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I've not seen an effective manager or leader who can't spend some fraction of time down in the trenches... If they don't do that they get out of touch with reality, and their whole thought and management process becomes abstract and disconnected.

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In 2006, Yahoo wanted to buy the company for a billion dollars and everyone on our management team wanted to sell it and the board tried to fire me and basically in the next year, everyone else on the management team left because I hadn't done a good job communicating. I don't want to blame them. I hadn't done a good job communicating the long-term vision because I didn't, I wasn't thinking about that at the time.

In every age there comes a time when a leader must come forward to meet the needs of the hour. Therefore, there is no potential leader who does not have the opportunity to make a positive difference in society.

I try to spend my time on areas that I think are important for the future, and where I think I can add value.

A leader or a man of action in a crisis almost always acts subconsciously and then thinks of the reasons for his action.

The question I ask myself like almost every day is: 'Am I doing the most important thing I could be doing?' Unless I feel like I'm working on the most important problem that I can help with, then I'm not going to feel good about how I'm spending my time. And that's what this company is.

The difference between mere management and leadership is communication.