W. Chan Kim Quotes
Best Blue Ocean Strategy Quotes by W. Chan Kim
Blue Ocean Strategy Quotes
“Disengaged employees are an unfortunate reality in the workplace, and poor leadership is often to blame.”
“Salespeople on commission, for example, are seldom sensitive to the costs of the sales they produce.”
“The cost and risk of developing an innovative idea are borne by the initiator, not the follower.”
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“In 1998, it was undeniable that the stock market boom was closely tied to the Fed’s policies. In July, Greenspan warned that stock prices might be unsustainably high, which made traders panic at the thought that the Fed would raise rates and tighten the money supply.
Between July and August, stock market prices fell by about 18 percent. In response, the Fed cut rates again from 5.5 percent to about 4.8 percent in just a couple of months. The stock market bounced back.”
