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Cost Quotes

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Cost Quotes

“Continued focus on (employee) turnover is of critical importance, because of the direct relation of turnover to improvements in labor costs and guest satisfaction.”

Focus Cost Labor Direct Importance Relation Satisfaction Critical Improvement Employee Guests Turnover

Author:Finley Peter Dunne

“Good advertising can make people buy your product even if it sucks ... A dollar spent on brainwashing is more cost-effective than a dollar spent on product improvement.”

People Ifs Products Cost Dollars Improvement Advertising Brainwashing

Book:The Dilbert principle: a cubicle's-eye view of bosses, meetings, management fads & other workplace afflictions

Source: The Dilbert principle: a cubicle's-eye view of bosses, meetings, management fads & other workplace afflictions

“There are systems that use failure as fuel for improvement, where the cost of failure is small.”

Use Cost Improvement Fuel

Author:Nassim Nicholas Taleb

“You can think of the Health Impact Fund as a mechanism that would keep the benefits and burdens of pharmaceutical innovation for the affluent roughly as they are while massively reducing the burdens presently imposed upon the poor. This sounds like magic. But it really works because the current system is not Pareto efficient. It's a system that generates hundreds of billions of dollars in litigation costs and deadweight losses that HIF-registered medicines would sidestep. By avoiding these losses, the HIF reform can bring improvements all around - including for pharmaceutical innovators.”