Personally, I am not fond of Apple products, but I can not help but admire Steve Jobs. I am enjoying a compendium of Steve Jobs quotes from the Wall Street Journal. This one hits close to home:
“The cure for Apple is not cost-cutting. The cure for Apple is to innovate its way out of its current predicament.”
I work for an Information Technology bellwether, which is both highly profitable and obsessive over maintaining its profit margins. Costs must always be contained. While we have a variety of interesting technology we are working to develop, we are presently completing our latest round of workforce reductions. I wish our leadership could be a little more like Steve Jobs:
“This is not a one-man show. What’s reinvigorating this company is two things: One, there’s a lot of really talented people in this company who listened to the world tell them they were losers for a couple of years, and some of them were on the verge of starting to believe it themselves. But they’re not losers. What they didn’t have was a good set of coaches, a good plan. A good senior management team. But they have that now.”
You know what John Chambers might say to that?
“The problem with the Internet startup craze isn’t that too many people are starting companies; it’s that too many people aren’t sticking with it. That’s somewhat understandable, because there are many moments that are filled with despair and agony, when you have to fire people and cancel things and deal with very difficult situations. That’s when you find out who you are and what your values are.”
Really, the whole collection is worth a read.