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. Whatâ€™s reinvigorating this company is two things: One, thereâ€™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 theyâ€™re not losers. What they didnâ€™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 isnâ€™t that too many people are starting companies; itâ€™s that too many people arenâ€™t sticking with it. Thatâ€™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. Thatâ€™s when you find out who you are and what your values are.”
Really, the whole collection is worth a read.