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In a corporation, there can only be one guy in the end: the CEO.
Lee Iacocca
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I was stunned. It was a complete takeover. Chrysler had $12 billion in cash and was stronger at the time and should have bought Daimler.
Lee Iacocca
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Here's what management is about: Pick good people and set the right priorities.
Lee Iacocca
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Your legacy should be that you made it better than it was when you got it.
Lee Iacocca
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Over the years, many executives have said to me with pride: 'Boy, I worked so hard last year that I didn't take any vacation.' I always feel like responding, "You dummy. You mean to tell me you can take responsibility for an eighty-million-dollar project and you can't plan two weeks out of the year to have some fun?
Lee Iacocca
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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
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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.
Lee Iacocca
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When future historians look back on our way of curing inflation they'll probably compare it to bloodletting in the Middle Ages.
Lee Iacocca
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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
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The trick is to make sure you don't die waiting for prosperity to come.
Lee Iacocca
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If I had to sum up in a word what makes a good manager, I'd say decisiveness. You can use the fanciest computers to gather the numbers, but in the end you have to set a timetable and act.
Lee Iacocca
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There are times when even the best manager is like the little boy with the big dog, waiting to see where the dog wants to go so he can take him there.
Lee Iacocca
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Most people are looking for security, a nice, safe, prosperous future. And there's nothing wrong with that. It's called the American Dream.
Lee Iacocca
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I forgot to shake hands and be friendly. It was an important lesson about leadership.
Lee Iacocca
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To solve big problems you have to be willing to do unpopular things.
Lee Iacocca
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The great issues facing us today are not Republican issues or Democratic issues. The political parties can debate the means, but both parties must embrace the end objective, which is to make America great again.
Lee Iacocca
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We believe the combination of these two companies will produce very powerful synergies and puts us on a solid platform from which we should be able to realize our full growth potential.
Lee Iacocca
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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.
Lee Iacocca
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Never rest on your oars as a boss. If you do, the whole company starts sinking.
Lee Iacocca
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Greenmail, in case you're wondering, is when a company pays a raider a premium for his holdings-if he'll go away. What I think it really is is blackmail in a pin-striped suit.
Lee Iacocca
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He was eccentric. He was no prince in his social attitudes and his politics. But Henry Ford's mark in history is almost unbelievable.
Lee Iacocca
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I guess I invented extended warranties, because that's all we had to sell at Chrysler in those days.
Lee Iacocca
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Decisiveness is the one word that makes a good manager.
Lee Iacocca
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I'd really love to meet the guy I'm supposed to be. I'd hire him in a second.
Lee Iacocca
