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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. "
Lee Iacocca
Wrong
Facts
Mind
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" Any supervisor worth his salt would rather deal with people who attempt too much than with those who try too little. "
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Too Much
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" 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
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" If a guy is over 25 percent jerk, he's in trouble. And Henry was 95 percent. "
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Percent
Jerk
He
" I forgot to shake hands and be friendly. It was an important lesson about leadership. "
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" In a corporation, there can only be one guy in the end: the CEO. "
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Guy
Only
In The End
" I have found that being honest is the best technique I can use. Right up front, tell people what you're trying to accomplish and what you're willing to sacrifice to accomplish it. "
Lee Iacocca
You
Sacrifice
Best
" Talk to people in their own language. If you do it well, they'll say, 'God, he said exactly what I was thinking.' And when they begin to respect you, they'll follow you to the death. "
Lee Iacocca
Death
Respect
God
" 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
God
Stand
" The only rock I know that stays steady, the only institution I know that works, is the family. "
Lee Iacocca
Stays
Know
Family
" 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. "
Lee Iacocca
Hell
Go
Back
" I've always found that the speed of the boss is the speed of the team. "
Lee Iacocca
Team
Found
Always
" Trouble shared is trouble halved. "
Lee Iacocca
Trouble
Wisdom
Shared
" We at Chrysler borrow money the old-fashioned way. We pay it back. "
Lee Iacocca
Money
Finance
Borrow
" The greatest discovery of my generation is that human beings can alter their lives by altering their attitudes of mind. "
Lee Iacocca
Mind
Discovery
Human
" To succeed today, you have to set priorities, decide what you stand for. "
Lee Iacocca
Stand
Succeed
Today
" 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
Drive
Regret
" Management is nothing more than motivating other people. "
Lee Iacocca
Management
Work
People
" 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
Chrysler
Months
" 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. "
Lee Iacocca
Office
Run
Post Office
" In the end, all business operations can be reduced to three words: people, product, and profits. "
Lee Iacocca
End
People
Words
" The one word that makes a good manager - decisiveness. "
Lee Iacocca
Good
Manager
One Word
" Every business and every product has risks. You can't get around it. "
Lee Iacocca
Risks
You
Business
" 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
" The affections are like lightning: you cannot tell where they will strike till they have fallen. "
Lee Iacocca
Like
Tell
You
" The speed of the boss is the speed of the team. "
Lee Iacocca
Boss
Team
Speed
" 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
" 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. "
Lee Iacocca
New
Man
Long
" It was emotional when Chrysler sold out to the Germans. "
Lee Iacocca
Out
Sold
Chrysler
" There is no substitute for accurate knowledge. Know yourself, know your business, know your men. "
Lee Iacocca
Know
Business
Men
" People want economy and they will pay any price to get it. "
Lee Iacocca
Price
People
Pay