Walter Wriston
Walter Wriston
Walter Bigelow Wristonwas a banker and former chairman and CEO of Citicorp. As chief executive of Citibank / Citicorpfrom 1967 to 1984, Wriston was widely regarded as the single most influential commercial banker of his time. During his tenure as CEO, the bank introduced, among other innovations, automated teller machines, interstate banking, the negotiable certificate of deposit, and "pursued the credit card business in a way that no other bank was doing at the time". With then New York Governor...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth3 August 1919
CountryUnited States of America
Walter Wriston quotes about
The person who figures out how to harness the collective genius of his or her organization is going to blow the competition away.
Human capital will go where it is wanted, and it will stay where it is well treated. It cannot be driven; it can only be attracted.
All of life is the management of risk, not its elimination.
Capital will always go where it’s welcome and stay where it’s well treated. Capital is not just money. It’s also talent and ideas. They, too, will go where they’re welcome and stay where they are well treated.
Many organizations are now trying to walk under the banner of The Learning Organization, realizing that knowledge is our most important product ... But the only place that I've seen it is in the Army. As one colonel said, "We realized a while ago that it's better to learn than be dead."
The guy with the competitive advantage is the one with the best technology.
Capital goes to where it can escape taxation and be used to pay employees in sacks of rice.
Banking is a branch of the information business.
When you retire you go from Who's Who to Who's That?
Failure is not a crime. Failure to learn from failure is.
Rising prices or wages do not cause inflation; they only report it. They represent an essential form of economic speech, sincemoney isjust another form of information.