Popular quotes about Management! Wisdom and inspiration are here! | page 46
The essence of investment management is the management of risks, not the management of returns.
Benjamin GrahamGiven 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 BernankeGood money management alone isn't going to increase your edge at all. If your system isn't any good, you're still going to lose money, no matter how effective your money management rules are. But if you have an approach that makes money, then money management can make the difference between success and failure.
Monroe TroutThe 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 think stupidity in business is really an interesting thing. What winds up happening is a disconnect between your company's strategic management and then your more applied on-the-street management. I guarantee with you that the board of directors of most companies has no idea what the costs of hiring people really is in the HR department.
Nick CorcodilosThe 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 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 LyttonI'm difficult for management. That's why I have the reputation because nobody challenges management.
Keith OlbermannAll 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 CooneyI immediately went out and bought a book on anger management. And now I have that book, and I don't know if I'll get to the book. But I'm certainly excited about the day where I can't find the book, and I get to say, 'Where the hell is my anger management book?!'
Marc MaronFor every hour of brains, you will be charged three hours. The other two hours go to management and project management, which is to say they are wasted.
Robert X. CringelyThe only beef Enron employees have with top management is that management did not inform employees of the collapse in time to allow them to get in on the swindle. If Enron executives had shouted, "Head for the hills!" the employees might have had time to sucker other Americans into buying wildly over-inflated Enron stock. Just because your boss is a criminal doesn't make you a hero.
Ann CoulterLife management begins with mind management. The quality of your life is influenced by the quality of your thoughts. Your thoughts do form your world. Scarce thoughts create a life of scarcity. Thoughts of abundance lead to abundant circumstances.
Robin SharmaThe 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. BogleThe 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 AganbegyanI run Willow Management, which is the biggest agency for other short actors. We look after performers who are either under five feet and over seven feet tall.
Warwick DavisWork is a means; it is not an end. And for any tasks that can be performed or eliminated by a capital instrument, human labor is not the best means... Furthermore, we have science, engineering and management - the three disciplines - that really plan and control the production of goods and services, trying to eliminate labor. Who the hell is government to come along and try to create labor? The people who are producing wealth are trying to eliminate toil, while the politicians are trying to create it.
Louis O. KelsoThere are two ways of confronting the country's problems.One is through a management style based on adventurism, instability, play-acting, exaggerations, wrongdoing, being secretive, self-importance, superficiality and ignoring the law. The second way is based on realism, respect, openness, collective wisdom and avoiding extremism.
Mir-Hossein MousaviManagement by objective works - if you know the objectives. Ninety percent of the time you don't.
Peter DruckerNow we're in a very different economy. Throughout the late 1980s and 1990s American management started to do the right things. There was extraordinary investment in technology. The dominant questions now are less how to do it better, how to manage better, how to make the economy better, than how to have fuller and more meaningful lives. Because the irony is, now that we've come through this great transition, even though our organizations and our people are extraordinarily productive, many feel that the nonwork side of life is very thin.
Robert Reich[Good managers] know that people have 'good' sides and 'bad' sides and that the secret of good management is in magnifying the former and toning down the latter.
Ha-Joon ChangThe Trojans lost the war because they fell for a really dumb trick. hey, there's a gigantic wooden horse outside and all the Greeks have left. Let's bring it inside! Not a formula for long-term survival. Now if they had formed a task force to study the Trojan Horse and report back to a committee, everyone wouldn't have been massacred.. Who says middle management is useless?
Adam C. EngstAuthors and publishers want fair compensation and a means of protecting content through digital rights management. Vendors and technology companies want new markets for e-book reading devices and other hardware. End-users most of all want a wide range and generous amount of high-quality content for free or at reasonable costs. Like end-users, libraries want quality, quantity, economy, and variety as well as flexible business models.
Tom PetersComrades!' he cried. 'You do not imagine, I hope, that we pigs are doing this in a spirit of selfishness and privilege? Many of us actually dislike milk and apples. I dislike them myself. Our sole object in taking these things is to preserve our health. Milk and apples (this has been proved by Science, comrades) contain substances absolutely necessary to the well-being of a pig. We pigs are brainworkers. The whole management and organisation of this farm depend on us. Day and night we are watching over your welfare. It is for your sake that we drink the milk and eat those apples.
George OrwellWhen you think of all the conflicts we have - whether those conflicts are local, whether they are regional or global - these conflicts are often over the management, the distribution of resources. If these resources are very valuable, if these resources are scarce, if these resources are degraded, there is going to be competition.
Wangari MaathaiThere is no doubt that Formula 1 has the best risk management of any sport and any industry in the world.
Jackie StewartShareholders have the right and obligation to set the parameters of corporate behavior within which management pursues profit.
Eliot SpitzerWhat's less well known is that the CIA's executive management staff is far more concerned with selecting the right candidates to serve as CIA officers than it is about selecting agents overseas. The CIA dedicates a huge portion of its budget figuring how to select, control, and manage its own work force. It begins with instilling blind obedience. Most CIA officers consider themselves to be soldiers. The CIA is set up as a military organization with a sacred chain of command that cannot be violated. Somebody tells you what to do, and you salute and do it. Or you're out.
Douglas ValentinePeering succeeds because it leverages self-organizationโa style of production that works more effectively than hierarchical management for certain tasks.
Don TapscottActive management strategies demand uninstitutional behavior from institutions, creating a paradox that few can unravel. Establishing and maintaining an unconventional investment profile requires acceptance of uncomfortably idiosyncratic portfolios, which frequently appear downright imprudent in the eyes of conventional wisdom.
David F. SwensenYou can't manage time, you actually only manage what you do during time. So the management issue is not so much about time, it's more about how do you manage your focus, how do you manage your actions and your activities in terms of what you do.
David AllenThere's a tendency in graphics to allow the trimming of certain parts. But I think that if you're open about your process, your methodology, such as introducing thresholds, introducing filters, techniques people use in research and data management, it's legitimate. It's legitimate to say, "We're only going to show data above this level, or between levels."
David MccandlessOur 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 JohnsonThe 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 GerberEvery winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials are like three legs of a stool โ remove one and the stool will fall, together with the person who sits on it.
Alexander ElderSo many words commonly used to describe childbirth-support, patient, management, delivered by, coached, helped, guided-suggest that a woman does not have the power to give birth without being dependent on somebody else. This isn't the case at all.
Michel OdentOf one thing the investor can be certain: A large company's need to bring in a new chief executive from the outside is a damning sign of something basically wrong with the existing management - no matter how good the surface signs may have been as indicated by the most recent earnings statement.
Philip Arthur FisherI think the Ambitious Lovers never got their due- we had terrible management and at that point, we were on major labels and we didn't have any music business savvy which we could have used. We made a series of hilarious mistakes not in terms of music but in terms of making it happen.
Arto LindsayI view it as a real competition. We're in a business where, you know what, there's no babies here. You go out, win the job and take it. I've been told by management, for the most part, that we're going to play the best people. Obviously, you've got to consider stuff like contracts - that's a reality of the game. But still, when it gets down to it, we're going to try and pick the guy that deserves to win the job.
Willie RandolphOne of the most intriguing things in management and in business is the role of storytelling - people need the anecdotes to do the work that they do.
Anita RoddickGood people have always been at the heart of the Virgin business, and that's largely because we have tried to keep our business small, and our management teams tight-knit. I feel that small, compact companies, are better run. That is partly because people feel more connected in small companies.
Richard Branson