--- title: "Meaning & Key Takeaway of: People ask me, how is managing in the New…" description: "\"People ask me, how is managing in the New Economy different from managing in the Old Economy? Actually, it's a lot the same. It's about the financial d..." image: "https://sms4smile.com/quotes/i/1b6/meg-whitman-13170_ask-me_people-ask-me-how-is-managing-in-the-new_1082410.jpg" --- # People ask me, how is managing in the New Economy… ![“People ask me, how is managing in the New Economy different from managing in the Old Economy? Actually, it's a lot the same. It's about the financial discipline of the bottom line, understanding your customers, segmenting your customers by their needs, and building a world-class management team.” quote by Meg Whitman](https://sms4smile.com/quotes/i/1b6/meg-whitman-13170_ask-me_people-ask-me-how-is-managing-in-the-new_1082410.jpg) [Download](https://sms4smile.com/quotes/i/1b6/meg-whitman-13170_ask-me_people-ask-me-how-is-managing-in-the-new_1082410.jpg) [Open image](https://sms4smile.com/quotes/i/1b6/meg-whitman-13170_ask-me_people-ask-me-how-is-managing-in-the-new_1082410.jpg) > “People ask me, how is managing in the New Economy different from managing in the Old Economy? Actually, it's a lot the same. It's about the financial discipline of the bottom line, understanding your customers, segmenting your customers by their needs, and building a world-class management team.” [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Managing in any era requires financial discipline, customer insight, segmentation, and strong teams. **In simple terms:** Business fundamentals stay the same across economies. Key Takeaway Focus on core finance and customer needs. Themes finance customer focus leadership strategy team building Mood pragmatic focused Type advisory leadership When to use this quote - startup planning - corporate restructuring - product launch - market expansion - team hiring Key Concepts segmentation financial discipline management excellence Questions to Reflect On - How do you adapt core principles to digital disruption? - What new metrics matter most today? A Different Perspective Rapid tech change can outpace traditional strategies. ★ ★ ★ ★ ★ No ratings yet [Bottom line](https://sms4smile.com/quotes/about/bottom-line/) [Class](https://sms4smile.com/quotes/about/class/) [Company](https://sms4smile.com/quotes/about/company/) [Discipline](https://sms4smile.com/quotes/about/discipline/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economy](https://sms4smile.com/quotes/about/economy/) [Management](https://sms4smile.com/quotes/about/management/) [People](https://sms4smile.com/quotes/about/people/) [Team](https://sms4smile.com/quotes/about/team/) [Understanding](https://sms4smile.com/quotes/about/understanding/) [World](https://sms4smile.com/quotes/about/world/) ## Related quotes > [Managing risk is very different from managing strategy. Risk management focuses on the negative-threats and failures rather than opportunities and successes.](https://sms4smile.com/quotes/robert-s-kaplan/managing-risk-is-very-different-from-managing-strategy-risk/) [Robert S. Kaplan](https://sms4smile.com/quotes/author/robert-s-kaplan/) > [When you come into a creativity-driven environment, things are very different and there is the danger that a traditional managerial mind-set could even do…](https://sms4smile.com/quotes/john-kao/when-you-come-into-a-creativity-driven-environment-things-are-very/) [John Kao](https://sms4smile.com/quotes/author/john-kao/) > [Rigorous financial discipline that, together with monetary stability, ends once and for all the boom and bust that for 30 years has undermined stability](https://sms4smile.com/quotes/gordon-brown/rigorous-financial-discipline-that-together-with-monetary-stability/) [Gordon Brown](https://sms4smile.com/quotes/author/gordon-brown/) > [“If you could have a gigantic billboard anywhere with anything on it, what would it say and why? “Discipline equals freedom.” Everyone wants freedom.