Certain management policies-stretching of credit resources, for example-may lead to great progress in good conditions; but, like the Grand Prix car in comparison with the Land Rover, they may not be robust enough to survive when the going gets tough.
Anthony Stafford BeerThe system of transportation is not coherent; it is not treated as integral. Roads compete with with railroads and airlines in chaotic fashion, and at immense cost to the nation.
Anthony Stafford BeerThe strategies that managers employ are at least as important as the facilities at their disposal.
Anthony Stafford BeerA stochastic process is about the results of convolving probabilities-which is just what management is about, as well.
Anthony Stafford Beer