Popular quotes about Management! Wisdom and inspiration are here! | page 17
Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redouble their efforts to help organizations improve their risk-management practices...We are also considering the need for additional or revised supervisory guidance regarding various aspects of risk management, including further emphasis on the need for an enterprise-wide perspective when assessing risk.
Ben BernankeWhat we call a financial crisis is really at its core a crisis of management, and not just a crisis of management, but a crisis of management culture. ...In other words, what you had is a detachment of people who know the business from people who are running the business.
Henry MintzbergI think there are probably too many asset management companies in the world, and I think the place to be is either big or small. The area where it is probably more difficult to be is in the middle ground, where you've got that cost of regulation, you've got the cost of buying your own research, you've got all the costs of running an asset management company without the benefits of a big income producing asset.
Martin GilbertAny executive, any CEO should not have 1 management style. Your management style needs to be dictated by your employee.
Keith RaboisThe torture and other sadistic abuses of prisoners in Iraq have done immense damage already to America's reputation in the world, and the worst may be yet to come. Shamefully, we now learn that Saddam's torture chambers reopened under new management: U.S. management.
Edward KennedyJapanese management practices succeed simply because they are good management practices. This success has little to do with cultural factors. And the lack of cultural bias means that these practices can be - and are - just as successfully employed elsewhere.
Masaaki ImaiYou canโt mandate [cultural change], canโt engineer it. What you can do is create the conditions for transformation. You can provide incentives. You can define the marketplace realities and goals. But then you have to trust. In fact, in the end, management doesnโt change culture. Management invites the workforce itself to change the culture.
Lou GerstnerOur proposal had more than just money. We would increase their staff and keep their headquarters, their brand and their management in place. We made them a comprehensive offer they couldn't refuse. Shareholders simply receive cash, but with the staff and management, we had to show that we could share the same vision. Employees would probably resent us if money were all [we offered].
Masayoshi SonI am still very proud of that concert. In America, the (musicians') connection with the conductor is as with management - it becomes political. You cannot conduct properly in this environment. I hate this enemy situation between management and orchestra members.
Neeme JarviThe key thing in management is goal setting. In medicine, goal-based approach is particularly important. Management should be aimed at minimizing health damage and, with a high degree of correlation, at reducing mortality
Abel AganbegyanThere's something wrong with the system when you've got someone who can provide so much to a company and can be enthusiastic, but isn't management material or whatever. So a lot of that just gets defined as the person who speaks with the loudest voice and gets up there with the most arrogance and overly confident, chest-beating approach. Those are the ones that are going to get the golden ring.
Milo AukermanAlthough biodiversity loss continues globally, many countries are significantly slowing the rate of loss by shoring up protected natural areas and the services they provide, and in expanding national park systems with tighter management and more secure funding.
Helen ClarkThe management question, therefore, is not whether to build a pilot system and throw it away. You will do that. Hence plan to throw one away; you will, anyhow.
Fred BrooksThe great challenge to management today is to make productive the tremendous new resource, the knowledge worker. This, rather than the productivity of the manual worker, is the key to economic growth and economic performance in today's society.
Peter DruckerOne of the duties of old-age, is the management of time. The less that remains to us, the more valuable we ought to consider it.
Anne-Therese de Marguenat de CourcellesThe essence of the best thinking in the area of time management (practice planning) can be captured in a single phrase: Organize and execute around priorities
Stephen CoveyWhen a corporation goes into the marketplace to buy back its own stock, it means management thinks the stock is undervalued. This is a smart time to buy.
Nancy DunnanYou can't grow long-term if you can't eat short-term. Anybody can manage short. Anybody can manage long. Balancing those two things is what management is.
Jack WelchWhen I first started out in my career, I'd been a lit major in college so I didn't have a lot of choices. The traditional options were management consultant or investment banking, and I hadn't even taken an economics class so those were pretty much out. I didn't want to go into academia. For me, research and instinct were my unique tools that seemed to work best on a marketing and merchandizing path. It's kind of right-brain and left-brain.
