QuoteProject
Government caters to those screaming the loudest, regardless of what they're screaming about. In business, it's exactly the opposite! You invest more in the most successful departments, and less in those that aren't performing.
Michael Bloomberg
ShareWTF𝕏

Interpretation

What this quote means

This quote highlights the contrasting approaches of government and business in handling demands and resource allocation.

Michael Bloomberg's quote illustrates the key difference between governmental and business priorities. While government may respond to the loudest voices, often leading to resource misallocation, businesses focus on investing in high-performing departments to drive success and efficiency. This dichotomy underscores the need for strategic decision-making based on performance rather than noise.

Themes

GovernmentBusinessLeadershipInvestmentPerformance

In practice

Example use cases

In a corporate meeting discussing budget allocations, quoting this to emphasize strategic investment.

More from Michael Bloomberg

Like Israel, New York City's history has been defined by immigrants who come in search of freedom and the opportunity to build a better life. And like Israel, New York City has remained a target for terrorists who seek to destroy that freedom
Michael BloombergRead
No matter what you may think about her politics or her record, Hillary Clinton understands that this is not reality television; this is reality. She understands the job of president. It involves finding solutions, not pointing fingers; and offering hope, not stoking fear.
Michael BloombergRead
Ten years have passed since a perfect blue sky morning turned into the blackest of nights. Since then we've lived in sunshine and in shadow, and although we can never unsee what happened here, we can also see that children who lost their parents have grown into young adults, grandchildren have been born and good works and public service have taken root to honor those we loved and lost.
Michael BloombergRead
If you think of all the publicity about the terrible tragedy of Virginia Tech, we have a Virginia Tech in this country every day. It's just spread across 50 states.
Michael BloombergRead
I don't believe that government is good at picking technology, particularly technology that is changing. By the time you get it done and go through democracy, it's so outdated.
Michael BloombergRead
I've always thought if we don't want to enforce laws on the books, we should remove them from the books. But when you have laws, you breed contempt if you don't enforce them.
Michael BloombergRead

Similar quotes

Personal leadership is the process of keeping your vision and values before you and aligning your life to be congruent with them.
Stephen CoveyRead
As president, I was more successful; I had more opportunity than as prime minister. Why? I didn't have the power to give orders, to command, but I had the opportunity to call people to volunteer. In my period of presidency, I never heard the word 'no.'
Shimon PeresRead
We run the company by questions, not by answers.
Eric SchmidtRead
What should be the aim of management? What is their job? Quality is the responsibility of the top people. Its origin is in the boardroom. They are the ones who decide.
W. Edwards DemingRead
Women have to be active listeners and interrupters - but when you interrupt, you have to know what you are talking about.
Madeleine AlbrightRead
I took an oath of office to the Constitution, I didn't take an oath of office to my party or my president.
Chuck HagelRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.