Popular quotes about Management! Wisdom and inspiration are here! | page 96
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 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 DruckerThe best way to get a sense of what kinds of emergencies might present themselves in your community is by contacting local chapters of the American Red Cross or offices of emergency management in the region or state. Most large cities will have their own offices of emergency management.
Irwin RedlenerI'm difficult for management. That's why I have the reputation because nobody challenges management.
Keith OlbermannJapanese 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 ImaiTime management is an oxymoron. Time is beyond our control, and the clock keeps ticking regardless of how we lead our lives. Priority management is the answer to maximizing the time we have.
John C. MaxwellIn almost any change there is 20 - 60 - 20. 20% are doing the change and we need to stay out of their way. 20% will never get there (a large percent still go into banks to see tellers vs. ATMs). 60% are in the middle. I think you will always find some companies where the head of HR is not a member of senior management team (bottom 20% and some companies where she or he has always been (top 20%).
Dave UlrichWork 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. 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 BerryThere 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 MousaviThe 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 BrooksIn the old systems, hierarchies emanate power from above to below through forms of line management and are ideologically supported by cosmologies and theologies featuring celestial rulers and their deputies - the 'rule of the best.'
Catherine WilsonIt is not making better people of others that management is about. It's about making a better person of self. Income, power, and titles have nothing to do with that.
Dee HockDuring the whole funding process they said, 'We're interested in you guys because of your management team; we think you're fantastic...' Two weeks later they pull me into the office - before even the first board meeting - and say, 'We want to replace you as CEO.'
Mark FletcherManagement must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so.
Peter DruckerIf Sun were to hand the management of Java over to a committee of monkeys, would it be more successful?
Eric SinkThe 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.
Charlie MungerThe effect of the corporation, under the prevailing policy of the free, go-as-you-please method of organization and management, has been to drive the bulk of our people, other than farmers, out of property ownership; and, if allowed to go on as present, it will keep them out... The paramount problem is not how to stop the growth of property, and the building up of wealth, but how to manage it so that every species of property, like a healthy growing tree will spread its roots deeply and widely in the soil of a popular proprietorship.
Peter S. GrosscupThe 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 KohnAll businesses require capital, management and labor, and business executives, wanting to grow and maintain profitable enterprises, have a strong incentive to keep costs, including labor, as low as possible.
Kevin O'LearyIf insurance companies paid for lifestyle-management classes, they would save huge sums of money. We need to see that alternative medicine is now mainstream.
Deepak ChopraOne, 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 BousheyWhat was the more likely cause of the Oklahoma City bombing: talk radio or Bill Clinton and Janet Renos hands-on management of Waco, the Branch Davidian compound?...Obviously, the answer is talk radio. Specifically Rush Limbaughs hate radio....Frankly, Rush, you have that blood on your hands now and you have had it for 15 years.
Keith OlbermannTyre 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 GrosjeanA technology becomes truly disruptive when it drives the marginal cost of something that used to be scarce and expensive to approach zero. Thus, it used to be to deploy software at scale, you had to fund a data center, buy a set of servers, storage, and networking gear, build an in-house IT management capability, and buy an expensive stack of enabling software before you could even get started. Now you can get all that from Amazon or Microsoft on a pay-as-you-grow model.
Geoffrey MooreThe hedge fund known as "Long Term Capital Management" collapsed last fall through overconfidence in its highly leveraged methods, despite I.Q.'s of its principals that must have averaged 160. Smart people aren't exempt from professional disasters from overconfidence. Often, they just run aground in the more difficult voyages they choose, relying on their self-appraisals that they have superior talents and methods.
Charlie MungerCorporations 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 OstrofskyEvents that are predestined require but little management. They manage themselves. They slip into place while we sleep, and suddenly we are aware that the thing we fear to attempt, is already accomplished.
Amelia BarrTo be honest, the fact that people trust you gives you a lot of power over people. Having another person's trust is more powerful than all other management techniques put together.
Linus TorvaldsSo 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 OdentAdding last-minute features, whether in response to competitive pressure, as a developer's pet feature, or on the whim of management, causes more bugs in software than almost anything else.
John RobbinsIf you have to control people, you have to have an administrative force that does it. So in U.S. industry, even more than elsewhere, there's layer after layer of management - a kind of economic waste, but useful for control and domination. And the same is true in universities.
Noam ChomskyIn the early 1980s, I got into a war with my management - they just kept on sueing me and I lost everything. So I had to go out on tour to make sure the electricity stayed on.
Meat LoafPeople didn't sit and watch television and go, oh, my God, we're failing. So what are they doing in China is, they set up the markets as the test of their own economic management and of this whole theory of economic liberalization.
Margaret WarnerWith 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.
Richard BransonThe 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 GornFit no stereotypes. Don't chase the latest management fads. The situation dictates which approach best accomplishes the team's mission.
Colin PowellWhen I first got money, I went through it like everybody else, because I didn't know. But, right now, I've educated myself and placed smart people around me. I surrounded myself with people who not only are intelligent and effective about finances, taxes, and money management, but they (also) love me.
Steve Harvey