“Failure is an important tool with which one can reassess and reconstruct an idea or process, it is an essential element of the feedback loop. Failure should be used to step back and question your method and weaknesses. To recognize failure early can ultimately make one much stronger down the road.”
— Carlo Ancelotti
Legendary football manager with multiple Champions League titles

The quote archive

Business

A growing archive of 3,000+ moments, drawn from every interview.

It feels great to have the iPad launched into the world... it's going to be a game changer.

— Steve Jobs

Co-Founder of Apple & Pioneer of Personal Computing

Governments are keen to levy brutal taxes on the very engines that create the market for goods and services; lowering their propensity to spend and invest by removing the surpluses they would normally use to do so.

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highly motivated teams, who are motivated by the 'end' (the cause) rather than the 'method' (the task)

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individuals throughout an organisation are usually far more passionate and committed to the organisation than in most for-profit companies

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Third sector organisations have learnt, through necessity, to rally their teams around a common goal

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have to scrape by on 'zilch' or, at most, on a fraction of what is taken for granted in the for-profit world.

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have to persuade people to part with money for goods or services that are used by others

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Economies are built on free flow of capital within the market, which drives trade. Business and individuals need debt (finance) to invest, develop, trade and grow. This is a fundamental truth of how markets operate.

— Anonymous Banking Expert

These revised capital adequacy guidelines will shield banks from another crisis in the format we have seen but provide little or no protection against events which could occur such as systemic capital disruptions from terrorism and conflict.

— Anonymous Banking Expert

Basel III effectively means putting thicker gloves on this boxer, without fixing the fundamental problem (they cannot cope with unexpected punches, from a highly developed adversary- the economy).

— Anonymous Banking Expert

These new regulations should (in theory, although there is no research to test it) prevent this psychological risk aversion by ensuring that all counterparties know that at a wholesale and institutional level, they are safe.

— Anonymous Banking Expert

Saying people have the ability to participate in decisions, and actually ensuring they can, should not be mutually exclusive. Our nations, economies and companies can perform far better where we genuinely allow and encourage participation in governance and policy from all stakeholders.

— Not specified

When we talk of economic confidence, business confidence, or even confidence in global markets, we are talking of the mindset of the majority of participants in that market. In a 'booming' market, participants feel happy, with little sense of risk- so they are happy to invest in their businesses, create jobs, buy property, and drive strong economic figures.

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In reality- the financial markets are a critical part of our global infrastructure, as much as energy, food, and communications. For any country to remain globally competitive, their financial industries must be so- as they provide the lifeblood (money) for investment in the ideas and infrastructure which will build a nation.

— Unknown

Telecommunications has not only connected India, but it has also given India global recognition and a new respect for Indian talent. It has created our own multinationals, and created a huge amount of foreign exchange reserves.

— Dr. Sam Pitroda

Telecom Pioneer & Advisor to Indian Government on Technology Policy

These institutions walk, talk and act like commercial-organisations and must be treated as such.

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