"You can't manage what you can't measure."
Vince Cable's quote "You can't manage what you can't measure" highlights the importance of quantifiable data for effective management and decision-making. It suggests that one cannot improve or control something if there is no means to track its performance and progress, thus emphasizing the crucial role of measurement in problem-solving, planning, and achieving desired outcomes.
"Business is about taking risks and making decisions under uncertainty."
This quote by Vince Cable encapsulates the essence of entrepreneurship and business management, emphasizing the inherent risk-taking nature of these fields. It suggests that success in business often stems from the ability to make informed decisions despite the lack of certainty or predictability inherent in any given situation. This understanding underscores the importance of adaptability, resilience, and calculated risk-taking as key attributes for business leaders who aim to navigate the ever-changing economic landscape successfully.
"The problem with politicians is that they will do anything to get elected, then once they are in power, they discover that the public won't let them get away with it."
This quote by Vince Cable suggests a cynical view of politics, implying that politicians may resort to deceptive or unscrupulous tactics to secure votes, but ultimately discover that their constituents hold them accountable for their actions once in power. The quote highlights the perceived disconnect between election promises and the subsequent exercise of power, suggesting that public scrutiny can serve as a check on political excesses.
"Economic growth is not an end in itself, but a means to improve our quality of life."
Vince Cable's statement emphasizes that economic growth serves as a tool for enhancing human well-being and improving the overall quality of life, rather than being an objective in its own right. It suggests that monetary expansion should be aimed at creating sustainable social development, reducing poverty, increasing access to essential services, fostering education and healthcare, and promoting environmental protection - all factors that contribute to a higher standard of living for individuals and society as a whole. This perspective underscores the importance of balanced economic growth, one that takes into account both quantitative (such as GDP) and qualitative indicators (like happiness, health, and education) to ensure long-term prosperity and a high quality of life.
"The only people who get rich from crises are those who predict and sell insurance against them."
This quote by Vince Cable suggests that individuals or entities who profit during a crisis are primarily those who have the foresight to anticipate such events and offer protection (insurance) against their potential impact. In other words, they thrive by creating products or services that help others mitigate risks in uncertain times. This statement underscores the importance of prediction, planning, and preparedness during challenging economic periods.
I have managed to infuriate the bank bosses; acquire a fatwa from the revolutionary guards of the trades union movement; frighten the 'Daily Telegraph' with a progressive graduate payment; and upset very rich people who are trying to dodge British taxes. I must be doing something right.
- Vince Cable
We've got to get back on track to working with them. Because if I and my colleagues are going to continue to attract inward investment from overseas - you know particularly from the big Asian countries - they see Britain as a gateway to Europe. They don't want any doubts cast upon that.
- Vince Cable
My job is to support businesses, that means promoting British commerce in the big emerging markets that have been neglected in the past. It means keeping Britain open to inward investors, trade and skilled workers. It means cutting red tape which is suffocating growing companies which create jobs.
- Vince Cable
The food in the House of Commons is fairly good. The cafe in Portcullis House is really very high quality, and you also have a choice of eating in the more traditional restaurants, the Churchill Room or the Members' Dining Room. I don't often eat in them, though, as I'm usually on the run.
- Vince Cable
Banks operate like a man who either wears his trousers round his chest, stifling breathing, as now, or round his ankles, exposing his assets. We want their trousers tied round their middle: steady lending growth; particularly to productive British business, especially small scale enterprise.
- Vince Cable
Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences.
- Vince Cable
No, and in fact I get a bit frustrated, because I'm actually quite good at one-liners, and I've had hundreds of them over the years, and they sink without trace, and I get very frustrated. Every party conference I really work on the speeches, and I always have two or three things I'm quite proud of, and no one ever remembers them.
- Vince Cable
I think what is happening is I think first of all there is confidence in the U.K. economy. We're in a German rather than a Greek position in international financial markets, which is very positive and keeps our debt service costs down, and we're also beginning to see real evidence of rebalancing.
- Vince Cable
On banks, I make no apology for attacking spivs and gamblers who did more harm to the British economy than Bob Crow could achieve in his wildest Trotskyite fantasies, while paying themselves outrageous bonuses underwritten by the taxpayer. There is much public anger about banks and it is well deserved.
- Vince Cable
My late wife Olympia was Goan and I've been to India many times. I love the food there. We used to do our shopping in Southall, where you can find cheap but wonderful fruit like mangoes, vegetables and spices. I didn't do much of the cooking, as Olympia did a lot - I was the under-chef and did some of the chopping.
- Vince Cable
Well, as I said, you know the issue of Greek debt, they've grasped the principle of debt reduction. I think most people would argue that probably more needs to be done on that front, and they've just begun to take the first steps to accepting that there's going to have to be much closer economic integration in Europe.
- Vince Cable
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