Joe Lhota Quotes

There is no reason why government should not be as efficient as any good business.

It's a very difficult business, and I'm very interested in the future of it after I'm gone, and I thought that if I can't produce a strong management team here myself, and I can find better management elsewhere, then I should sell it.

Managers are important: they are leading the company and guiding and have to provide vision and manage the daily business.

If you don't understand the details of your business you are going to fail.

Once you start a business, you have to grow it and grow with it - starting a business is not just for Christmas.

A well-managed business will have a high return on invested capital. But that's a consequence. It's not a way to manage a business.

In order to run a great business, you must know that a bunch of really intrinsically unhappy people, that's not a recipe for success. Don't be anywhere you don't need to be; it's just like that.

If you don't drive your business, you will be driven out of business.

In business, the idea of measuring what you are doing, picking the measurements that count like customer satisfaction and performance... you thrive on that.

Most regular, two-year MBA programs provide both experience and the capacity to link together the essential elements of management such as finance, marketing, organizational behavior, and operations.

I have almost no interest in quarterly reports. Running a business or investing in a business based on quarterly earnings doesn't make any sense at all to me.

I never took classic business classes in college, so I don't have the background that any of the people running large companies have.

There's smarter people than me. But you cannot have any one guy running 18 billion-dollar businesses. It just doesn't make sense to me. I've met some extraordinary leaders in my time. They struggle with running one billion-dollar business.

I have made the tough decisions, always with an eye toward the bottom line. Perhaps it's time America was run like a business.

If you're running an engineering or finance company, all companies depend on ideas and ingenuity. I think the principles of creative leadership apply everywhere, whether it's an advertising company or whether you're running a hospital.

The only thing I would say is, I think there's a lot of future value in Blackberry, but without experienced people who have run this type of business, and without a strategic plan, it would be really challenging.

A lot of what I do is running businesses rather than buying stocks. My worst decision is probably when I know I have the wrong chief executive running the business, and I keep on waiting to make the difficult decision of replacing him.

Twenty-eight years in business and you understand the importance of problem solving and the importance of efficiency, because if you don't become efficient, you don't run a business well, and you are out of business. And I think some of those principles could be applied to leadership in Washington.

I have a business to run and stockholders to think about.

In business, you try to solve problems.

My team members are Hector Soto, who is a boxing promoter and Vice-president of Miguel Cotto Promotions. He runs all my business. He was the person that my father left in charge of it all. Bryan Perez is my right-hand man.

As a multisport athlete, I was always fascinated with competition and how to win. At HBS and later at the Harvard Department of Economics, I was drawn to the field of competition and strategy because it tackles perhaps the most basic question in both business management and industrial economics: What determines corporate performance?

About half my time is spent on business operation type stuff.

The State of Virginia is similar to a great business corporation... and should be conducted with the same efficiency and economy as any private business.

I am a very hands-on person, and I like to be involved in driving my business.