Business Optimization Quotes

If firms were made to hire according to quotas, it might optimize the percentage of women in the industry, but that doesn't necessarily translate into more quality products for the customer.

Everything in your business can be outsourced... if you're not emotionally attached to doing it all.

Never stop asking yourself whether you can do things better. Keep testing every aspect of your business to the nth degree, and challenge every one of your assumptions. The tougher you are on yourself now, the tougher your business will be out there in the real world.

What gets measured gets improved.

Executives are waking up to realize that they can do a lot better, save money, make better decisions if they optimize and start thinking geographically and have a location strategy.

There isn't a plant or a business on earth that couldn't stand a few improvements-and be better for them. Someone is going to think of them. Why not beat the other fellow to it?

Like most business people, I want every aspect of my business to be perfect. I know that this goal is unachievable, but it is nevertheless what I strive to achieve .

An important re-engineering principle is that companies should focus on their core competence and outsource everything else.

By using big data, it will also be possible to predict adverse weather conditions, rerouting ships to avoid delays, and monitor fuel data, thereby allowing companies to optimize their supply chains and the way they drive their business.

We need to make sure we have the best people we can in our operations, and that is a constant challenge. There is always room to improve.

I will be ruthless in cutting out waste, streamlining structures and improving efficiency.

We have done a lot of work on cost reduction, getting ourselves lean, reducing our breakeven, reducing our fixed cost and increasing exports. All of these factors help because our export basket is not just automotive but also includes industrial products, railways and others.

There are companies that are cutting their costs by over 50% by offshoring.

What is the manager's job? It is to direct the resources and the efforts of the business toward opportunities for economically significant results. This sounds trite - and it is. But every analysis of actual allocation of resources and efforts in business that I have ever seen or made showed clearly that the bulk of time, work, attention, and money first goes to problems rather than to opportunities, and, secondly, to areas where even extraordinarily successful performance will have minimal impact on results.

We're not about liquidating companies, but if you do that, why is that terrible? We're not blowing up the factories. The person who buys it should be able to make the asset more productive.

You must perfect every fundamental of your business if you expect it to perform well.

The entire idea of building a series of systems in a business is simply this - to create the tools that allow you, as a business owner, to increase productivity and get the job done. The idea behind these systems, of course, is to quit needing your judgement or input in every area of the business.

To be a good manager, a manager tries to constantly fight to reduce waste.

We're allowing technology to take out the non-value-added manual elements of the McDonald's experience.

I want to prove to people that every single business can be reinvented and fixed. And I want to prove to myself that I'm good at it.

If eighty percent of your sales come from twenty percent of all of your items, just carry those twenty percent.

Utility is our national shibboleth: the savior of the American businessman is fact and his uterine half-brother, statistics.

Usually, you do a shakeup because you know that you have a problem or you gaps and you're going to fill those gaps.