As we segregate by income into different communities, schools in lower-income areas have fewer resources than ever.
Robert ReichRead
Your most precious possession is not your financial assets. Your most precious possession is the people you have working there, and what they carry around in their heads, and their ability to work together.
Interpretation
The value of a business lies in its people rather than its financial resources.
In this quote, Robert Reich emphasizes that the true wealth of an organization stems from its employees and their collective knowledge and teamwork. It suggests that human capital and collaboration are far more important than mere financial assets, as they drive innovation and productivity within a company.
In practice
In a company meeting discussing company culture, this quote can inspire leaders to value employee contributions.
As we segregate by income into different communities, schools in lower-income areas have fewer resources than ever.
What are called 'public schools' in many of America's wealthy communities aren't really 'public' at all. In effect, they're private schools, whose tuition is hidden away in the purchase price of upscale homes there, and in the corresponding property taxes.
What someone is paid has little or no relationship to what their work is worth to society.
Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.
The dirty little secret is that both houses of Congress are irrelevant. ... America's domestic policy is now being run by Alan Greenspan and the Federal Reserve, and America's foreign policy is now being run by the International Monetary Fund [IMF]. ...when the president decides to go to war, he no longer needs a declaration of war from Congress.
You can't inspire people if you are going to be uninspiring.
As coaches we talk about two things: offense and defense. There is a third phase we neglect, which is more important. It's conversion from offense to defense and defense to offense.
I have the consolation of leaving your kingdom in the highest degree of glory and of reputation.
We want to support our troops because they didn't make the decision to go there... but I don't think it should be open-ended. We ought to have a benchmark where the administration has to come back and give us a report.
Captaincy is 90 per cent luck and 10 per cent skill. But don't try it without that 10 per cent.
When a man assumes a public trust he should consider himself a public property.
It's hard to visualize someone as a leader, if she is always waiting to be told what to do.
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