Popular quotes about Management! Wisdom and inspiration are here! | page 83
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 ForbesI think there are probably too many asset management companies in the world, and I think the place to be is either big or small. The area where it is probably more difficult to be is in the middle ground, where you've got that cost of regulation, you've got the cost of buying your own research, you've got all the costs of running an asset management company without the benefits of a big income producing asset.
Martin GilbertManagement and entrepreneurship are only two different dimensions of the same task. An entrepreneur who does not learn how to manage will not last long. A management that does not learn to innovate will not last long.
Peter DruckerI have long believed these types of collaborative agreements are a far better approach to federal land management than the contentious battles that too often sidetrack proper resource management.
Michael K. SimpsonManagement, in the sense of employer, is merely the agent for the public, the stockholders and the employees. It is management's job to preserve the balance fairly between all these interests, that each may have his fair share without imperiling the continuity of the effort upon which the whole depends.
James F. Bell, IIIThe 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 DruckerThe first myth of management is that it exists. The second myth of management is that success equals skill.
Robert HellerThe torture and other sadistic abuses of prisoners in Iraq have done immense damage already to America's reputation in the world, and the worst may be yet to come. Shamefully, we now learn that Saddam's torture chambers reopened under new management: U.S. management.
Edward KennedyWhat 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 would hope that American managers-indeed, managers worldwide-continue to appreciate what I have been saying almost from day one: that management is so much more than exercising rank and privilege, that it is much more than "making deals." Management affects people and their lives.
Peter DruckerAll 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 CooneyLife 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 SharmaWhat I find in a creative company is while there is a desire to build a management foundation that can feel clear and consistent, the unique product we're in Illumination Entertainment making doesn't always allow for that. So rather than following management strategy that talks about building your structure and then staffing that structure, I tend to build the structure around the strengths of the individual people we have.
Christopher MeledandriNo one has more time than you have. It is the discipline and stewardship of your time that is important. The management of time is the management of self; therefore if you manage time with God, he will begin to manage you.
Jill BriscoeContemporary technology could be used to eliminate ownership and management of corporations. It could be used to provide - lets say Apple computers. In principle information technology could be used to provide direct information to the work force on the ground so that they could democratically decide what the company would do, eliminating the role of management. It could be used for that. People aren't developing technology for that purpose.
Noam ChomskyBoundaries and risk management are very important parts of living a healthy and positive life.
Bryant H. McGillI had in effect been thrown out of graduate school because I was a lousy graduate student, and I had to find a job, and I took the first job that came along. It happened to be a management trainee job in a life insurance company, and I just stayed. It was always, mainly, the idea was that I would support myself as a writer, and I knew I would have to have some sort of work, and it didn't make a whole lot of difference to me what it was. I mean, I could have been a paper hanger or something for that matter.
Ted KooserThe management question, therefore, is not whether to build a pilot system and throw it away. You will do that. Hence plan to throw one away; you will, anyhow.
Fred BrooksGame 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 EvansFull employment is a socially hazardous goal. In effect, it aspires to restore through political expedients the pre-industrial state of toil that science, engineering, technology and modern management are pledged to overcome.
Louis O. KelsoBeing constantly the hub of a network of potential interruptions provides the excitement and importance of crisis management. As well as the false sense of efficiency in multitasking, there is the false sense of urgency in multi-interrupt processing.
Michael FoleyIndeed, better risk management may be the only truly necessary element of success in banking.
Alan GreenspanMany stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.
Warren BuffettControl is not leadership; management is not leadership; leadership is leadership is leadership. If you seek to lead, invest at least 50% of your time leading yourself-your own purpose, ethics, principles, motivation, conduct. Invest at least 20% leading those with authority over you and 15% leading your peers. If you don't understand that you work for your mislabeled 'subordinates,' then you know nothing of leadership. You know only tyranny.
Dee HockAn 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 late W. Edwards Deming, guru of Quality management, once declared, 'The most important things we need to manage can't be measured.' If thatโs true of what we need to manage, it should be even more obvious that itโs true of what we need to teach.
Alfie KohnWhen 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 MaathaiThe president receives an inspector general's report that the Office of Personnel Management could be hacked into; they had antiquated firewalls; 23 million files have been - are in the hands of the Chinese allegedly, including, by the way, members of the press, it turns out, last week. Maybe that's the only part that's good news, so that you guys can get a feel for what it's like now to see this type of attack.
Jeb BushMichael left because of the Bulls' management, not because he'd lost his love of playing the game.
Tiger WoodsNo amount of training in leadership skills, courses in management methods, power titles, promotions, or associations can substitute for the right attitudes.
Myles MunroeThe Kentucky Fried Chicken corporation made a bobble head of me and sent it to my management. No card, nothing.
Patton OswaltMediocrity results first and foremost from management failure, not technological failure.
James C. CollinsThe best discussion of trouble in boardroom and business office is found in newspapers' own financial pages and speeches by journalists in management jobs.
Russell BakerWe 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.
Daniel PaulyThe 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 BuffettIt'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 MungerLeaving wasn't a personal thing where I intentionally wanted to stick it to management or anyone. This is business. I felt I should have been rewarded for helping the Indians turn around a half century of losing. It was a shame they decided to treat me that way, after all I did for them. I helped this team go from one-hundred six losses to basically one-hundred six wins and into the World Series. And what do I get for it? Nothing.
Albert BelleBeing a publicist is like management in a lot of ways - you're their friend, you're their mother, you're their confidante.
Debi MazarI basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management.
Marc RichHigher education is the place where people who had big plans in high school get stuck in fierce rivalries with equally smart peers over conventional careers like management consulting and investment banking. For the privilege of being turned into conformists, students (or their families) pay hundreds of thousands of dollars in skyrocketing tuition that continues to outpace inflation. Why are we doing this to ourselves?
Peter Thiel