Optimal Solutions Quotes

Free markets select for winning solutions.

Engineers love to optimize problems. Now I optimize logistical problems. I ask: 'What's the goal? What are our constraints? What is the optimal, elegant way to get to that goal within those constraints?' I break it down in terms of a data funnel: 'Where in the funnel are we inefficient?' That analytical background really helps.

Whereas economic man maximises, selects the best alternative from among all those available to him, his cousin, administrative man, satisfices, looks for a course of action that is satisfactory or 'good enough'.

Use only that which works, and take it from any place you can find it.

I'm always involved with the Aerospace Program and NASA and Goddard Space Flight Center. And if kids feel so inclined, they can log onto NASA and the Optimus Prime Spinoff Award, which we present every year to some of the brilliant young minds that are taking up into the academics of space, science, technology, math.

Large companies are very good at solving extremely complex problems in a globally optimal way.

I've always tried to do the smartest and best thing.

Evolve solutions; when you find a good one, don't stop.