Walter Kiechel Quotes
The experience curve says that your costs should probably decline by 15% or 20% with every doubling in your experience making a product, approximately how many of them you turn out. It also says that if you have the biggest market share, meaning the most experience of anybody in your competitive set, you should have the lowest costs, and the resultant capability to underprice your competitors, maybe forever. The abiding lesson of the experience curve is that companies need to discipline themselves to keep reducing their costs, year in, year out, if they are to remain competitive.
Walter Kiechel
Quotes to Explore
The sea is fulfilled, and the Empire fell apart. Lord, Portugal must yet fulfill itself!
Fernando Pessoa
He is not only dull himself, but the cause of dullness in others.
Samuel Johnson
I like a book. I like to read for four hours at a stretch. I think very few are the young people who are even capable of reading for four hours at a stretch, because it's such a bizarre thing for them to do. I am mourning this.
Lee Smith
It's incredible to me that any two individual minds, trapped in their skulls and bodies and histories and unique experiences, are able to reach across the void between them and touch at all.
Ken Liu
You can delegate authority, but you cannot delegate responsibility.
Byron Dorgan
The roles of art, morality, religion, political faith, science itself are not to repair organic exhaustion nor to provide sound functioning of the organs. All this supraphysical life is built and expanded not because of the demands of the cosmic environment but because of the demands of the social environment.
Emile Durkheim
Over the years, I've interviewed thousands of people, most of them women, and I would say that the root of every dysfunction I've ever encountered, every problem, has been some sense of a lacking of self-value or of self-worth.
Oprah Winfrey
I played basketball and baseball up until college, yea. Then I lost my discipline and started chasing girls and whatnot.
Omar Benson Miller
One doesn't become a soldier in a week - it takes training, study and discipline. There is no question that the finest Army in the world is found in the United States.
Daniel Inouye
The experience curve says that your costs should probably decline by 15% or 20% with every doubling in your experience making a product, approximately how many of them you turn out. It also says that if you have the biggest market share, meaning the most experience of anybody in your competitive set, you should have the lowest costs, and the resultant capability to underprice your competitors, maybe forever. The abiding lesson of the experience curve is that companies need to discipline themselves to keep reducing their costs, year in, year out, if they are to remain competitive.
Walter Kiechel
