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Management Quotes

“You're missing it. This is not a one-man show. What's reinvigorating this company is two things: One, there's a lot of really talented people in this company who listened to the world tell them they were losers for a couple of years, and some of them were on the verge of starting to believe it themselves. But they're not losers. What they didn't have was a good set of coaches, a good plan. A good senior management team. But they have that now.”

“There 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.”

“What have the masses been clamoring for? Jobs and welfare, and they got 'em. They've also got unions and managements like two armies converting the whole economy into a battleground with the customers as victims, except that the victims are also in the army. They think in battle terms by day and like customers at night.”

“If I owned any of these Hot New Issues that have doubled, tripled, quintupled or umptupled within days and in some cases hours after they were issued, I most certainly would grab my fabulous windfall, thank my lucky stars and invest the money. It's utter nonsense to think any newly issued stock is really worth two, ten or 20 times the [offering] price.... A management so stupid as to sell shares [cheap], and an underwriter so obtuse as not to discern the real value, together would provide reason enough for a sensible man to get rid of his shares.”

“While most of today's jobs do not require great intelligence, they do require greater frustration tolerance, personal discipline,organization, management, and interpersonal skills than were required two decades and more ago. These are precisely the skills that many of the young people who are staying in school today, as opposed to two decades ago, lack.”

“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.”

“Dedication and time management are two of the biggest things. I hate being late for anything. If anything, I prefer to be ten minutes early rather than thirty seconds late. I'm also very dedicated and I want to do my best in everything I do. I believe swimming has helped transfer that into my life as well.”

“Management is a far more homely business than its would be scientists suggest, more closely allied to cookery than any other human activity. Like cooking, it rests on a degree of organisation and on adequate resources. But just as no two chefs run their kitchens the same way, so no two managements are the same.”

“You must stop editing--or you'll never finish anything. Begin with a time-management decision that indicates when the editing is to be finished: the deadline from which you construct your revisionary agenda. Ask yourself, 'How much editing time is this project worth?' Then allow yourself that time. If it's a 1,000-word newspaper article, it's worth editing for an hour or two. Allow yourself no more. Do all the editing you want, but decide that the article will go out at the end of the allotted time, in the form it then possesses.”

“On human rights, civil rights and environmental quality, I consider myself to be very liberal. On the management of government, on openness of government, on strengthening individual liberties and local levels of government, I consider myself a conservative. And I don't see that the two attitudes are incompatible.”

“As time goes on, I get more and more convinced that the right method in investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes. It is a mistake to think that one limits one's risk by spreading too much between enterprises about which one knows little and has no reason for special confidence. . . . One's knowledge and experience are definitely limited and there are seldom more than two or three enterprises at any given time in which I personally feel myself entitled to put full confidence.”

“My husband was in the war of the Crimea. It is terrible the hardships he went throughā€š to be two months without going into a houseā€š under the snow in trenches. And no food to getā€š maybe a biscuit in the day. And there was enough food thereā€š he saidā€š to feed all Ireland; but bad managementā€š they could not get it.”

“Often they [writers on the study of management] have a point of view based upon intuition and experience. They then offer a cadence of two-paragraph examples carefully selected to "prove" their theory, and then they write "one size fits all" books. The message is, "If you'd do what these companies did, you'd be successful too."”

“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.”

“I think integrative medicine, something I've pioneered, is the way of the future. Its great promise is that it can reduce healthcare costs by shifting the whole focus of healthcare away from disease management to health promotion and prevention. They can do that two ways: first, by focusing attention on lifestyle medicine, which is very deficient. And second, by bringing into the mainstream treatments that are lower cost because they are not dependent on expensive technology.”

“It is a certainty that Keegan would not have agreed to return unless Mike Ashley had committed to sanctioning a mammoth spending spree. The downside, which Keegan will soon discover, is the law of diminishing returns in a league that is now the richest in the world. The type of multi-million-pound investment that bankrolled the first Newcastle revival under Keegan is now two-a-penny. Buying success just isn't as easy as it used to be. The Premiership's paradox is that the more money there is, the more the art of management gains in value.”

“In life and business, there are two cardinal sins, the first is to act precipitously without thought, and the second is to not act at all. Unfortunately the board of directors and top management of Times Warner already committed the first sin by merging with AOL, and we believe they are currently in the process of committing the second; now is not a time to move slowly and suffer the paralysis of inaction.”

“Our struggle to put first things first can be characterized by the contrast between two powerful tools that direct us: the clock and the compass. The clock represents our commitments, appointments, schedules, goals, activities - what we do with, and how we manage our time. The compass represents our vision, values, principles, mission, conscience, direction - what we feel is important and how we lead our lives. In an effort to close the gap between the clock and the compass in our lives, many of us turn to the field of "time management."”

“We all run on two clocks. One is the outside clock, which ticks away our decades and brings us ceaselessly to the dry season. The other is the inside clock, where you are your own timekeeper and determine your own chronology, your own internal weather and your own rate of living. Sometimes the inner clock runs itself out long before the outer one, and you see a dead man going through the motions of living.”

“People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.”

“Drama is the most difficult of all arts. In it two things are to be satisfied - first, the ears, and second, the eyes. To paint a scene, if one thing be painted, it is easy enough; but to paint different things and yet to keep up the central interest is very difficult. Another difficult thing is stage - management, that is, combining different things in such a manner as to keep the central interest intact.”

“[I]t is easy to regard the mind and the body as two slaves trained to obey the imperial soul.... [I]n this trinity of soul, mind, and body, it is sometimes hard to tell which of the three is at work; and the personality of each of the three parties interferes a good deal with that of each of the others. But if you who read will remember that you are an infinite child of God, and can partake of his nature, and that you have given to you the management and direction of your mind and your body, you will be saved many failures.”