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" Competition is one click away. Innovation happens everywhere... you better have a culture asking for a voice. "
Ruth Porat
Innovation
Competition
Culture
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" The wealth disparity between the lowest and the highest continues to expand, and that's inappropriate. "
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Wealth
Lowest
Inappropriate
" I've had the opportunity to experience firsthand how tech companies can help people in their daily lives. "
Ruth Porat
Daily
Experience
People
" Solving problems for users at scale ultimately results in monetization opportunities. "
Ruth Porat
Scale
Results
Problems
" Stick to your true north - build greatness for the long term. "
Ruth Porat
Build
Greatness
Long
" I hate the term 'work-life balance.' I think it's a setup, and it's trap for all of us. "
Ruth Porat
Think
Us
Balance
" There are no good options in the midst of a crisis. "
Ruth Porat
Good
Options
Crisis
" If you continue to plow ahead in something that is OK, you will miss the opportunity to do something that is great. "
Ruth Porat
Will
Opportunity
You
" Incrementalism in technology leads to irrelevance; what you need is revolutionary change. "
Ruth Porat
Technology
Leads
You
" Innovation happens everywhere. "
Ruth Porat
Innovation
Happens
Everywhere
" Recognize that killing a weak idea early is valuable. "
Ruth Porat
Recognize
Early
Valuable
" Since 1987, there are now many more of us as at the higher levels with families, so I think, as role models, we are encouraging more women to stay within banking and rise up through the ranks. "
Ruth Porat
Think
Rise
Now
" The most valuable thing you can have as a leader is clear data. "
Ruth Porat
Most
Data
Clear
" I remember, the first time it struck me is I was an econ major at Stanford as an undergrad, and it struck me how few women were econ majors back in the '70s. And then in business school how few women... And even then, I thought, 'Gosh, this is really unfortunate.' "
Ruth Porat
Thought
Women
Time
" I have not been a believer of point guidance. It really limits your flexibility to do what you want. It leads to behavior that is not supportive of long-term shareholder value. "
Ruth Porat
Your
You
Want
" The most important thing is culture. "
Ruth Porat
Important
The Most Important
Culture
" The wealthiest can afford to pay more in taxes. That's a part of the deal. That makes sense. I don't know anyone that doesn't agree with that. "
Ruth Porat
More
Agree
Know
" Women are still not reaching the most senior levels of corporations. This is not the shortcoming of women. We're talented and smart. "
Ruth Porat
Smart
Most
Senior
" If the door is nailed shut, and you're 'Leaning In,' you're just going to get bruised and battered. "
Ruth Porat
Get
Just
Going
" Unless you stay focused on innovation, you can be disintermediated. "
Ruth Porat
Stay Focused
You
Innovation
" We think machine learning, as it relates to healthcare and life sciences, is extraordinary. "
Ruth Porat
Think
Life
Learning
" One of the biggest problems women have is they work really hard and put their heads down and assume hard work gets noticed. And hard work for the wrong boss does not get noticed. Hard work for the wrong boss results in one thing - that boss looks terrific, and you get stuck. "
Ruth Porat
Work
Hard Work
Problems
" I stayed at Morgan Stanley for 27 years because it was fun. I kept learning. "
Ruth Porat
Years
Because
Kept
" Liquidity is oxygen for a financial system. "
Ruth Porat
Financial
Liquidity
Oxygen
" It's been invigorating being back on the West Coast, being at Alphabet, because there is so much innovation. And the big challenge is, how do you think about resource allocation and priorities when you have so many great options? But wearing jeans instead of suits and popping into driverless cars has also been a lot of fun. "
Ruth Porat
Fun
Challenge
Think
" Culture is more important than rules and regulations. "
Ruth Porat
Culture
Important
More
" Growing up in Silicon Valley, during my time at Morgan Stanley and as a member of Stanford's Board, I've had the opportunity to experience firsthand how tech companies can help people in their daily lives. "
Ruth Porat
Time
Experience
Opportunity
" You can't cost-cut your way to greatness. "
Ruth Porat
Greatness
Your
You
" When I started, there were very few women at the managing director level and very few who had families, which is something that was important to me. So it's not like, when I looked up, I could say, 'Well, that's who I want to be.' "
Ruth Porat
Important
Me
Want
" I view investors as our partners and stakeholders in the company. They are trying to build financial models. What I try to focus on is helping them understand how we think. "
Ruth Porat
Financial
Think
Trying
" If you're just focused on work, my view is that you'll never get enough back from any organization, no matter how fantastic the role is, and you have to have a full life so that you really get enriched in a lot of different ways, and that can be family and kids. It can be, for others, sports. "
Ruth Porat
Organization
Family
Life