Popular quotes about Management! Wisdom and inspiration are here! | page 30
Why, just a couple of economic seasons ago, was idle cash considered an indication of bad management or lazy management? Because it meant that management didn't have this money out at work ... Now look. Presto! A new fashion! Cash is back in! Denigrating liquidity has dropped quicker than hemlines. A management is now saluted if it has some cash, some liquidity, doesn't have to go to the money market at huge interest rates to get the wherewithal to keep going and growing. Along with Ben Franklin, my father and your father would understand and applaud this new economic fashion.
Malcolm ForbesGiven 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 BernankeGoodlife was originally a ski management/athlete management company. I have a couple friends who are sponsored for skiing and my manager linked up with their manager. We worked out a deal, because they wanted to branch out into music and culture.
SonRealIn investment management today, everybody wants not only to win, but to have a yearly outcome path that never diverges very much from a standard path except on the upside. Well, that is a very artificial, crazy construct. That's the equivalent in investment management to the custom of binding the feet of Chinese women
Charlie MungerThe one thing I will say is management is management. Culture is culture. You have to have a formula for those things. You have to believe in what you do and how you do it, but then you go to different environments and you have to be willing to adapt. You have to be willing to tweak things based on where you are.
Pete LemboThe first myth of management is that it exists. The second myth of management is that success equals skill.
Robert HellerThe Management of money is, in much, the management of self. If heaven allotted to each man seven guardian angels, five of them, at least, would be found night and day hovering over his pockets.
Edward Bulwer-Lytton, 1st Baron LyttonPeople have described me as a management bishop but I say to my critics, Jesus was a management expert too.
George CareyThe conventional definition of management is getting work done through people, but real management is developing people through work.
Agha Hasan AbediI think that intelligent forecasting (company revenues, earnings, etc.) should not seek to predict what will in fact happen in the future. Its purpose ought to be to illuminate the road, to point out obstacles and potential pitfalls and so assist management to tailor events and to bend them in a desired direction. Forecasting should be used as a device to put both problems and opportunities into perspective. It is a management tool, but it can never be a substitute for strategy, nor should it ever be used as the primary basis for portfolio investment decisions.
Peter CundillAll of the sports have a safety net, but boxing is the only sport that has none. So when the fighter is through, he is through. While he was fighting his management was very excited for him, but now that he is done, that management team is moving on.
Gerry CooneyStrategic management is not a box of tricks or a bundle of techniques. It is analytical thinking and commitment of resources to action. But quantification alone is not planning. Some of the most important issues in strategic management cannot be quantified at all.
Peter DruckerThe World Wide Web is precisely what we were trying to PREVENT. We long ago foresaw the problems of one-way links, links that break (no guaranteed long-term publishing), no way to publish comments, no version management, no rights management.
Ted NelsonYou find no difficulty in trusting the Lord with the management of the universe and all the outward creation, and can your case be any more complex or difficult than these, that you need to be anxious or troubled about His management of it?
Hannah Whitall SmithThe TMS is evolving into a logistics platform that can handle all nodes, all geographies and all transportation nodes. It's already talking to other applications in the supply chain, like warehouse management, order management and ERP systems. By adding underlying algorithms, a TMS can now understand the relationship between the cost of inventory and the cost of transportation and come up with an optimal solution to answer those questions.
John MurphyIn the UK what we've found is that even businesses which prided themselves already on their efficient management find that a really beady-eyed scrutiny of their resource management, with an eye to environmental best-practice and long term sustainability, produce fresh efficiency and fresh savings that actually shock those in the company
Margaret BeckettFixing culture is the most critical โ and the most di๏ฌcult โ part of a corporate transformationโฆ In the end, management doesnโt change culture. Management invites the workforce itself to change the culture.
Lou GerstnerThe pioneer labor historian John Commons was not wrong when he wrote around World War One that exploiting and deepening such tensions as outpacing scientific management among U.S. innovations where bossing was concerned. Amidst the general miseries of proletarianization, workers also learned that one source of meager benefits and protections could lie in claiming a white skin.
David RoedigerA Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business
Charlie MungerManagement is the process of assuring that the program and objectives of the organization are implemented. Leadership on the other hand has to do with casting vision and motivating people.
