Value Definition Quotes

Learning to see waste and systematically eliminate it has allowed lean companies such as Toyota to dominate entire industries. Lean thinking defines value as 'providing benefit to the customer'; anything else is waste.

In a consumer society, people wallow in things, fascinating, enjoyable things. If you define your value by the things you acquire and surround yourself with, being excluded is humiliating.

To be is to be the value of a variable.

It is too early to feel fear of the future when one is under 30, and too late after that. What I mean is that one must never allow fear to become one's permanent sense of life. The important thing is to prepare yourself intellectually to deal with whatever circumstances you may encounter, which requires that you define your values fully, clearly and rationally -- and never betray them.

Your security is determined by your ability to define what it is you do that has value. The clearer you can be on what it is you do well and what provides value for someone else, the more security you have.

Many companies claim they have core values, but typically what they're referring to are generic beliefs: having integrity, making a profit, responding to customers and so on. These values only have meaning when they're defined in terms of how people behave and are ranked to set priorities.

Once you know what you want and what is important for you to achieve, also define the values associated with it. What is important? That is something a lot of entrepreneurs pass by too quickly. For us, the things that were important were, No. 1, customer success. Nothing is more important to us than making sure every customer is successful in our service.

We are not just here to manage capitalism but to change society and to define its finer values.

In other industries, value is defined by the ultimate stakeholder - the one who benefits, or not, from the service. We should do the same in medicine.