Quotes About Management

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.

Good 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.

Why not stakeholder action? There's no economic principal that says that management should be responsive to shareholders, in fact you can read in texts of business economics that they could just as well have a system in which the management is responsible to stakeholders.

It's not a question of arriving and putting in a whole new administration, but instead, arriving and "compacting" things as much as possible, reducing management layers. We want as few management layers as possible, so that executives are very close to the operations. We also don't believe in having big corporate infrastructures.

The 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.

There is not the management of time, there is only the management of you.

People have described me as a management bishop but I say to my critics, Jesus was a management expert too.

The 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

Generally, management of many is the same as management of few. It is a matter of organization. And to control many is the same as to control few. This is a matter of formations and signals.

One cannot be successful on visible figures alone ... the most important figures that one needs for management are unknown or unknowable, but successful management must nevertheless take account of them.

It appears that there are enormous differences of opinion as to the probability of a failure with loss of vehicle and of human life. The estimates range from roughly 1 in 100 to 1 in 100,000. The higher figures come from the working engineers, and the very low figures from management.

I think Pep Guardiola is a top manager. There's no doubt about that. Not only did he manage Messi and Iniesta, but he made them better and took them to levels they'd never been before. The best team I've ever seen is Pep Guardiola's Barcelona. I'm sure his management got something to do with that.

The biggest barriers to strategic renewal are almost always top management's unexamined beliefs.

Technological innovation is the successful implementation (in commerce or management) of a technical idea new to the institution creating it.

Time management is the mantra of my life.

Employees who believe that management is concerned about them as a whole person - not just an employee - are more productive, more satisfied, more fulfilled. Satisfied employees mean satisfied customers, which leads to profitability.

When 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.

The 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 terrible way to spend your life, but it's very well paid.

I greatly admire GE, their utterly ruthlessly focused management, to get the cost out and get this integration done.’ 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.

Parliamentary 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

There is not much new in management, but there is a lot new in business.

The late W. Edwards Deming, guru of Quality management, once declared, 'The most important things we need to manage can't be measured.' If that’s true of what we need to manage, it should be even more obvious that it’s true of what we need to teach.

When 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.

What I like about all these giant superhero movies is that they speak to the issues that I'm dealing with - working mother and time management and how to be an interesting, sexual, curious woman in your 40s.

Some in management positions operate as if they are in a tree of monkeys. They make sure that everyone at the top of the tree looking down sees only smiles. But all too often, those at the bottom looking up see only asses.

I 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.

The secret to winning is constant, consistent management.

Too often, the pastoralist blames the weeds and seeks a chemical rather than a management solution; too seldom do we find an approach combining the sensible utilisation of grasshoppers and grubs as a valuable dried-protein supplement for fish or food pellets, and a combination of soil conditioning, slashing, and de-stocking or re-seeding to restore species balance.

To have the management of the mind is a great art, and it may be attained in a considerable degree by experience and habitual exercise... Let him take a course of chemistry, or a course of rope-dance, or a course of any thing to which he is inclined at the time. Let him contrive to have as many retreats for his mind as he can, as many things to which it can fly from itself.

We suggest that in the next decades fisheries management will have to emphasize the rebuilding of fish populations embedded within functional food webs, within large 'no-take' marine protected areas.

A Yale University management professor in response to student Fred Smith's paper proposing reliable overnight delivery service: The concept is interesting and well-formed, but in order to earn better than a 'C', the idea must be feasible.

It hasn't yet materialized that I went into sports management, but I haven't ruled it out yet, either. I only half-jokingly remarked that I'd love to be the commissioner of the NFL. But as I recently told current Commissioner Roger Goodell, that job looked a lot more appealing when I was struggling with the Russians and the Iranians everyday.

At times we are thrown suddenly into positions that seem too big for us and for which we have little preparation. The Lord stimulates our growth this way.... The Lord blesses us far beyond our natural ability and experience. However, it has been my experience that he expects us to quickly exert ourselves and acquire the things we need. He gives us a little time to improve our management skills and detailed knowledge so that we don't have to rely upon him for everything. We'll always need inspiration in these areas we couldn't possibly understand without his help.

I started a business with two guys I played with, Ronnie Lott and Harris Barton: Champion Ventures, it's a fund of funds. We have $400 million or so under management.

I think the reason why we got into such idiocy in investment management is best illustrated by a story that I tell about the guy who sold fishing tackle. I asked him, "My God, they're purple and green. Do fish really take these lures?" And he said, "Mister, I don't sell to fish." Investment managers are in the position of that fishing tackle salesman.

I try to build on our management philosophy. I try to understand what the threats and opportunities are for us. Uh, I try to make sure that we're driving innovation and creative destruction hard enough so we're not blindsided, and that our attitude is to, in starting any initiative, any business, is to focus on how we can create value for others, rather than how we maximize profit, because you can make money focusing on, "How do I maximize profit?"

I think time management and dedication are the main factors along with being an organized person. To say I was highly ambitious would be an understatement. I'm never one to sit around, I always have to be creating in various facets to keep myself entertained.

What a bunch of garbage, liberal, Democratic, conservative, Republican, it's all there to control you, two sides of the same coin! Two management teams, bidding for control of the CEO job of Slavery Incorporated!

The 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.

I think you can improve on that natural ability with training and exposure to great leaders of the past and to management theories.

Many respected economists and statesmen believe our national debt is neither unwieldy nor a dangerous burden on the country. The trouble is that a vast majority of the American people think otherwise.... It violates basic American ideas of thrift and money management. These strong public feelings cannot be ignored forever.

Management problems are not respecters of the company organization, nor of the talents of the people appointed to solve them.

Men desire to have some share in the management of public affairs chiefly on account of the importance which it gives them.

If 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.

With all my employees, I listen to them, trust in them, believe in them, respect them and let them have a go! I never believe I know better than they do and have been fortunate over the years to build up a very strong management team whom I can trust and take advice from.

We [at Soros Fund Management] use options and more exotic derivatives sparingly. We try to catch new trends early and in later stages we try to catch trend reversals. Therefore, we tend to stabilize rather than destabilize the market. We are not doing this as a public service. It is our style of making money.

Knowledge is theory. We should be thankful if action of management is based on theory. Knowledge has temporal spread. Information is not knowledge. The world is drowning in information but is slow in acquisition of knowledge. There is no substitute for knowledge.

You have to get buy-in as a leader, instead of demanding adherence to management. Phil Jackson sought Michael Jordan's support before installing the triangle offense.