Business Quotes
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I do think there are some irreducible inefficiencies in government. But we still need to have government; we still need to make government effective if we can.
Quote by -Reid Hoffman
One of the things that happens that's challenging within the democratic process is that people say, 'Look at this failure, so we should totally change this whole thing.' And then you add in tons of bureaucratic process and checks and balances, and all of a sudden, it doesn't work that well.
Quote by -Reid Hoffman
Silicon Valley tends to be very myopic - to be focused on one or two things - which has some strengths as well as weaknesses.
Quote by -Reid Hoffman
Simply writing a Ph.D. or academic book was unlikely to play much of a role in helping shape people's lives as I wanted.
Quote by -Reid Hoffman
Our polling methodology has gotten outdated, and, in fact, it's not really telling us what it needs to be telling us.
Quote by -Reid Hoffman
We need to invest in technologies that amplify human capacity, not replace it.
Quote by -Reid Hoffman
In the past, individuals and companies envisioned a lifetime mutual commitment. That's not realistic anymore - nor is it in the interest of either party. So both parties need a more adaptable way to engage each other and co-invest over shorter periods of time for mutual benefit.
Quote by -Reid Hoffman
Many employer-employee relationships are built on a lie that starts from the first interaction: neither party automatically conceives of the relationship as something that will last a lifetime, but both interact as if it is. This lie of omission bases the relationship on distrust.
Quote by -Reid Hoffman
The dominant advertising advantage of Clinton, with spending of 10 to 1 over Trump, reinforced the perception that she was trying to buy, rather than earn, votes.
Quote by -Richard Edelman
Institutions are better served by going direct to end users, establishing a channel for direct dialogue and feedback. It is a world of many to one, not one to many.
Quote by -Richard Edelman
Edelman maintains a very conservative balance sheet. We do small acquisitions. This helps me sleep well at night.
Quote by -Richard Edelman
I went to every sports contest for my kids. I turned off my cell phone at 8 P.M. I did have to travel relentlessly and had some nights at black tie events. But when I was home, I was home.
Quote by -Richard Edelman
The separation of audience into tribes preferring to reinforce their own views with media of similar ideological stripe makes true debate impossible.
Quote by -Richard Edelman
We have witnessed a stunning reversal of power between mainstream and social media: The ability to go direct to end users of information through social channels radically disrupted the mainstream news agenda.
Quote by -Richard Edelman
Companies should take advantage of social media's power to connect, but honor the continued role of media in shaping opinion.
Quote by -Richard Edelman
Great women, in partnership with great men, will continue to take us forward.
Quote by -Richard Edelman
We have moved beyond the point of trust being simply a key factor in product purchase or selection of employment opportunity; it is now the deciding factor in whether a society can function.
Quote by -Richard Edelman
The lack of societal and institutional safeguards provides fertile ground for populist movements fueled by fear.
Quote by -Richard Edelman
Technology has allowed the creation of media echo chambers, so that a person can reinforce, rather than debate, viewpoints.
Quote by -Richard Edelman
In a world of dispersed authority, the battle for the truth will be won or lost with the employees.
Quote by -Richard Edelman
People go to work at Wall Street firms to make a lot of money. They may not love what they are doing, but the punishing hours and travel are incredibly well-compensated. By contrast, the engineers at technology firms do believe that they can change how we all live.
Quote by -Richard Edelman
The best tech companies are led by founders with entrepreneurial zeal and strong egos. They consistently deliver what we want and what we need, at prices that decrease over time. The Wall Street firm is a long-standing institution with a more established hierarchy.
Quote by -Richard Edelman
The tech industry should make bold commitments to address pressing societal issues.
Quote by -Richard Edelman
Money is flowing out of traditional advertising into experiential, social, and sports.
Quote by -Richard Edelman
It may be fine for an artist to be indifferent to the reaction of the viewer to a work of art. A vigorous debate on issues is also beneficial. But the dark vision of a world without truth cannot be our future.
Quote by -Richard Edelman
Edelman diversified into public affairs in the late '60s with important programs for the Concorde SST, gaining landing rights at JFK Airport in New York, and in the late '70s generating public approval for the building of the very stark Vietnam Veterans War Memorial in Washington, D.C., from a design by the very young architect Maya Lin.
Quote by -Richard Edelman
In 1997, my father appointed me CEO but acted as player-coach, keeping busy on long-term clients such as KFC and international travel brands.
Quote by -Richard Edelman
My father and I talked every day. He coached me on how to cold-call companies I wanted in our portfolio, how to network at public events, to cultivate senior journalists at important outlets, and how to run a profitable P&L. But, more or less, he allowed me to make my own mistakes.
Quote by -Richard Edelman
Have very frequent talks with employees because they are your best allies.
Quote by -Richard Edelman
The number one way to get trust back is to pay your employees well and get them to speak well about the company.
Quote by -Richard Edelman
Social lets consumers talk about the products. You may pay your way onto the Facebook feed, but after that, it's conversations by the users. That's not sufficient because it leaves out what is possible for employees to talk, for R&D to talk, or the CEO to talk.
Quote by -Richard Edelman
We like being private because when there is a downturn, as in 2001 and 2008, we do not reduce people. Also, we have flat decision-making. It's quick. We don't have to meet quarterly numbers, and it's all about excellence of work for the client.
Quote by -Richard Edelman
The world has flipped upside-down. It used to be a pyramid of authority; now it's upside down. The influence actually rests with the mid-level people, who speak peer-to-peer. If they're for you, you win.
Quote by -Richard Edelman
When we were doing the launch of Kinect for Xbox, it was very much about getting sort of young blogger-influencer types to try this thing well in advance - a year before launch.
Quote by -Richard Edelman
Corporate blogging strategy requires some specialist insight in order to understand tone, the definition of micro-niche leaders, and subjects to cover.
Quote by -Richard Edelman
Advertising has always been the 'head boy' of the communications industry, but not anymore. Now the rest - creative, digital, and media - is just as important.
Quote by -Richard Edelman
I think PR people are caught in this mindset of 'control of the message.' There's a lot more freedom if you give up control. If you allow people to say things that are genuine and admit mistakes and get on.
Quote by -Richard Edelman
I love what I do. I really do. I don't find myself administering. I just like to work on clients.
Quote by -Richard Edelman
In many cases, companies use the crisis moments to pivot to do better. We like to be part of that.
Quote by -Richard Edelman
I had a job lined up as an assistant brand manager at Playtex, at age 23, all lined up. But my father had an offer to be acquired by DDB in 1978. He said, 'I'd really like you to come into the business for a year.'
Quote by -Richard Edelman