Thursday, June 05, 2008

Novartis CEO - "Teva is better than we are."

File this quote under the category of 'Things you don't hear every day".
In a recent interview, Novartis CEO Dan Vasella said:

“Teva is better than we are, and that’s hard to take."

But Vasella did add:

“It is good to look at how we could be better.”

How often do you hear a CEO so openly praising the competition?
How often do you hear a CEO so openly criticizing his own organization?

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