China is a vast, disparate country; there is no alternative to strong central power.
Lee Kuan YewRead
If you deprive yourself of outsourcing and your competitors do not, you're putting yourself out of business.
Interpretation
What this quote means
Failing to delegate tasks or utilize external resources can lead to a competitive disadvantage.
In this quote, Lee Kuan Yew emphasizes the importance of outsourcing and utilizing available resources to maintain a competitive edge in business. The quote suggests that if a business refrains from leveraging external help or services, while its competitors actively do so, it risks becoming obsolete and unable to compete effectively in the market.
Themes
OutsourcingBusinessCompetitionStrategyEfficiency
In practice
Example use cases
In a business conference to highlight the importance of efficiency.
More from Lee Kuan Yew
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Political reform need not go hand in hand with economic liberalization.. I hold unconventional views about this.. I do not believe if you are a libertarian, full of diverse opinions, full of competing ideas in the market place, full of sound and fury, therefore you will succeed.
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The human being is an unequal creature. That is a fact. And we start off with the proposition. All the great religions, all the great movements, all the great political ideology, say let us make the human being as equal as possible. In fact, he is not equal, never will be.
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They say, oh, letβs have multiparty politics. Letβs have different parties change and be in charge of the Government. Is it that simple? You vote in a Division Three government, not a Division One government, and the whole economy will just subside within three, four years. Finished.
Lee Kuan YewRead
America's greatest long-term influence on China comes from playing host to the thousands of students who come from China each year, some of the ablest Chinese scholars and scientists. They will be the most powerful agents for change in China.
Lee Kuan YewRead
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