"When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact"
- Warren Buffett
About this Quote
This quote by Warren Buffett is a tip that reputation is an important consider company. It recommends that even when a management team with a good track record handles a company with a bad credibility, the bad reputation of the business will remain intact. This indicates that it is difficult to alter the general public perception of an organization, even when a highly proficient management team supervises. It likewise suggests that companies should take care to keep a great reputation, as it can be tough to change it once it has been developed. Eventually, this quote acts as a tip that credibility is an essential factor in organization and should be taken seriously.
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