Management Quotes - Page 13

• The problem that we, as living organisms, face - and not we only, humans, but any living organism faces - is the management of life.

  Antonio Damasio

  Faces, Problem, Humans

  "The Evolving Minds Of Humans". "Science Friday" with Ira Flatow, www.npr.org. November 12, 2010.

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• My curse on plays
  That have to be set up in fifty ways,
  On the day's war with every knave and dolt,
  Theater business, management of men.

  William Butler Yeats

  War, Drama, Men

  William Butler Yeats (2000). “The Collected Poems of W. B. Yeats”, p.75, Wordsworth Editions

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• If you have an approach that makes money, then money management can make the difference between success and failure... ... I try to be conservative in my risk management. I want to make sure I'll be around to play tomorrow. Risk control is essential.

  Monroe Trout

  Differences, Play, Risk

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• The most effective leaders of companies in transition are the quiet, unassuming people whose inner wiring is such that the worst circumstances bring out their best. They're unflappable, they're ready to die if they have to. But you can trust that, when bad things are happening, they will become clearheaded and focused.

  James C. Collins

  People, Leader, Transition

  "Good to Great". Book by James C. Collins, 2001.

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• Economy denotes the the proper management of materials and of site, as well as a thrifty balancing of cost and common sense in the construction of works. ...the architect does not demand things which cannot be found or made ready without great expense. For example: it is not everywhere that there is plenty of pitsand, rubble, fir, clear fir, and marble... Where there is no pitsand, we must use the kinds washed up by rivers or by the sea... and other problems we must solve in similar ways.

  Marcus Vitruvius Pollio

  Sea, Rivers, Common Sense

  "De architectura". Book by Vitruvius. Book I, Chapter II, Section 8,

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• When we cooperate, everybody wins.

  W. Edwards Deming

  Winning

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• Managing the other fellow's business is a fascinating game. Trade unionists all over the country have pronounced ideas for the reform of Wall Street banks; and Wall Street bankers are not far behind in giving plans for the tremendous improvement of trade union policies. Wholesalers have schemes for improving the retailer; the retailer knows just what is wrong in the conduct of wholesale business-and we might go through a long list.... Yet for some reason the classes that ought to be helped keep on stubbornly clinging to their own method of running their affairs.

  B. C. Forbes

  Running, Country, Wall

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• This idea of anticipation is key to investing and to business generally. You can't wait for an opportunity to become obvious. You have to think, "Here's what other people and companies have done under certain circumstances. Now, under these new circumstances, how is this management likely to behave?"

  Edward Lampert

  Thinking, Opportunity, Ideas

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• 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 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. Bogle

  Years, Two, People

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• Invest in low-turnover, passively managed index funds... and stay away from profit-driven investment management organizations... The mutual fund industry is a colossal failure... resulting from its systematic exploitation of individual investors... as funds extract enormous sums from investors in exchange for providing a shocking disservice... Excessive management fees take their toll, and manager profits dominate fiduciary responsibility.

  David F. Swensen

  Responsibility, Organization, Systematic

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• People need to know what their jobs are.

  W. Edwards Deming

  Jobs, People, Needs

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• People are entitled to joy in work.

  W. Edwards Deming

  People, Joy, Entitled

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• People learn in different ways: reading, listening, pictures, watching.

  W. Edwards Deming

  Reading, People, Listening

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• When a worker has reached a stable state, further training will not help him.

  W. Edwards Deming

  Training, Helping, States

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• Without theory there is nothing to modify or learn.

  W. Edwards Deming

  Theory

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• Without theory we can only copy.

  W. Edwards Deming

  Theory, Copies

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• You can not plan to make a discovery. You do not plan innovation.

  W. Edwards Deming

  Discovery, Innovation, Plans

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• You can see from a flow diagram who depends on you and whom you can depend on. You can now take joy in your work.

  W. Edwards Deming

  Joy, Flow, Diagrams

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• The care of a house, the conduct of a home, the management of children, the instruction and government of servants, are as deserving of scientific treatment and scientific professors and lectureships as are the care of farms, the management of manure and crops, and the raising and care of stock.

  Catharine Beecher

  Children, Home, Government

  Catharine Esther Beecher (1872). “Woman's Profession as Mother and Educator: With Views in Opposition to Woman Suffrage”, p.26

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• Zero defects is a super highway going down the tube.

  W. Edwards Deming

  Zero, Highways, Defects

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• Most companies spend all their time looking for another management concept and very little time following up the one they have just taught their managers.

  Ken Blanchard

  Littles, Taught, Company

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• Of 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 Fisher

  Needs, Investing, May

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• Managements, you know, often think of themselves.

  Walter Schloss

  Thinking, Investing, Knows

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• 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.

  Mo Udall

  Country, Strong, Believe

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• The message to organizations is this: You have to increase the number of categories of contributing, or the types of career paths, which people can experience as successful. You cannot restrict esteem to the fewer and fewer who will be climbing up the management ladder. You need to have the majority of your people feeling like winners.

  Judith M Bardwick

  Successful, Climbing, Careers

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