A Quote by Jeffrey R. Immelt

Managing innovation better may be the only way out of the abyss called commodity hell. — © Jeffrey R. Immelt
Managing innovation better may be the only way out of the abyss called commodity hell.
Sometimes, instead of purchasing a commodity out and out, people want to buy only the use of it, for a longer or shorter period. The price paid for such temporary use is commonly called hire.
When you're in a commodity business, the only way to thrive is to be a low-cost producer. And when you're selling money, you're in a commodity business.
Deconstruction seems to offer a way out of the closure of knowledge. By inaugurating the open-ended indefiniteness of textuality-by thus 'placing in the abyss' (mettre en abime), as the French expression would literally have it-it shows us the lure of the abyss as freedom. The fall into the abyss of deconstruction inspires us with as much pleasure as fear. We are intoxicated with the prospect of never hitting bottom
The only way to escape the abyss is to look at it, gauge it, sound it out and descend into it.
Innovation usually arises from somebody taking a product already in production and making it better: better glass, better aluminum, a better chip. Innovation always starts with a product.
Innovation is not a big breakthrough invention every time. Innovation is a constant thing. But if you don't have an innovative company [team], coming to work everyday to find a better way, you don't have a company[team]. You're getting ready to die on the vine. You're always looking for the next innovation, the next niche, the next product improvement, the next service improvement. But always trying to get better.
I'm not going to Russia and tell them to go to hell and think - that's not the way things are done. You chip away at something and you hope that there will be dialogue and that the situation can get better. You don't just go in there with guns blazing and say well, to hell with you because they're going to say to hell with you and get out of the country.
There used to be a thing or a commodity we put great store by. It was called the People. Find out where the People have gone. I don't mean the square-eyed toothpaste-and-hair-dye people or the new-car-or-bust people, or the success-and-coronary people. Maybe they never existed, but if there ever were the People, that's the commodity the Declaration was talking about, and Mr. Lincoln.
Heaven and hell are not very distant, they are neighbors; only a small fence divides them. You can jump that fence, even without a gate. You go on jumping from this to that. In the morning you may be in heaven; by evening you are in hell. This moment heaven, that moment hell. It is just an attitude, just a state of your mind, just how you are feeling. Many times, in a single life, you may visit hell, and many times you may visit heaven. In a single day also.
Think of managing change as an adventure. It tests your skills and abilities. It brings forth talent that may have been dormant. Change is also a training ground for leadership. When we think of leaders, we remember times of change, innovation, and conflict. Leadership is often about shaping a new way of life. To do that, you must advance change, take risks, and accept responsibility for making change happen.
I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out.
The fire of hell is called eternal, only because it never ends. Still, there is change in the pains of the lost... Hence in hell true eternity does not exist, but rather time.
The abyss is full of reality, the abyss experiences itself, the abyss is alive.
Bury you with Satan, to hell then I bury ya. I'm like Lucifer the unforgiven, cast out of heaven, I much rather rule in hell than be a servant. A hell on earth survivor means you better be a earner.
All of us as consumers have gotten spoiled, ... We expect customized goods and services at commodity prices. The only way we can do that is to cut the fat out of our price structure.
The best taxes are such as are levied upon consumptions, especially those of luxury; because such taxes are least felt by the people. They seem, in some measure, voluntary; since a man may choose how far he will use the commodity: They naturally produce sobriety and frugality, if judiciously imposed: And being confounded with the natural price of the commodity, they are scarcely perceived by the consumers. Their only disadvantage is that they are expensive in the levying.
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