| QUOTE |
| 9:52 - Clyde Prestowitz wrote a good book, no need to read it, just the title: 3bn bew capitalists (think China) 10:01 - there is only one solution: Inovation 10:02- You (romania) are not going to beat china in costs 10:03 - what happens after China? More China! 10:05 - there is no difference between romanian schools, german schools, british schools 10:10 - the smartest people aren’t the best; the ebst are those more resposible to change 10:19 - Taiwan - chic branding; New Zealand - Design excellence - everybody wants out of the low cost image, because of China 10:20 - we can’t survive playing the same game we’ve been playing for the past 25 years 10:32 - South eastern europte has better prospects than Germany or france 10:36 - on entrepreneurship - if you run a mercedes at age 15, is less likely you’ll start a caompany 10:42 - giant companies don’t work; giant companies are awful 10:46 - I learnt only 4 things in 40 years (one a decade): - decentralization - execution - accoutnability - 6:15 AM - the earliest presentation I had out of 2.400 - at GE 10:54 - to innovate, hang up with people that are not like you; angry customers, strange competitors, crazy employees help you innovate 11:12 - if you spend 80% of time on doing better what you did yesterday, you’ll never innovate 11:15 - reward excellent failures. Punish mediocre successes. 11:32 - sales is all there is in life 12:21- Do things before you’re ready, and then adjust 12:36 - EU has 850.00 pages of regulation, no wonder it has a problem with entrepreneurship 12:37 - Brussels scares the hell out of me, with all its buildings and people 12:39 - stupid questions TOm has to answer: where is EU going in 10 years, what do you think about Bush administration… 13:02 - Being 5 years ahead is fantastic, but it can hurt the P&L 13:15 - miling the cash cow is over because it means milking the old cow 13:21 - be relevant to your community, don’t copmpare yourself to the giants 13:22 - Being dramatically different wins 13:24 - There is nothing easier in the world than beating a giant company (think local) 13:31 - resillience is important (hmm… just heard the same thing on a recent CAlacanis podcast) 13:44 - my goal is to not work with anybody who ins’t the best in the world 13:57 - each department (hr, finance etc) should see itself as a comany, with goals and positionng and everything, competing with professional services companies eager to get the outsource business 14:06 - if you think it doesn’t matter what you do at work (where you spend most of your time), you’re stupid (think excellence) 14:11 - IBM managed to transform from a company that makes boxes in a comany that sells ideas (IBM Global Services - $55bn / year) 14:08 - Customer satisfaction is wrong, we don’t want to make them smile. CUSTOMER SUCCESS is key. 14:14 - think gamechanging solutions 15:26 - branding is the answer to the simple question: who are we? what’s the dream? 15:27 - who’s got the best story wins 15:43 - there are 2 giant world markets worth trillions of dollars: 1) women. Women buy everything. Women tahe 83% of all consumer purchases. - still women complain they’re being treated as brainless when they go shopping 2) baby boomers (people born between 1946-1964) and geezers (older than boomers) 16:11 - guys are into things, women are into relationships 16:21 - women are better in sales, because they’re good at relationships 16:33 - entrepreneruship should be taught in schoool; our schools teaches kids to become the german army 16:43 - leaders aren’t the best strategists; they hire the best strategists 16:46 - there is no training in the history of the world that can train somebody to be enthusiastic 16:49 - the 3 most important words of a leader are: “I DON’T KNOW” 16:54 - Live your story 16:55 - how do I convince people to be more entrepreneurial? By being more entrepreneurial. 16:56 - what you need is a TO DON’T LIST 16:57 - calendars do not lie - you=your calendar (no matter of what you think you are) 17:00 - “you can only find oil if you drill wells” - from the best oil finder in the world 17:03 - never hire a person who doesn’t have enthusiasm. never-ever-ever-ever 17:12 - “the greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it” - Michelangelo 17:16 - it is much better to be in ROmania, than in Germany on the US - because here you have all the possibilities |