Simon Sinek: Building trust

“Building trust requires nothing more than telling the truth.”

—Simon Sinek.

Nikhil G Daddikar: Accountability

‘If you say a team member is “responsible” for a task, it means the outcome for that task is solely reliant on that person.
However, in the event they fail to complete it, they are “accountable” for the outcome.
Accountability, therefore, is about ownership of outcomes.
These definitions apply across the hierarchy. e.g. If you’re a person with authority and you must make the right decisions, including hiring and delegating, you’re also an “accountable” person.’

—Nikhil G. Daddikar.

James Couzens: Social justice begins at home

“It is our belief that social justice begins at home. We want those who have helped us to produce this great institution and are helping to maintain it to share our prosperity. We want them to have present profits and future prospects. … Believing as we do, that a division of our earnings between capital and labor is unequal, we have sought a plan of relief suitable for our business.”

—-James Couzens.

Warren Buffett: We like haystacks, not needles

The speed of information really doesn’t make any difference to us. It’s the processing and finally coming to some judgment that actually has some utility…it’s a judgment about the price of a business or a part of a business, a security, versus what it’s essentially worth. And none of that involves anything to do, really, with quick information. It involves getting good information…. We’re not looking for needles in haystacks or anything of the sort…We like haystacks, not needles, basically. And we want it to shout at us.”

—Warren Buffett.

Christine Lagarde: Aging population

“I know this is economic jargon, but essentially, if you bring more women to the job market, you create value, it makes economic sense, and growth is improved. There are countries where it’s almost a no-brainer: Korea, Japan, soon to be China, certainly Germany, Italy. Why? Because they have an aging population.”

—-Christine Lagarde.