Popular quotes about Management! Wisdom and inspiration are here! | page 37
In light of the recent controversy surrounding foreign management of U.S. Ports, a thorough review of foreign management of U.S. airports needs to occur.
Jon PorterThe most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER.
Peter DruckerI love the ability to work with very good managers, and to provide the right incentives for them, and truly become a partner with that management, and make that management take a long view.
Henry KravisJapanese 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 ImaiThe general systems of money management today require people to pretend to do something they can't do and like something they don't. It's a funny business because on a net basis, the whole investment management business together gives no value added to all buyers combined. That's the way it has to work. Mutual funds charge two percent per year and then brokers switch people between funds, costing another three to four percentage points. The poor guy in the general public is getting a terrible product from the professionals.
John C. BogleIn 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 BeckettManagement has to provide the coordinating mechanism between what the supplier provides and what the user needs in not-good-enough situations where product architecture is consequently interdependent. Management always beats markets when there is not sufficient information.
Clayton ChristensenFailure of management to plan for the future and to foresee problems has brought about waste of manpower, of materials, of the machine-time, of all which raise the manufacturer's cost and price that the purchaser must pay
W. Edwards DemingIndeed, better risk management may be the only truly necessary element of success in banking.
Alan GreenspanMy style is basically trend following, with some special pattern recognition and money management algorithms.
Ed SeykotaIf Sun were to hand the management of Java over to a committee of monkeys, would it be more successful?
Eric SinkI greatly admire GE, their utterly ruthlessly focused management, to get the cost out and get this integration done.โ Okay, we may make a few mistakes along the way but we are not going to waste any time.' They make decisions; they are incredibly disciplined and focused.
Larry EllisonManagement innovation is going to be the most enduring source of competitive advantage. There will be lots of rewards for firms in the vanguard.
Gary HamelAs an engineer, I understood that the natural world operated according to fixed laws. Through my studies, I came to realize that there were, likewise, laws that govern human wellbeing. It seemed to me that these laws are fundamental not only to the wellbeing of societies, but also to the miniature societies of organizations. Indeed, that is what we found when we began to apply these principles systematically at Koch Industries. Through our observation of how they could create prosperity in an organization, I began to systematize my beliefs into Market-Based Management.
Charles KochAn organization's success has more to do with clarity of shared purpose, common principles and strength of belief in them than to assets, expertise, operating ability or management competence, important as they may be.
Dee HockThe establishment people tell us that if the workers wanted to share the profits, it was called communism. When management wants to share profits, it's called a bonus.
Phil DonahueA market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
Warren BuffettMichael left because of the Bulls' management, not because he'd lost his love of playing the game.
Tiger WoodsIf we continue to treat content as an extra to information architecture, to content management or to anything else, we miss a bright opportunity to influence users. Content is not a nice-to-have extra. Content is a star of the user experience show. Letโs make content shine.
Colleen JonesUnfortunately with certain situations, just sometimes it's just the way it is. It could be a problem with the promotion side or training or anything. Management, sometimes doesn't work out. Sometimes certain guys just choose to fight other guys.
Lamont PetersonWhen I'm writing a song, it's just me and the songwriters. Then when the song is done, there are publishers that hear it, then people in my management, then my wife and my boys and my friends, and if they're all lovin' it, it's kind of withstanding all the criticism I need.
Luke BryanExecutives run organizations. In business, we need executives who have clarity, people who are in touch with themselves. Then, in leadership and management positions, they can be good role models and leaders. The people I know who have really moved their organizations are scrupulous role models. They are so clear about honesty, integrity, openness, mutual self-respect, dignity for the individual, and creativity, that they don't deviate from these principles at all in their behavior.
Michael RayI'm a natural management guy. I had forgotten that. And I forgot how much I hate it.
Keith OlbermannPeering succeeds because it leverages self-organizationโa style of production that works more effectively than hierarchical management for certain tasks.
Don TapscottCorporations invest in sophisticated CRM, or Customer Relationship Management, programs to effectively oversee their relationship with their customers at every point during the buying process.
Marc OstrofskyProfit is not the proper end and aim of management - it is what makes all of the proper ends and aims possible
David PackardIt's my guess that something like 5% of GDP goes to money management and itsattendant friction. I define it broadly - annuities, incentive pay, all trading, etc. Nobody else has used figures that high, but that's my guess. Worst of all, the people doing this are among the best and the brightest. Hundreds and thousands of engineers, etc. are going into hedge funds and investment banking. That is not an intelligent allocation of the brainpower of the civilization.
Charlie MungerI 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 history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception.
Friedrich August von Hayek3 people get stranded on a remote Island A Banker, a Daily Mail reader & an Asylum seeker All they have to eat is a box of 10 Mars bars The Banker says "Because of my expertise in asset management, I''ll look after our resources" The other 2 agree So the Banker opens the box, gobbles down 9 of the Mars bars and hands the last one to the Daily Mail reader He then says " I'd keep an eye on that Asylum seeker, he's after your Mars Bar
Christopher Brookmyrei would like to remind the management that the drinks are watered and the hat-check girl has syphilis and the band is composed of former ss monsters However since it is new year's eve and i have lip cancer i will place my paper hat on my concussion and dance
Leonard CohenIf you want to make better theory, you've got to use the best that's available and look through the lens of another discipline to see if you can uncover more anomalies. By looking at the phenomena of failure from the perspective of sales, marketing, finance, general management, and the equity markets, I was able to see things that Rebecca [Henderson] hadn't.
Clayton ChristensenThe term "informatics" was first defined by Saul Gorn of University of Pennsylvania in 1983 (Gorn, 1983) as computer science plus information science used in conjunction with the name of a discipline such as business administration or biology. It denotes an application of computer science and information science to the management and processing of data, information and knowledge in the named discipline.
Saul GornOver time, it also became important for me to share my management principles with the people I worked with because we had to agree on how we should be with each other - and that way is unique. Because the logic behind being radically honest and radically transparent with each other wasn't clear, it had to be spelled out in these principles.
Ray DalioThe most important figures for management of any organization are unknown and unknowable.
W. Edwards DemingI run my company according to feminine principles, principles of caring, making intuitive decisions, not getting hung up on hierarchy or all those dreadfully boring business-school management ideas; having a sense of work as being part of your life, not separate from it; putting your labor where your love is; being responsible to the world in how you use your profits; recognizing the bottom line should stay at the bottom.
Anita RoddickOn the evening bus, the tense, pinched faces of young file clerks and elderly secretaries tell us more than we care to know. On the expressways, middle management men pose without grace behind their wheels as they flee city and job.
Studs TerkelOne of the nastier trends in library management in recent years is the notion that libraries should be 'responsive to their patrons'.
Connie WillisNever inject a man into the top, if it can be avoided. In a big organization, to have to do that, I think, is a reflection on management, Of course there are always exceptional cases.
Alfred P. SloanI.B.M. was my college education, effectively. They were very good at teaching you management.
Mike McCueGovernance is complex, difficult, and on the whole, thankless - why ever should the Bright Young Things leave the management of their hotels, newspapers, banks, TV channels and corporations to join, like fleas on a behemoth, the government? Wherein lies the difference between the two worlds?
Upamanyu Chatterjee