…](https://sms4smile.com/quotes/timothy-ferriss/if-you-could-have-a-gigantic-billboard-anywhere-with-anything-on-it-4/) [Timothy Ferriss](https://sms4smile.com/quotes/author/timothy-ferriss/) > [Is this good for English football? In the short run, Chelsea's rise has broken up what was turning into an irritating Arsenal-Manchester United duopoly.…](https://sms4smile.com/quotes/matthew-engel/is-this-good-for-english-football-in-the-short-run-chelsea-s-rise-has/) [Matthew Engel](https://sms4smile.com/quotes/author/matthew-engel/) > [Our strategic evolution has established Monsanto as the leading innovator in agricultural seeds and technology, .. The financial discipline we have exercised has also…](https://sms4smile.com/quotes/terry-crews/our-strategic-evolution-has-established-monsanto-as-the-leading/) [Terry Crews](https://sms4smile.com/quotes/author/terry-crews/) > [Before you can really start setting financial goals, you need to determine where you stand financially.](https://sms4smile.com/quotes/david-bach/before-you-can-really-start-setting-financial-goals-you-need-to/) [David Bach](https://sms4smile.com/quotes/author/david-bach/) > [Any good business person applies financial discipline to everything they do.](https://sms4smile.com/quotes/paula-wagner/any-good-business-person-applies-financial-discipline-to-everything-2/) Paula Wagner > [Any good business person applies financial discipline to everything they do. The movie business is and should be no different; I don't believe you…](https://sms4smile.com/quotes/paula-wagner/any-good-business-person-applies-financial-discipline-to-everything/) Paula Wagner > [National elections have to be fought on who can ensure better national security, who can give us a sound economic system... ensure financial discipline...…](https://sms4smile.com/quotes/amit-shah/national-elections-have-to-be-fought-on-who-can-ensure-better/) [Amit Shah](https://sms4smile.com/quotes/author/amit-shah/) > [During the Boom Years, it was so easy to lose sight of basic values. For example, there was lots of nonsense said and written…](https://sms4smile.com/quotes/rosabeth-moss-kanter/during-the-boom-years-it-was-so-easy-to-lose-sight-of-basic-values/) [Rosabeth Moss Kanter](https://sms4smile.com/quotes/author/rosabeth-moss-kanter/) > [Innovation is not the exclusive province of New Economy companies.](https://sms4smile.com/quotes/john-mckinley/innovation-is-not-the-exclusive-province-of-new-economy-companies/) [John McKinley](https://sms4smile.com/quotes/author/john-mckinley/) > [We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy…](https://sms4smile.com/quotes/alan-greenspan/we-may-be-in-a-rapidly-evolving-international-financial-system-with/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [I don't know what it means to manage the human imagination, but I do know that imagination is the main source of value in…](https://sms4smile.com/quotes/tom-peters/i-don-t-know-what-it-means-to-manage-the-human-imagination-but-i-do/) [Tom Peters](https://sms4smile.com/quotes/author/tom-peters/) > [We've reached the end of incrementalism. Only those companies that are capable of creating industry revolutions will prosper in the new economy.](https://sms4smile.com/quotes/gary-hamel/we-ve-reached-the-end-of-incrementalism-only-those-companies-that-are/) [Gary Hamel](https://sms4smile.com/quotes/author/gary-hamel/) ## More by Meg Whitman > [Because what happens is, as the economy suffers, tax revenues go down. But unlike businesses, where at least your variable costs go down, in…](https://sms4smile.com/quotes/meg-whitman/because-what-happens-is-as-the-economy-suffers-tax-revenues-go-down/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [What's sort of interesting about the whole public relations disaster that is the Net, in some ways, is that the fundamentals are really good.](https://sms4smile.com/quotes/meg-whitman/what-s-sort-of-interesting-about-the-whole-public-relations-disaster/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [When people use your brand name as a verb, that is