American - Businesswoman | 1957 -
Unless you stay focused on innovation, you can be disintermediated.
Ruth Porat
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The most valuable thing you can have as a leader is clear data.
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It's been invigorating being back on the West Coast, being at Alphabet, because there is so much innovation. And the big challenge is, how do you think about resource allocation and priorities when you have so many great options? But wearing jeans instead of suits and popping into driverless cars has also been a lot of fun.
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I view investors as our partners and stakeholders in the company. They are trying to build financial models. What I try to focus on is helping them understand how we think.
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If you don't have ample liquidity, and it's not durable, in times of stress, as you're looking for liquidity, you're forced to sell assets at declining prices, which then eats into your capital position, so it becomes this very, very negative cycle. There's no question that liquidity is sacrosanct.
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The cloud is one of the most extraordinary opportunities of our lifetime. If we're not investing now, we'll rue the day we didn't.
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Liquidity is oxygen for a financial system.
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I hate the term 'work-life balance.' I think it's a setup, and it's trap for all of us.
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Women are still not reaching the most senior levels of corporations. This is not the shortcoming of women. We're talented and smart.
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One of the biggest problems women have is they work really hard and put their heads down and assume hard work gets noticed. And hard work for the wrong boss does not get noticed. Hard work for the wrong boss results in one thing - that boss looks terrific, and you get stuck.
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I have seen too many people in my career think that there is some natural progression to life, with certain career milestones preceding whatever you may want in your personal life. Unfortunately, life doesn't know it is supposed to follow a schedule.
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Culture is more important than rules and regulations.
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