Maureen ChiquetI've not seen an effective manager or leader who can't spend some fraction of time down in the trenches... If they don't do that they get out of touch with reality, and their whole thought and management process becomes abstract and disconnected.
Jeff BezosWhile we cannot accurately predict the course of climate change in the coming decades, the risks we run if we don't change our course are enormous. Prudent risk management does not equate uncertainty with inaction.
Steven ChuI really never wanted to do source control management at all and felt that it was just about the least interesting thing in the computing world .
Linus TorvaldsTime Management Tips: The perpetual processing of the same temptation is both dangerous and time-wasting. Cycling and recycling the same temptation (instead of rejecting such blandishment out of hand) is not only to risk one's soul, again and again, but is to bring on fatigue, so that the Adversary may be able to do indirectly what we will not let him do directly. A lack of decisiveness in dealing with temptation ties up our thought processes and prevents us from doing good with the time allotted to us.
Neal A. MaxwellChina could easily emerge as the great winner if the Chinese leaders handle the situation well. On the other hand, they could also turn out to be the biggest losers if they handle it poorly. If the management turns out be wrong, this could lead to a political crisis in China.
George SorosThe good news about fresh water is that, even after accounting for the larger volume of water that is unavailable to people from the hydrologic cycle, there is enough on a global scale to support current and anticipated populations on a sustainable basis... Three essential goals are dependable and safe supplies for people, protection and management of the environmental systems through which water moves, and efficient water use. Meeting these goals will require that fresh water not continue to be treated as a free good or as the principal means for disposing of human and industrial wastes.
Gilbert F. WhiteA simple rule applies: if you don't quickly comprehend what a company is doing, then management probably doesn't either.
Seth KlarmanIndustrial production, the flow of resources in the economy, the exertion of military effort in a war theater-all are complexes of numerous interrelated activities. Differences may exist in the goals to be achieved, the particular processes involved, and the magnitude of effort. Nevertheless, it is possible to abstract the underlying essential similarities in the management of these seemingly disparate systems.
George DantzigOne of the principal factors fueling the proliferation of the abuse of secrecy and sensitive but unclassifieds is the administration's adherence to the unitary executive principal. This administration more than any of its predecessors believes that it is its responsibility to collect power onto itself in the executive office when it comes to the conduct of war, foreign policy, the management of agencies and departments, regulations, etc.
Ted GupThe best discussion of trouble in boardroom and business office is found in newspapers' own financial pages and speeches by journalists in management jobs.
Russell BakerThe problem with most failing businesses is not that their owners don?t know enough about finance, marketing, management, and operations - they don?t, but those things are easy enough to learn - but that they spend their time and energy defending what they think they know. My experience has shown me that the people who are exceptionally good in business aren?t so because of what they know but because of their insatiable need to know more.
Michael GerberEvents that are predestined require but little management. They manage themselves. They slip into place while we sleep, and suddenly we are aware that the thing we fear to attempt, is already accomplished.
Amelia BarrI certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.
Warren BuffettThe relationships that I've built and the connections and the network that I have created playing on these multiple teams, playing for these multiple coaches and assistant coaches - I wouldn't give that back for anything, because I believe that's going to prepare me for my next step, whether that's going to be on the floor coaching or in an office doing some type of management work.
Drew GoodenI am beginning to see a large-scale introduction of various management tools, philosophies and practices in the service sectors and have a high hope that it will become a global trend.
Masaaki ImaiIf you have to control people, you have to have an administrative force that does it. So in U.S. industry, even more than elsewhere, there's layer after layer of management - a kind of economic waste, but useful for control and domination. And the same is true in universities.
Noam ChomskyWhether it's watching a $4,000 laptop fall off the conveyor belt at airport security, contending with a software conflict that corrupted your file management system, or begging your family to stop opening those virus-carrying 'greeting cards' attached to emails, all computer owners are highly leveraged and highly vulnerable technology investors.
Douglas Rushkoff