remarkable.](https://sms4smile.com/quotes/meg-whitman/when-people-use-your-brand-name-as-a-verb-that-is-remarkable/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [A monkey could drive this train.](https://sms4smile.com/quotes/meg-whitman/a-monkey-could-drive-this-train/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [You know, I like to think that I will subscribe very much to the core Republican principles of small government. Making a small number…](https://sms4smile.com/quotes/meg-whitman/you-know-i-like-to-think-that-i-will-subscribe-very-much-to-the-core/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [Do what you love and success will follow. Passion is the fuel behind a successful career.](https://sms4smile.com/quotes/meg-whitman/do-what-you-love-and-success-will-follow-passion-is-the-fuel-behind-a/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [When a small business grows like eBay did, it has a multiplier effect. It creates other small businesses that supply it with intellectual capital,…](https://sms4smile.com/quotes/meg-whitman/when-a-small-business-grows-like-ebay-did-it-has-a-multiplier-effect/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [eBay had two main things that really spoke to me. It enabled individuals to do things that they could not have done without the…](https://sms4smile.com/quotes/meg-whitman/ebay-had-two-main-things-that-really-spoke-to-me-it-enabled/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [One good thing about California is we have quite a broad-based economy. We provide more fruits and vegetables and produce to the United States…](https://sms4smile.com/quotes/meg-whitman/one-good-thing-about-california-is-we-have-quite-a-broad-based/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [Steve Jobs was an iconic entrepreneur and businessman whose impact on technology was felt beyond Silicon Valley. He will be remembered for the innovation…](https://sms4smile.com/quotes/meg-whitman/steve-jobs-was-an-iconic-entrepreneur-and-businessman-whose-impact-on/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [Look at growth, look at how much time people spend on the Net and look at the variety of things that they are doing.…](https://sms4smile.com/quotes/meg-whitman/look-at-growth-look-at-how-much-time-people-spend-on-the-net-and-look/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [Guess what? The world changes. eBay has defined e-commerce](https://sms4smile.com/quotes/meg-whitman/guess-what-the-world-changes-ebay-has-defined-e-commerce/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [And I want to be able to - you know, make Republicans and Democrats famous for keeping jobs in California](https://sms4smile.com/quotes/meg-whitman/and-i-want-to-be-able-to-you-know-make-republicans-and-democrats/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [Many companies operate from more of a command-and-control environment - they decide what's going to happen at headquarters and have the organization execute. That…](https://sms4smile.com/quotes/meg-whitman/many-companies-operate-from-more-of-a-command-and-control-environment/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) > [It is very clear that voice communications is moving on to the Internet. In the end, the price that anyone can provide for voice…](https://sms4smile.com/quotes/meg-whitman/it-is-very-clear-that-voice-communications-is-moving-on-to-the/) [Meg Whitman](https://sms4smile.com/quotes/author/meg-whitman/) [Explore all 51 Meg Whitman quotes ](https://sms4smile.com/quotes/author/meg-whitman/) ## More Ask me quotes > [Young men, especially in America, write to me and ask me to recommend “a course of reading.” Distrust a course of reading! People who…](https://sms4smile.com/quotes/andrew-lang/young-men-especially-in-america-write-to-me-and-ask-me-to-recommend-a/) [Andrew Lang](https://sms4smile.com/quotes/author/andrew-lang/) > [I'd always have grease in at least two places, in case the umpires would ask me to wipe one off. I never wanted to…](https://sms4smile.com/quotes/gaylord-perry/i-d-always-have-grease-in-at-least-two-places-in-case-the-umpires/) [Gaylord