Popular quotes about Management! Wisdom and inspiration are here! | page 64
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 BernankeI put that in my management's hands and my company's hands. We sit down all together, the family, D-Block, my management and I go build with KOCH, the distributor. You open up your own sites, you get your MySpace, you get your websites and get your little digital team on the side... and that's how you handle that.
Styles PIf we face recession, we should not lay off employees; the company should sacrifice a profit. It's management's risk and management's responsibility. Employees are not guilty; why should they suffer?
Akio MoritaAny executive, any CEO should not have 1 management style. Your management style needs to be dictated by your employee.
Keith RaboisThe 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 DruckerWhen management owns stock, then rewarding the shareholders becomes a first priority, whereas when management simply collects a paycheck, then increasing salaries becomes a first priority.
Peter LynchWhat it takes to do a job will not be learned from management courses. It is principally a matter of experience, the proper attitude, and common sense โ none of which can be taught in a classroom... Human experience shows that people, not organizations or management systems, get things done.
Hyman RickoverI'm difficult for management. That's why I have the reputation because nobody challenges management.
Keith OlbermannThe central problem of management is how spontaneous interaction of people within a firm, each possessing only bits of knowledge, can bring about the competitive success that could only be achieved by the deliberate direction of a senior management that possesses the combined knowledge of all employees and contractors
Friedrich August von HayekManagement 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 ChristensenThere'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 AukermanWork 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. KelsoThe primary cause of disorder and lawlessness today, as throughout history, is the poverty of the many in contrast to the affluence of the few. But a new element of unrest has been added: a growing awareness that mass poverty is caused by defective institutions that prevent our harnessing the physical capabilities of science, engineering, management and labor to create general affluence; in other words, a growing awareness that poverty in any country that is or can be industrialized, is man's not nature's fault.
Louis O. KelsoBecause by definition they lack any sense of mutuality or wholeness, our specializations subsist on conflict with one another. The rule is never to cooperate, but rather to follow one's own interest as far as possible. Checks and balances are all applied externally, by opposition, never by self-restraint. Labor, management, the military, the government, etc., never forbear until their excesses arouse enough opposition to force them to do so.
Wendell BerryWe tend to think that, in a traditional organisation, people are producing results because management wants results, but the essence of a high-quality organisation is people producing results because they want the results. It's puzzling we find that hard to understand, that if people are really enjoying, they'll innovate, they'll take risks, they'll have trust with one another because they are really committed to what they're doing and it's fun
Peter SengeManagement must provide employees with tools that will enable them to do their jobs better, and with encouragement to use these tools. In particular, they must collect data.
George E. P. BoxThe demagogue is usually sly, a detractor of others, a professor of humility and disinterestedness, a great stickler for equality as respects all above him, a man who acts in corners, and avoids open and manly expositions of his course, calls blackguards gentlemen, and gentlemen folks, appeals to passions and prejudices rather than to reason, and is in all respects, a man of intrigue and deception, of sly cunning and management.
James F. CooperA proper record shop reminds us why we got into this in the first place - a place to be reminded of old friends, still in their spots on the shelves, a source of unexpected magic and lucid memories - a place that reminds us that music is more than dumb file sharing and the management of dead data by faceless sociopathic corporations, but a storehouse of dreams, both possible and impossible.
Max RichterThe 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. TrumanFailure 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 DemingIt's extremely disturbing and unsettling that Sony has taken digital rights management to this level of deceit.
Mark RussinovichOne observer commenting on security analysts over forty stated: "They know too many things that are no longer true." As long as I am "on stage", publishing a regular record and assuming responsibility for management of what amounts to virtually 100% of the net worth of many partners, I will never be able to put sustained effort into any non-BPL activity. If I am going to participate publicly. I can't help being competitive. I know I don't want to be totally occupied with out-pacing an investment rabbit all my life. The only way to slow down is to stop.
Warren BuffettIndeed, better risk management may be the only truly necessary element of success in banking.
Alan GreenspanOne 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 CourcellesOur time on earth and our energy, intelligence, opportunities, relationships, and resources are all gifts from God that he has entrusted to our care and management. We are stewards of whatever God gives us. This concept of stewardship begins with the recognition that God is the owner of everything and everyone on earth. ... We never actually own anything during our brief stay on earth. God just loans the earth to us while we're here. It was God's property before you arrived, and God will loan it to someone else after you die.
Rick WarrenThis gives the agents of the gods a powerful area of support. All they need to do is to remind their followers constantly of their mortality and to convince them that the afterlife itself is under the personal management of the particular gods they are promoting. The self-protective urges of their worshippers will do the rest.
Desmond MorrisManagement is about human beings. Its task is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant.
Peter DruckerAuthors 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 PetersA cardinal principle in systems theory is that all parties that have a stake in a system should be represented in its management.
Malcolm KnowlesA basic truth of management - if not of life - is that nearly everything looks like a failure in the middle.
Rosabeth Moss KanterYou can see now with all the assurance that people have about the overall general management of the economy, they then ask more specific questions that we are able to answer.
Thabo MbekiEffective people stay out of Quadrants III and IV because, urgent or not, they aren't important. They also shrink Quadrant I down to size by spending more time in Quadrant II...Quadrant II is the heart of effective personal management.
Stephen CoveyOne, as an employer you already have a management problem when your employee has a new child or needs to care for their ailing family member. You've got to replace the person, at least temporarily; it's a tremendous pain to hire somebody new.
Heather BousheyProducing is a thankless task akin to hotel management. Unfortunately there are not too many good hotel managers.
David HemmingsWhen 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 BryanTyre management has always been part of the qualifying strategy and the race itself. I dont know about others; I just know that I always push as much as I can to obtain the best result possible.
Romain GrosjeanI mean the reason the sit-down strikes struck such fear in the hearts of management was that they knew that a sit-down strike was just one step short of taking over the factory.
Noam ChomskyI'll keep reducing my trading size as long as I'm losing My money management techniques are extremely conservative. I never risk anything approaching the total amount of money in my account, let alone my total funds.
Randy McKayPeering succeeds because it leverages self-organizationโa style of production that works more effectively than hierarchical management for certain tasks.
Don TapscottThe 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 Gerber