Mike Duke Quotes

Xerox's innovative technology and service offerings - delivered through an expanding distribution system with a lean and flexible business model - continue to solidify our market leadership, driving consistently strong earnings performance.

The crucial point is always the own cost structure. Therefore I created a Low Cost alliance with air Berlin.

It's easier to build a business around a first-class product, even if it's a more expensive product to produce.

Not long ago, the term 'business model' was not exactly on the tip of everyone's tongue. Then, in the early to mid-1990s, 'business model' became a catchphrase that described how a company makes money or saves money.

Money, while clearly helpful in solving myriad problems, can often conceal a business's real flaws. It can also risk rigidifying a company's business model at the very moment it should be in 'customer discovery' mode or iterating around market opportunities.

I said the only way I would join Pets.com was if I could get Amazon to invest, and I did. I knew that anything that could be sourced externally, Amazon could do better and cheaper than anyone else except Walmart. It was really obvious to me.

We've tried to keep as cheap and lean an operation as possible.

Use the same measure for selling that you use for purchasing.

The median startup is a business that's capitalized with about $25,000. The financing of that business comes from the entrepreneur's savings. The business is a retail or personal service business, a hair salon or a clothing store, that kind of thing.

I'm sure some people will say, 'Why do this?' And my response is, 'Why wouldn't you?' The film business in general is using a model that is outdated and, worse than that, inefficient.

Mint's business model became, 'We'll go for free, and then we'll find these savings opportunities for you.' You know, better interest rate on your credit cards, when should you consolidate your student loans, when does it mathematically make sense to refinance your mortgage, and Mint figures all that stuff out for you.

Every government program needs to be more efficient. Instead of pointing out how other programs can tighten their belts, every program administrator must look inward to save money.

I love Wal-Mart. You can put that down. I love Wal-Mart. My husband and I hang out there.

We're not in the business of shaping consumer demand. We respond to it.

I realized early on, maybe better than some of my competitors did, that a textile business can run only if you have scale. I decided to horizontally and vertically integrate, adding everything from spinning, dyeing, weaving, and stitching to processing and packing.

Our business is about technology, yes. But it's also about operations and customer relationships.

A satisfied customer is the best business strategy of all.

He testified that when you looked at it through the eyes of 'let's do it', the costs were very small. They were less than they'd had to spend to host a convention of transportation executives. The cost was not that great.

I believe in the 'Wal-Mart' school of business. The less people pay, the more they enjoy it.

In our experience at Safeway, we're confident that we can actually improve the quality of health care while taking costs down and using the savings to help finance coverage of low-income people who are clearly going to need help to pay for insurance.

There's no reason for Gillette to be world class on the web, but there's every reason for Gillette to be world class in producing billions of high powered razor blades at low cost.

What we are trying to do is to look at all of those resources and say, well, would they be better spent on just advocacy and information, or can we make savings out of that and redirect them into savings.

There can be no one best way of organizing a business.

The purpose of a business is to create customers.

… people who have built a business doing it the old way think it would be better if things could be more stable for longer periods of time. But you have to remember, new inventions are not inherently disruptive. Invention is only disruptive if customers say, “Hey, I like this better than the old way”.