Perry](https://sms4smile.com/quotes/author/gaylord-perry/) > [I don't wear a watch because I want my arms to weigh the same. So if somebody asks me what time it is, I…](https://sms4smile.com/quotes/mitch-hedberg/i-don-t-wear-a-watch-because-i-want-my-arms-to-weigh-the-same-so-if/) [Mitch Hedberg](https://sms4smile.com/quotes/author/mitch-hedberg/) > [I am a practicing Catholic, but my lineage is Jewish, so if someone asks me if I'm Jewish, I say yes.](https://sms4smile.com/quotes/neve-campbell/i-am-a-practicing-catholic-but-my-lineage-is-jewish-so-if-someone/) [Neve Campbell](https://sms4smile.com/quotes/author/neve-campbell/) > [Why did Erich von Stronheim leave Germany? Why did Hitchcock leave England? If you were a director you'd like to work in Hollywood too.…](https://sms4smile.com/quotes/roman-polanski/why-did-erich-von-stronheim-leave-germany-why-did-hitchcock-leave/) [Roman Polanski](https://sms4smile.com/quotes/author/roman-polanski/) > [I am a conservative type of person, so sometimes when I'm chilling with myself, people always come ask me, 'What's wrong with you? What…](https://sms4smile.com/quotes/wayne-wonder/i-am-a-conservative-type-of-person-so-sometimes-when-i-m-chilling/) [Wayne Wonder](https://sms4smile.com/quotes/author/wayne-wonder/) > [I have no hesitation in saying that although the American woman never leaves her domestic sphere and is in some respects very dependent within…](https://sms4smile.com/quotes/alexis-de-tocqueville/i-have-no-hesitation-in-saying-that-although-the-american-woman-never/) [Alexis de Tocqueville](https://sms4smile.com/quotes/author/alexis-de-tocqueville/) > [My identity shifted when I got into # recovery . That's who I am now, and it actually gives me greater pleasure to have…](https://sms4smile.com/quotes/eric-clapton/my-identity-shifted-when-i-got-into-recovery-that-s-who-i-am-now-and/) [Eric Clapton](https://sms4smile.com/quotes/author/eric-clapton/) > [If you ask me to tell you anything about the nature of what lies beyond the phaneron… my answer is “How should I know?”……](https://sms4smile.com/quotes/martin-gardner/if-you-ask-me-to-tell-you-anything-about-the-nature-of-what-lies/) [Martin Gardner](https://sms4smile.com/quotes/author/martin-gardner/) > [When a young artist asks me a question, I want to do what I can to give them an answer if I have it…](https://sms4smile.com/quotes/michael-tait/when-a-young-artist-asks-me-a-question-i-want-to-do-what-i-can-to/) [Michael Tait](https://sms4smile.com/quotes/author/michael-tait/) > [I've never asked a girl out in my life, they have to ask me.](https://sms4smile.com/quotes/michael-jackson/i-ve-never-asked-a-girl-out-in-my-life-they-have-to-ask-me/) [Michael Jackson](https://sms4smile.com/quotes/author/michael-jackson/) > [I would do almost anything Tina Fey asks me to do.](https://sms4smile.com/quotes/nancy-pelosi/i-would-do-almost-anything-tina-fey-asks-me-to-do/) [Nancy Pelosi](https://sms4smile.com/quotes/author/nancy-pelosi/) > [Space Jam is my favorite movie. Don't ask me why, it just is.](https://sms4smile.com/quotes/thom-yorke/space-jam-is-my-favorite-movie-don-t-ask-me-why-it-just-is/) [Thom Yorke](https://sms4smile.com/quotes/author/thom-yorke/) > [If I had lost a leg, I would tell them, instead of a boy, no one would ever ask me if I was 'over…](https://sms4smile.com/quotes/elizabeth-edwards/if-i-had-lost-a-leg-i-would-tell-them-instead-of-a-boy-no-one-would/) [Elizabeth Edwards](https://sms4smile.com/quotes/author/elizabeth-edwards/) > [It is very hard to tell when I started to be a spiritual teacher. There was a time when occasionally somebody would come and…](https://sms4smile.com/quotes/eckhart-tolle/it-is-very-hard-to-tell-when-i-started-to-be-a-spiritual-teacher/) [Eckhart Tolle](https://sms4smile.com/quotes/author/eckhart-tolle/) Browse all 1,282 Ask me quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "People ask me, how is managing in the New Economy different from managing in the Old Economy? Actually, it's a lot the same. 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