A Quote by Charles Koch
What we need to work on is how to increase productivity. And then everybody will be better off.
Related Quotes
The only way to create prosperity is to do more with less. In economic terms, an increase in productivity is an increase in the amount or quality of output generated for each unit of input. Jobs do not make society wealthier - productivity does.
If you don't understand how to run an efficient operation, new machinery will just give you new problems of operation and maintenance. The sure way to increase productivity is to better administrate man and machine.
The way to improve productivity is not to bring in experts to talk about inputs - seed, equipment and materials, pesticides or water supply. The way to start is to provide an assured market, a fair price, and a system through which rural producers can market their produce which is reasonably efficient and can transfer to them the maximum share of the consumers' money. If such a structure is erected, the producers will then seek the inputs and materials they need to increase their production and productivity.
The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER.
War is, at first, the hope that one will be better off; next, the expectation that the other fellow will be worse off; then, the satisfaction that he isn't any better off; and, finally, the surprise at everyone's being worse off.
The world would be better off
if people tried to become better.
And people would become better
if they stopped trying to become better off.
For when everybody tries to become
better off,
nobody is better off.
But when everybody tries to become better,
everybody is better off.
The best answer and the best way forward to young women out there who want to get ahead is work your tail off. Work harder than everybody. Be better than everybody else. Do better. Try harder.
Bring on those tired, labor-plagued, competition-weary companies and ESOP will breathe new life into them. They will find ESOP better than Geritol. It will revitalize what is wrong with capitalism. It will increase productivity. It will improve labor relations. It will promote economic justice. It will save the economic system. It will make our form of government and our concept of freedom prevail over those who don't agree with us.
I have slight attention-span issues, so I will often wander off, and then I will be alerted - in inverted commas - when the smoke alarm goes off. So that's how I work out if a bake is finished.
You wouldn't want to underestimate the perfidy of the government. I have no doubt that the government will need to increase revenues substantially to avoid default on either debt or social welfare promises. How they will increase those revenues, I can't predict.
By starting to pay attention to our natural soundscapes, businesses can reduce staff turnover, increase productivity, and increase profits.
When you increase productivity, economies become better - local economies become better, society becomes better.
I have always said to workers that they have to work hard, to produce more and better. In Chile, we need to achieve an average annual income of US$2,000, and to do that we need to increase production.
Good wages are pro business, since they reduce turnover, increase morale, produce better-skilled employees, and improve productivity.
If you have a rigidly controlled economy, cut off from the rest of the world by infinite protection, nobody has any incentive to increase productivity and to bring new ideas.
One thing I did inject was a different work ethic: Guys, no, we don't rehearse once or twice a month, we rehearse every day after work and on weekends, and that's how we're gonna get better. And everybody adopted that work ethic, and it did pay off.
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