20 ordspråk av Charles Holliday

Charles Holliday

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Recent movements in long-leading economic indicators and in raw material prices offer hope that an end to the spreading global downturn is in sight, ... Despite that, we continue to take actions necessary to emerge from these difficult times as a much stronger company.

This is very early in this industry, ... It's like that first telephone call -- try to imagine the cell phones (of) today. We don't know exactly how it will play out, but we know the technology is powerful.

Taking actions that result in people losing their jobs is the hardest decision we as leaders will ever have to make, ... these actions will enable us to more rapidly achieve our goal of sustainable growth.

Our earnings this quarter are unacceptable and I have begun putting in place specific actions to improve second-half performance.

Ultimately, it will be higher prices for the consumer.

It's a great time to reinvest in our company, ... This action is yet another reflection of our commitment to enhance shareholder value.

The global economic slowdown that has forced U.S. manufacturing capacity utilization to levels equal to the 1982 recession is now expanding to Europe, South America, and parts of Asia, ... Demand is correspondingly weak across all markets, and our customers have continued to draw down existing inventories or delay purchasing until conditions improve.

Industries important to many of our customers -- electronics, automotive, textiles and chemicals -- have been particularly affected by the economic downturn, ... This has temporarily reduced fundamental demand for our products.

Ed Jefferson exemplified the importance our company places on science. His leadership and insights throughout his career at DuPont helped shape the direction our company is taking today.

This transformation plan is designed not only to improve the short-term health of these businesses but also to ensure a future of sustainable, profitable growth.

Our thrust is to keep bringing out new products,

Most of our businesses performed exceptionally well in spite of higher raw material costs and weak European currencies, with 11 of 18 strategic business units delivering double digit earnings growth,

A company can operate successfully for 200 years only by continually reinventing itself,

Our view of the global economy suggests several more quarters of low volume growth and continued price pressure, ... Lower raw material costs and more favorable currency comparison. combined with results from our productivity focus should all contribute to our ability to weather this cycle more favorably than in the past.

The pervasive impact of e-commerce dominates the discussion,

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