On Thursday, Dec. 4, Andrew Liveris, CEO of Dow Chemical, flew in from Washington, after meeting with President Obama and other members of the U.S. Business Council, to open Chief Executive Group’s 2014 CEO2CEO Summit at the New York Stock Exchange.
As the keynote speaker, he had some very insightful things to say to our mid-market CEO audience. Here is a round-up of his comments:
“We are traveling at the speed of ‘live’.” Companies must be flexible enough and open-minded enough to keep up.
“If you don’t protect your future earnings, there will be no future. We’re ‘short-term’ to a fault in this country. My advice: Go private.”
“The common denominator [to success] is always the people quality.”
“High school diplomas for assembly lines are so yesterday.”
“If you can’t innovate faster than [your competitors] are commoditizing your products, you’ll get run over…. Manufacturing is an innovation-centric activity.”
“Productivity is great, but it kills innovation.”