"Smart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market"
- Janet Napolitano
About this Quote
This quote by Janet Napolitano suggests that organizations need to no longer focus solely on labor expenses when making choices. Rather, they must think about a variety of aspects, such as market gain access to, transportation, telecom infrastructure, the education and ability level of the workforce, the advancement of capital, and the regulatory market. By taking these aspects into account, businesses can make more informed decisions that will help them prosper in the long run. This quote highlights the importance of looking beyond labor expenses and considering the more comprehensive context of the business environment. By doing so, organizations can ensure that they are making the best choices for their future success.
"I spent three days a week for 10 years educating myself in the public library, and it's better than college. People should educate themselves - you can get a complete education for no money. At the end of 10 years, I had read every book in the library and I'd written a thousand stories"
