If you deprive yourself of outsourcing and your competitors do not, you’re putting yourself out of business.
Meaning of the quote
If you don't use outsourcing but your competitors do, you'll end up going out of business. This is because your competitors will be able to produce their products or services more efficiently and cheaply, making it harder for you to compete. Outsourcing allows businesses to focus on their core strengths and reduce costs, which can be a key to success.
About Lee Kuan Yew
Lee Kuan Yew was the founding father of modern Singapore, transforming it into a highly developed country during his 31-year tenure as prime minister. He co-founded the People’s Action Party, led Singapore’s merger with Malaysia, and oversaw the country’s economic and social development through his authoritarian yet pragmatic style of governance.
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More quotes from Lee Kuan Yew
Well if done a lot of hard work to try and get people to act rationally, the fact that weve had 15 deviant Muslims, plus 5 or 8 others that got away does not mean that all Muslims are deviant or extremists.
1st Prime Minister of Singapore (1923-2015)
The big nest was in Afghanistan, thats not quite cleared, then there are nests in the Philippines, there are nests in Indonesia, the Malaysians are clearing up their nests.
1st Prime Minister of Singapore (1923-2015)
If you deprive yourself of outsourcing and your competitors do not, you’re putting yourself out of business.
1st Prime Minister of Singapore (1923-2015)
Of-course we did, but we didn’t reply because we knew once this leaks the others will scatter, so in the few days we moved quickly before the press got hold of it. The press did get hold of it a few days later, we nabbed, we were able to get 15, the others got away.
1st Prime Minister of Singapore (1923-2015)
I was a product of the times, the war, the occupation, the reoccupation, my 4 years in Britain, admiring but at the same time questioning whether they are able to do a better job than we can.
1st Prime Minister of Singapore (1923-2015)
I knew that my niece was working nearby with some bank, so my wife rang up the mother and the mother called back to say that shes just called up to say she was alright.
1st Prime Minister of Singapore (1923-2015)