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Letter "A" » Anne Mulcahy Quotes
«Though disappointing, these results reflect the difficulties found in our visits and reviews of operations around the world over the last two months. There is no doubt that the time required for recovery is longer than previously anticipated. Stabilizing the situation has been our focus and much progress has been made, but achieving renewed growth will take more time.»
«We are aggressively implementing our cost-reduction plans, which will yield more than $1 billion in savings by the end of 2001, ... Since the third quarter of 2000, we have taken actions that account for more than one-third of this target, including the reduction of approximately 2,000 jobs worldwide in the fourth quarter. This activity will intensify with the reduction of 4,000 jobs in the first quarter and additional reductions through the balance of the year.»
«we are committed to returning to profitability in the fourth quarter and building on that positive momentum into 2002.»
«by our first-quarter progress, and believe that we have clearly set the stage for a return to full-year operational profitability.»
«There's a will to ensure that our company not only survives but has an opportunity to become great again,»
«He doesn't get lost in theory. He's action oriented. He pulls a problem apart piece by piece and is bold with his decisions. And when you're in trouble, the worst path is indecision.»
«You find the right mix [of products and services] by being responsive to your customers.»
«It keeps us in touch with the real world. It grounds us. It permeates all of our decision making.»
«Our strategy is rock solid, ... That won't change. What will change is our implementation. Execution will be every bit as strong as our strategy.»
«Businesses need to be 24/7, ... Individuals don't.»