"Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss"
About this Quote
The subtext is classic Iacocca-era corporate America: the CEO as mechanic, not poet. Coming out of Detroit’s midcentury churn and later Chrysler’s near-collapse and turnaround, he’s arguing against two tempting myths: that culture is vibes, and that turnaround success is a singular act of genius. He’s also quietly demoting charisma. If you “lay out the rules” and “reward,” you don’t need to beg for loyalty; you’ve built an incentive system that makes good behavior rational.
The most revealing phrase is “you can’t miss.” It’s salesman confidence with a managerial alibi. Of course you can miss; markets shift, competitors bite, products flop. But the absolutism is strategic: it reframes leadership as controllable, repeatable, teachable. In a business climate that worships disruption, Iacocca is selling something almost radical now: consistency. Not a vision board, a contract between company and worker that says clarity and reciprocity beat grand speeches.
Quote Details
| Topic | Management |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Iacocca, Lee. (2026, January 18). Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss. FixQuotes. https://fixquotes.com/quotes/start-with-good-people-lay-out-the-rules-15816/
Chicago Style
Iacocca, Lee. "Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss." FixQuotes. January 18, 2026. https://fixquotes.com/quotes/start-with-good-people-lay-out-the-rules-15816/.
MLA Style (9th ed.)
"Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss." FixQuotes, 18 Jan. 2026, https://fixquotes.com/quotes/start-with-good-people-lay-out-the-rules-15816/. Accessed 12 Feb. 2026.








