If you take from the most wealthy and give to the least wealthy, it's good. It tries to balance out.
We all need people who will give us feedback. That's how we improve.
If you give people tools, and they use their natural abilities and their curiosity, they will develop things in ways that will surprise you very much beyond what you might have expected.
You may have heard of Black Friday and Cyber Monday. There's another day you might want to know about: Giving Tuesday. The idea is pretty straightforward. On the Tuesday after Thanksgiving, shoppers take a break from their gift-buying and donate what they can to charity.
It's the knowledge derived from information that gives you a competitive edge.
I believe that with great wealth comes great responsibility, a responsibility to give back to society and a responsibility to see that those resources are put to work in the best possible way to help those most in need.
Your school may have done away with winners and losers, but life HAS NOT. In some schools they have abolished failing grades and they'll give you as MANY TIMES as you want to get the right answer. This doesn't bear the slightest resemblance to ANYTHING in real life.
Bioterrorism is like earthquakes, you should think in order of magnitudes. If you can kill 10 people that's a one, 100 people that's a two... Bioterrorism is the thing that can give you not just sixes, but sevens, eights and nines.
The competition to hire the best will increase in the years ahead. Companies that give extra flexibility to their employees will have the edge in this area.
Great organizations demand a high level of commitment by the people involved. Eliminate politics, by giving everybody the same message. Keep a flat organization in which all issues are discussed openly. Empower teams to do their own things.
Everyone knows about Black Friday and Cyber Monday. Now help me spread the word about Giving Tuesday!
Well, it's taken time to get this going, but he was right. If you give people a chance to associate themselves with a cause they care about, while buying a great product, they will. That was how the RED Campaign was born, here in Davos.
If you believe that every life has equal value, it’s revolting to learn that some lives are seen as worth saving and others are not. We said to ourselves: “This can’t be true. But if it is true, it deserves to be the priority of our giving.”
The vision is really about empowering workers, giving them all the
People who feel the world is tilted against them will spawn the kind of hatred that is very dangerous for all of us. I think it's a healthy sign that there are demonstrators in the streets. They are raising the question of 'is the rich world giving back enough?'
My experience of malaria was just taking anti-malarials, which give you strange dreams, because I don't want to get malaria.
I hope corporations will dedicate a percentage of their top innovators' time to issues that could help people left out of the global economy. This kind of contribution is even more powerful than giving cash or offering employees' time off to volunteer. It is a focused use of what your company does best. It is a great form of creative capitalism, because it takes the brainpower and makes life better for the richest, and dedicates some of it to improving the lives of everyone else.
I actually thought that it would be a little confusing during the same period of your life to be in one meeting when you're trying to make money, and then go to another meeting where you're giving it away. I mean is it gonna erode your ability, you know, to make money? Are you gonna somehow get confused about what you're trying to do?
Although I don't have a prescription for what others should do, I know I have been very fortunate and feel a responsibility to give back to society in a very significant way.
The vision is really about empowering workers giving them all the information about what’s going on so they can do a lot more than they’ve done in the past.
Employers have decided that having the breadth of knowledge that's associated with a four-year degree is often something they want to see in the people they give that job to.
It was really phenomenal [Warren Buffett donation]. It grew out of the friendship that we had and the fact that his plan to have his wife run the foundation and give things away changed when she tragically died.
Giving money effectively is almost as hard as earning it in the first place.
I think if you talk to the experts in any field where you have to take on a unknown challenge, where you're going to be working on it for a long time you'd find that to work themselves up to their best performance and really throw themselves into it, you know, spend all these hours in there and ah, give it their... give it their best that optimism plays a role.
We're very enthused about the idea that in the third trimester we actually give the mother a vaccine and her antibodies, the protective things that the immune system makes, actually pass through to the baby, both when the baby is born, and through the mother's milk. Because the baby's immune system is actually not very strong for that first few months, using the mother's immune system to do this - it's a very exciting idea and something that we're investing heavily in.
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