MBAs know everything but understand nothing.
More Quotes from Lee Iacocca:
People want economy and they will pay any price to get it.Lee Iacocca
If I had to sum up in a word what makes a good manager, I'd say decisiveness. You can use the fanciest computers to gather the numbers, but in the end you have to set a timetable and act.
Lee Iacocca
There is no substitute for accurate knowledge. Know yourself, know your business, know your men.
Lee Iacocca
You've got to say, ''I think that if I keep working at this and want it badly enough I can have it.'' It's called perseverance.
Lee Iacocca
I forgot to shake hands and be friendly. It was an important lesson about leadership.
Lee Iacocca
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I love Costas. He's knows too much, but he's a good guy.
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Reality only reveals itself when it is illuminated by a ray of poetry.
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