[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fl7mjo2_Rjv5bgl4pXClnluzsAz7SLDrBbrexUSJgDHk":3,"$fOSv8UbBpGzBw6LcyR-ZSV-lqvQNZVByLahdtSApnX8w":12},{"author":4,"tags":11},{"author_id":5,"author_name":6,"author_name_first_letter":7,"article_count":8,"bio":9,"short_bio":9,"slug":10,"image_url":9},197294,"Walter Wriston","W",37,null,"walter-wriston",[],{"quotes":13,"pagination":108},[14,22,29,35,41,53,64,75,86,97],{"id":15,"quote_text":16,"author_id":5,"source_id":17,"has_image":18,"author":19,"source":20,"quote_tag":21,"commentary":9},3503360,"The greatest testimony to the human spirit that I’m witnessing now is the fact that people still come back to work, after all that has been done to them. They are still willing to participate for a more positive future if they would be sincerely invited.",6,false,{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":23,"quote_text":24,"author_id":5,"source_id":17,"has_image":18,"author":25,"source":26,"quote_tag":27,"commentary":28},3503346,"Every line in the government’s budget has its own constituency.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],"**The Backstory**\nWalter Wriston, the former CEO of Citibank, coined this phrase in the context of the 1970s, a time of significant budgetary constraints and fiscal crises in the United States. As the nation struggled with stagflation, high inflation, and rising unemployment, Wriston's statement highlights the complexities of budget-making and the political dynamics that shape fiscal policy. His words reflect the challenges of balancing competing interests and pressures from various constituencies.\n\n**The Hidden Insight**\nAt first glance, Wriston's statement seems to lament the complexity of budget-making. However, upon closer examination, it reveals a deeper insight into the nature of power and influence. The phrase suggests that every line in the budget has its own entrenched interest group, implying that even seemingly minor items can have significant political backing. This paradox highlights the tension between the need for fiscal responsibility and the reality of political compromise.\n\n**How to Use This**\nIn today's fast-paced professional environment, this insight can be applied by recognizing that even small, seemingly insignificant decisions can have far-reaching consequences and attract powerful constituencies. By anticipating and addressing these potential interests, professionals can navigate complex decision-making processes with greater ease and effectiveness.",{"id":30,"quote_text":31,"author_id":5,"source_id":17,"has_image":18,"author":32,"source":33,"quote_tag":34,"commentary":9},3503336,"When you retire you go from Who’s Who to Who’s That?",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":36,"quote_text":37,"author_id":5,"source_id":17,"has_image":18,"author":38,"source":39,"quote_tag":40,"commentary":9},3503299,"There’ll be a growing disparity between economics and politics. An economy that grows so rapidly is intractably global. On the other hand, the current political system is intractably national. So there is a growing dichotomy between a global economy and locally based politics.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":42,"quote_text":43,"author_id":5,"source_id":44,"has_image":18,"author":45,"source":46,"quote_tag":47,"commentary":9},2783384,"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.",4,{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[48],{"id":49,"tag":50},5758828,{"id":51,"tag_name":52},14681,"wells",{"id":54,"quote_text":55,"author_id":5,"source_id":44,"has_image":18,"author":56,"source":57,"quote_tag":58,"commentary":9},2783382,"Information about money has become almost as important as money itself.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[59],{"id":60,"tag":61},5758825,{"id":62,"tag_name":63},4795,"important",{"id":65,"quote_text":66,"author_id":5,"source_id":44,"has_image":18,"author":67,"source":68,"quote_tag":69,"commentary":9},2783379,"All of life is the management of risk, not its elimination.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[70],{"id":71,"tag":72},5758822,{"id":73,"tag_name":74},62737,"life-is",{"id":76,"quote_text":77,"author_id":5,"source_id":44,"has_image":18,"author":78,"source":79,"quote_tag":80,"commentary":9},2783376,"Countries don't go out of business....The infrastructure doesn't go away, the productivity of the people doesn't go away, the natural resources don’t go away. And so their assets always exceed their liabilities, which is the technical reason for bankruptcy. And that's very different from a company.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[81],{"id":82,"tag":83},5758819,{"id":84,"tag_name":85},3625,"country",{"id":87,"quote_text":88,"author_id":5,"source_id":44,"has_image":18,"author":89,"source":90,"quote_tag":91,"commentary":9},2783373,"Capital will always go where it’s welcome and stay where it’s well treated.\nCapital is not just money. It’s also talent and ideas.\nThey, too, will go where they’re welcome and stay where they are well treated.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[92],{"id":93,"tag":94},5758817,{"id":95,"tag_name":96},2130,"ideas",{"id":98,"quote_text":99,"author_id":5,"source_id":44,"has_image":18,"author":100,"source":101,"quote_tag":102,"commentary":9},2783370,"I walk into all these organizations, and I'm always puzzled when I realize that people still want to be there. Most people really want to love their organizations. We need that level of commitment ... Yet organizations have done very little to deserve that kind of staying-power.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[103],{"id":104,"tag":105},5758813,{"id":106,"tag_name":107},325,"loyalty",{"currentPage":109,"totalPages":44,"totalItems":8,"itemsPerPage":110},1,10]