Mitt Romney Quotes

... whatever business you're in, it doesn't matter, it's going to commoditize over time, it's going to devalue, you've got to keep moving it to a higher value. Keep going to a higher value in whatever it is that you do and force yourself and force the organization to always do it ahead of time

In any business, you have to evolve.

We recognize the need to adapt to a changing competitive environment.

No company can afford not to move forward. It may be at the top of the heap today but at the bottom of the heap tomorrow, if it doesn't.

In business, the competition will bite you if you keep running, if you stand still, they will swallow you.

No matter what business you're in, you can't run in place or someone will pass you by. It doesn't matter how many games you've won.

If companies don't think systemically enough - if they try to capture too much of the value - eventually, innovation moves somewhere else.

When you're a large company with significant market share, it's tempting to view market disruptions as a threat, but we view them as an opportunity.

To thrive, all businesses must focus on the art of self-disruption. Rather than wait for the competition to steal your business, every founder and employee needs to be willing to cannibalize their existing revenue streams in order to create new ones. All disruption starts with introspection.

Franchises need to evolve or die.

I think Microsoft will have to change. I think that the business of Microsoft, the company of Microsoft, is going to continue to succeed. But I think the business model of Microsoft is going to have to change.

There's always something happening in the world that creates an opportunity to try to fix a business and build a business.

The whole concept behind 'Forty Chances' is really a mindset: If everybody thought they had to put themselves out of business in 40 years, you had 40 chances to succeed in what your primary goals are, you would probably be more urgent and you would be forced to change quicker.

I look at every business and ask, How long can this last? How can I identify the status quo and change it?

The emphasis on innovation and technology in our companies has resulted in a few of them establishing global benchmarks in product design and development, manufacturing practices and human resource capabilities. However, there is no room for complacency.

You have to be willing to risk things; otherwise, somebody else will put you out of business.

Practically every enterprise is threatened and put on the defensive as soon as it comes into existence.

There is no resting place for an enterprise in a competitive economy.

You either innovate or you become defunct.

In a competitive industry, only paranoid incumbents - those constantly striving for betterment - have any hope of surviving.

Healthy competition is very important in any industry. It keeps you on your toes and helps you grow.

Benchmarking is an ongoing exercise in any company that aspires for leadership.

Businesses that don't evolve are businesses that die.

Every organization has to prepare for the abandonment of everything it does.

You want to grow. To compete effectively - - even if you weren't going to grow, just to maintain your position - - you look at who you're competing with. And everyone you're competing with is changing to get better, sometimes dramatically.