Best economic & management Quotes | Short & Famous Sayings

“The great challenge to management today is to make productive the tremendous new resource, the knowledge worker. This, rather than the productivity of the manual worker, is the key to economic growth and economic performance in today's society.”

Today Growth Challenges Business Economic Keys Resources Performances Management Workers Productivity Productive Economic Growth Manuals Knowledge Workers Today's Society

Author:Peter Drucker

“State intervention in economic production arises only when private initiative is lacking or insufficient, or when the political interests of the State are involved. This intervention may take the form of control, assistance or direct management.”

May States Form Political Interest Economic Involved Economics Direct Management Productions Arise Socialism Fascism Initiative Lacking Assistance Intervention Insufficient

Author:Benito Mussolini

“The story of Joseph in Egypt and of the seven fat and the seven lean years has passed into the homely wisdom of the ages; but our economic thinking seems to have lost contact with so simple and basic approach to prudent management of a nations welfare.”

Thinking Years Stories Seems Age Lost Nations Simple Economic Approach Management Seven Fats Contact Welfare Egypt Prudent Homely

Author:Benjamin Graham

“We believe this approach (progress sharing) is a rational approach because you cooperate in creating the abundance that makes the progress possible, and then you share that progress after the fact, and not before the fact. Profit sharing would resolve the conflict between management apprehensions and worker expectations on the basis of solid economic facts as they materialize rather than on the basis of speculation as to what the future might hold.”

“People 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.”

People Failing Economic Management

Author:Margaret Warner

“Real investment risk is measured not by the percent that a stock may decline in price in relation to the general market in a given period, but by the danger of a loss of quality and earnings power through economic changes or deterioration in management.”

May Real Given Loss Quality Risk Economic Danger Periods Percent Relation Management Investment Decline Earning Deterioration Economic Change

Book:The Renaissance of value: the proceedings of a seminar on the economy, interest rates, portfolio management, and bonds vs common stocks, September 18, 1974

Source: The Renaissance of value: the proceedings of a seminar on the economy, interest rates, portfolio management, and bonds vs common stocks, September 18, 1974

“The way in which we can promote peace, is by promoting sustainable management of our resources, equitable distribution of these resources, and that the only way you can actually do that, is that then you have to have a political, economic system that facilitates that. And then you get into the issues of human rights, justice, economic justice, social justice, and good governance or democratic governance. That's how it ties up.”

“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.”

Ifs Looks Father Interest Money Growing Economic Fashion Huge Couple Seasons Management Rate Lazy Keep Going Cash Idle Indication Franklin Interest Rate Liquidity Ben Franklin

Author:Malcolm Forbes

“... business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,--if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life.”

“The gains made by better management and technology are still being outpaced by the environmental impacts of population and economic growth. We are on an unsustainable course.”

Made Stills Courses Growth Technology Economic Gains Management Impact Environmental Population Sustainability Economic Growth Environmental Impact

Author:Klaus Topfer

“We have built a company with a business mix and operating system that will allow us to deliver record results in any foreseeable economic climate, ... We have just completed a very successful management transition and I've never been more confident about the company's future.”

Inspirational Results Company Successful Records Economic Built Management Climate Transition Operating Systems Economic Climate

Author:Jack Welch

“If 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.”

People Ifs Kind Doe Force Economic Industry Waste Management University Elsewhere Layers Domination Administrative

Author:Noam Chomsky

“Moreover, for decades we have been prone to far greater swings in the economic cycle than our continental counterparts. It has been boom and bust....Under this Government, there is an entirely new framework for economic management in place.”

Has Beens Government Greater Economic Management Decades Cycles Swings Framework Counterparts Continental

Author:Tony Blair

“Indeed, Britain was set to repeat the old, familiar cycle of boom and bust. Since then, we have created and rigorously adhered to a new framework of modern economic management”

Economic Modern Management Familiar Repeats Britain Cycles Framework

Author:Gordon Brown

“In the current situation, particular attention should be given to the quality of financial and economic management. The Government and the Central Bank should have a strategic action plan”

Should Government Action Given Attention Quality Situation Plans Economic Particular Should Have Management Financial Currents Strategic Central Banks Current Situation

Author:Tatyana Golikova

“The short-term problems are economic - royalties, unions, irresponsible management. The long-term problems are artistic, and they started 40 years ago with the advent of television and the upgrading of films.”

Years Long Problem Film Term Economic Television Years Ago Management Unions Artistic Long Term Royalty Short Term Irresponsible Advent Upgrading

Author:Emanuel Azenberg

“In Egypt the neoliberal programs have meant statistical growth, like right before the Arab Spring, Egypt was a kind of poster child for the World Bank and the IMF [International Monetary Fund:] the marvelous economic management and great reform. The only problem was for most of the population it was a kind of like a blow in the solar plexus: wages going down, benefits being eliminated, subsidized food gone and meanwhile, high concentration of wealth and a huge amount of corruption.”

“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.”

Should Wells Facts Action Economic Economics Responsible Management Why Not Principal Shareholders Stakeholder

Author:Noam Chomsky

“According to the management expert Peter F. Drucker, the term "entrepreneur" (from the French, meaning "one who takes into hand") was introduced two centuries ago by the French economist Jean-Baptiste Say to characterize a special economic actor-not someone who simply opens a business, but someone who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield." The twentieth-century growth economist Joseph A. Schumpeter characterized the entrepreneur as the source of the "creative destruction" necessary for major economic advances.”

Source: How to Change the World: Social Entrepreneurs and the Power of New Ideas

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Economic Quotes