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" Innovation happens everywhere. "
Ruth Porat
Innovation
Happens
Everywhere
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" Solving problems for users at scale ultimately results in monetization opportunities. "
Ruth Porat
Scale
Results
Problems
" 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
" 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
" I'm delighted to be returning to my California roots and joining Google. "
Ruth Porat
Roots
California
Returning
" 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 don't have ample liquidity, and it's not durable, in times of stress, as you're looking for liquidity, you're forced to sell assets at declining prices, which then eats into your capital position, so it becomes this very, very negative cycle. There's no question that liquidity is sacrosanct. "
Ruth Porat
Looking
Negative
Question
" We think machine learning, as it relates to healthcare and life sciences, is extraordinary. "
Ruth Porat
Think
Life
Learning
" Recognize that killing a weak idea early is valuable. "
Ruth Porat
Recognize
Early
Valuable
" 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
" 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
" There are no good options in the midst of a crisis. "
Ruth Porat
Good
Options
Crisis
" Liquidity is oxygen for a financial system. "
Ruth Porat
Financial
Liquidity
Oxygen
" 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
" Stick to your true north - build greatness for the long term. "
Ruth Porat
Build
Greatness
Long
" I have seen too many people in my career think that there is some natural progression to life, with certain career milestones preceding whatever you may want in your personal life. Unfortunately, life doesn't know it is supposed to follow a schedule. "
Ruth Porat
Life
People
Think
" When I started, there 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
Me
Say
Want
" I think what Sheryl Sandberg said about the importance of 'leaning in' is very true, but it's not sufficient. "
Ruth Porat
Importance
Leaning
Think
" I've had the opportunity to experience firsthand how tech companies can help people in their daily lives. "
Ruth Porat
Daily
Experience
People
" I stayed at Morgan Stanley for 27 years because it was fun. I kept learning. "
Ruth Porat
Years
Because
Kept
" 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
" The most important thing is culture. "
Ruth Porat
Important
The Most Important
Culture
" Incrementalism in technology leads to irrelevance; what you need is revolutionary change. "
Ruth Porat
Technology
Leads
You
" 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
" Businesses perform better when you have diversity of view in your senior leadership positions. This is not just the right thing to do socially; it's the right thing to do for your business. "
Ruth Porat
View
Leadership
Diversity
" Unless you stay focused on innovation, you can be disintermediated. "
Ruth Porat
Stay Focused
You
Innovation
" Competition is one click away. Innovation happens everywhere... you better have a culture asking for a voice. "
Ruth Porat
Innovation
Competition
Culture
" 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
" 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
" 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
" You can't cost-cut your way to greatness. "
Ruth Porat
Greatness
Your
You