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Bad news isn't wine. It doesn't improve with age.
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Innovation has nothing to do with how many R&D dollars you have. When Apple came up with the Mac, IBM was spending at least 100 times more on R&D. It's not about money. It's about the people you have, how you're led, and how much you get it.
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The key factor you can use to make employees miserable on the job is to simply keep them from making progress in meaningful work.
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