John C. MaxwellThe Jews, I find, are very, very selfish. They care not how many Estonians, Latvians, Finns, Poles, Yugoslavs or Greeks get murdered or mistreated as Displaced Persons as long as the Jews get special treatment. Yet when they have power, physical, financial or political neither Hitler nor Stalin has anything on them for cruelty or mistreatment to the under dog. Put an underdog on top and it makes no difference whether his name is Russian, Jewish, Negro, Management, Labor, Mormon, Baptist he goes haywire. I've found very, very few who remember their past condition when prosperity comes.
Harry S. TrumanGame management is accomplished by staying constantly alert and then reading and reacting to potential problem situations before they materialize. It all boils down to paying attention to details.
Jim EvansThe biggest barriers to strategic renewal are almost always top management's unexamined beliefs.
Gary HamelIndex funds have regularly produced rates of return exceeding those of active managers by close to 2 percentage points. Active management as a whole cannot achieve gross returns exceeding the market as a while and therefore they must, on average, underperform the indexes by the amount of these expense and transaction costs disadvantages.
Burton MalkielData show that for a variety of reasons including M&A activity, legacy and growth into emerging markets, the size of most firms' innovation footprints or networks is increasing. Obviously, the bigger the network, the greater the management, co-ordination and running costs.
Yves DozWhen 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 ChiquetA cardinal principle in systems theory is that all parties that have a stake in a system should be represented in its management.
Malcolm KnowlesManagement is a curious phenomenon. It is generously paid, enormously influential, and significantly devoid of common sense
Henry MintzbergWhen the study of the household (ecology) and the management of the household (economics) can be merged, and when ethics can be extended to include environmental as well as human values, then we can be optimistic about the future of humankind. Accordingly, bringing together these three โE's' is the ultimate holism and the great challenge for our future.
Eugene OdumParliamentary democracy is, in truth, little more than a means of securing a periodical change in the management team, which is then allowed to preside over a system that remains in essence intact. If the British people were ever to ask themselves what power they truly enjoyed under our political system they would be amazed to discover how little it is
Tony BennIn the study of management, unfortunately, many writers have been so anxious to articulate a theory in the form of, "If you do this, this will result," that they never go through this careful effort.
Clayton ChristensenIt needs good management to enjoy life. I enjoy it twice as much as others, for the measure of enjoyment depends on the greater or less attention that we give to it...The shorter my possession of life the deeper and fuller I must make it.
Michel de MontaigneIf insurance companies paid for lifestyle-management classes, they would save huge sums of money. We need to see that alternative medicine is now mainstream.
Deepak ChopraWhat was the more likely cause of the Oklahoma City bombing: talk radio or Bill Clinton and Janet Renos hands-on management of Waco, the Branch Davidian compound?...Obviously, the answer is talk radio. Specifically Rush Limbaughs hate radio....Frankly, Rush, you have that blood on your hands now and you have had it for 15 years.
Keith OlbermannWorkers should have a right to sit across from management to collectively bargain about their work conditions, their wages, and the future direction of the company. To me, that's just a humane thing to do. It is unacceptable in the 21st century to have companies not want to do that with their employees and create a great work environment.
Nina TurnerOur second phase was to develop a school curriculum that teaches tolerance, respect for differences, conflict resolution, anger management, and other attributes of peace.
Eddie Bernice JohnsonWell, then we got to know each other and eventually worked out a bit of idea of management.
Brian EpsteinProfit is not the proper end and aim of management - it is what makes all of the proper ends and aims possible
David PackardThe larger the price tag, the more you have to adopt what I call the postmodern management approach. What I mean by that is that you have to use everything when you make a decision.
John KaoPeople who watch their weight, golf scores, and fuel bills seem to shun quantitative evaluation of their investment management skills although it involves the most important client in the world-themselves.
Warren BuffettReally, a critical matter in the public service is radically to improve the quality of management.
Thabo MbekiWe live in a society where we're not taught how to deal with our weaknesses and frailties as human beings. We're not taught how to speak to our difficulties and challenges. We're taught the Pythagorean theorem and chemistry and biology and history. We're not taught anger management. We're not taught dissolution of fear and how to process shame and guilt. I've never in my life ever used the Pythagorean theorem!
Iyanla Vanzant