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.
All things being equal, the primary competitive advantage of your business will be your ability to grow Leaders Without Titles faster than your industry peers.
A person, who no matter how desperate the situation, gives others hope, is a true leader.
I have nothing to do with opinions. I deal only with armed rebellion and its aiders and abettors.
The leaders who work most effectively, it seems to me, never say "I." And that's not because they have trained themselves not to say "I." They don't think "I." They think "we"; they think "team." They understand their job to be to make the team function. They accept responsibility and don't sidestep it, but "we" gets the credit. This is what creates trust, what enables you to get the task done.
There is no contest between the company that buys the grudging compliance of its work force and the company that enjoys the enterprising participation of its employees
Whenever America sends its citizens into harm's way, it must do so with eyes wide open.
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