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" I've always found that the speed of the boss is the speed of the team. "
Lee Iacocca
Team
Found
Always
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" I always go back to Harry Truman: Should we drop an atomic bomb to save 100,000 lives? That's a hell of a decision to make. Did he make that decision by himself? No, he had advisers. "
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" Decisiveness is the one word that makes a good manager. "
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" My father always used to say that when you die, if you've got five real friends, then you've had a great life. "
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" Every business and every product has risks. You can't get around it. "
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" The only rock I know that stays steady, the only institution I know that works, is the family. "
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" The one word that makes a good manager - decisiveness. "
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" The ability to concentrate and to use time well is everything. "
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" What is wrong with changing your mind because the facts changed? But you have to be able to say why you changed your mind and how the facts changed. "
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" The greatest discovery of my generation is that human beings can alter their lives by altering their attitudes of mind. "
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" The affections are like lightning: you cannot tell where they will strike till they have fallen. "
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" Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss. "
Lee Iacocca
Business
Start
Employees
" I was at Ford for 32 years. I went to Chrysler in 1978, four or five months after I got canned by Henry Ford. "
Lee Iacocca
Five
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" No matter what you've done for yourself or for humanity, if you can't look back on having given love and attention to your own family, what have you really accomplished? "
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Love
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" People want economy and they will pay any price to get it. "
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Price
People
Pay
" In times of great stress or adversity, it's always best to keep busy, to plow your anger and your energy into something positive. "
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Stress
Adversity
Anger
" To succeed today, you have to set priorities, decide what you stand for. "
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Stand
Succeed
Today
" The kind of people I look for to fill top management spots are the eager beavers, the mavericks. These are the guys who try to do more than they're expected to do - they always reach. "
Lee Iacocca
Look
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People
" In a corporation, there can only be one guy in the end: the CEO. "
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Guy
Only
In The End
" The most successful businessman is the man who holds onto the old just as long as it is good, and grabs the new just as soon as it is better. "
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New
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" I forgot to shake hands and be friendly. It was an important lesson about leadership. "
Lee Iacocca
Lesson
Leadership
Important
" If you want to make good use of your time, you've got to know what's most important and then give it all you've got. "
Lee Iacocca
Know
Good
Important
" Motivation is everything. You can do the work of two people, but you can't be two people. Instead, you have to inspire the next guy down the line and get him to inspire his people. "
Lee Iacocca
Inspire
You
Work
" If a guy is over 25 percent jerk, he's in trouble. And Henry was 95 percent. "
Lee Iacocca
Percent
Jerk
He
" I guess that's one achievement I'm really proud of. Saving Chrysler was more than jobs, more than shareholder value. Saving Chrysler was a good idea for the whole country. "
Lee Iacocca
Achievement
Country
Value
" I guess I invented extended warranties, because that's all we had to sell at Chrysler in those days. "
Lee Iacocca
Guess
Those
Sell
" I have always found that if I move with seventy-five percent or more of the facts that I usually never regret it. It's the guys who wait to have everything perfect that drive you crazy. "
Lee Iacocca
Facts
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Regret
" A guy named Charlie Beacham was my first mentor at Ford. He taught me the importance of the dealers, and he rubbed my nose in the retail business. "
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" Management is nothing more than motivating other people. "
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" One of the things the government can't do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt. "
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Office
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Post Office
" Apply yourself. Get all the education you can, but then, by God, do something. Don't just stand there, make it happen. "
Lee Iacocca
Education
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Stand