Best Quote by Judith McKenna
“You don't try to have the very lowest cost of an asset. You try to have the right asset. So rather than thinking about the lowest cost, the question is how do you get the best productivity.”
About This Quote
Focus on acquiring assets that maximize productivity rather than merely minimizing cost.
In simple terms: Seek productive assets, not just cheap ones.
Key Takeaway
Prioritize value over price.
Themes
business strategy
productivity
investment
Mood
analytical
pragmatic
Type
business
When to use this quote
- budget planning
- technology upgrades
- process improvement
Key Concepts
cost-benefit analysis
resource optimization
Questions to Reflect On
- How do you assess asset productivity?
- What metrics guide your decisions?
A Different Perspective
Low-cost options may lack quality or scalability.
