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Quote by Edward Whitacre, Jr.

“If someone wants to transmit a high-quality service with no interruptions and 'guaranteed this, guaranteed that,' they should be willing to pay for that.”

Quote by Edward Whitacre, Jr.

Author

Edward Whitacre, Jr.

Edward Whitacre, Jr., born on November 4, 1941, is a prominent figure in the business world, known for his significant contributions to the telecommunications and energy industries. His career has been marked by his roles in senior management positions. more

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“My goal in coming to General Motors was to help restore profitability, build a strong market position and position this iconic company for success. We are clearly on that path.”

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“None of us has control over the economy, the job market, or anything else in the global sense. But we are 100% in charge of how we respond to challenges that come our way, be it the loss of a job, a career derailment, or some other disappointment.”

Way Jobs Challenges Loss Careers Economy Disappointment

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“So long as TARP money is wrapped up in GM, the company will never shake its 'Government Motors' image. That label, as competitors and GM employees are keenly aware, is code for one thing: 'GM is a failure'.”

Long Government Company One Thing Labels Code Shakes Employee Competitors Motor Tarp

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“TARP is funded by taxpayers, so there are many rules about how that money can and can't be used. The result: GM spends an awful lot of time checking in with the people who administer TARP over everything from hiring to executive compensation and management. For a global company, that adds up to a lot of distraction.”

People Used Results Company Management Add Awful Executives Distraction Compensation Taxpayers Hiring Tarp Executive Compensation

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“When I got to GM they were using a matrix method of management which means everybody has more than one boss. I first heard about that system many years ago. It's supposed to help with collaboration, but my assessment is that it's pretty hard to get geared for action that way.”

Way Years Firsts Mean Hard Helping Action Heard Years Ago Management Method Boss Collaboration Assessment

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“When I went into GM there was a lack of morale. The company had gone bankrupt and the people who worked there were embarrassed. Underneath all of, though, there was a will to show what they were capable of, but nobody knew exactly what to do.”

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“I do not want to have the feeling of writing "for eternity," so to speak.”

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“Even as a little child, I've always had that comedian kind of attitude.”

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