With more discipline over our use of resources, we could have made all the same marketing mistakes and still had time to bounce back.

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In Nancy Balfour's day, American Survey (now renamed United States) was run on almost military lines, with strict discipline, frugal use of resources and a firm determination to maintain its independence from the rest of the paper.

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"It might be a little bit difficult to discipline the CEO, " said Fiester, the human resources adviser.

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Shorenstein also credited his training in the army for teaching him discipline, time management and how to make the best use of sparse resources.

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And one of the things that I told these firefighters is that we can provide them all the resources they need, but only they provide the courage and the discipline to be able to actually fight these fires.

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Those who lacked the discipline to work and save (and to invest wisely) in the past will have fewer resources with which to be frivolous in the future.

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