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Risk Management Quotes

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Risk Management Quotes

“My first move as the manager of the machine shop was to introduce standardized work.”

Firsts Moving Risk Machines Management Managers Shops Introducing Risk Management Machine Shop

Author:Taiichi Ohno

“Lead yourself, lead your superiors, lead your peers, and free your people to do the same. All else is trivia.”

People Risk Management Superiors Peers Risk Management Trivia

Author:Dee Hock

“Changes made by management today make no improvement.”

Made Today Risk Management Improvement Risk Management

Author:Peter R. Scholtes

“To copy is to invite disaster.”

Risk Management Disaster Copies Invites Risk Management

Author:W. Edwards Deming

“Successful problem solving requires finding the right solution to the right problem. We fail more often because we solve the wrong problem than because we get the wrong solution to the right problem.”

Problem Successful Failing Risk Findings Solutions Management Solve Problem Solving Risk Management

Author:Russell L. Ackoff

“No one can measure the loss of business that may arise from a defective item that goes out to a customer.”

May Loss Risk Management Customers Arise Items Risk Management Defective

Book:The Essential Deming: Leadership Principles from the Father of Quality

Source: The Essential Deming: Leadership Principles from the Father of Quality

“Quality, productivity, and innovation can be significantly increased if companies provide all employees with practical tools for exploiting potential information”

Ifs Quality Company Risk Information Tools Innovation Management Productivity Practicals Employee Risk Management

Author:William Hunter

“I should estimate that in my experience most troubles and most possibilities for improvement add up to the proportions something like this: 94% belongs to the system responsibility of management 6% special”

Should Responsibility Risk Trouble Special Possibility Management Add Improvement Proportion Risk Management

Author:W. Edwards Deming

“Managers don't like giving appraisals, and employees don't like getting them. Perhaps they're not liked because both parties suspect what the evidence has proved for decades: Traditional performance appraisals don't work.”

Giving Party Risk Evidence Performances Management Decades Traditional Managers Employee Suspects Risk Management Appraisal

Author:W. Edwards Deming

“The most basic problem is that performance appraisals often don't accurately assess performance.”

Problem Risk Performances Management Risk Management Appraisal

Author:W. Edwards Deming

“Possibly the biggest issue, however, is that performance appraisals focus managers attention on precisely the wrong thing: individual people. As W. Edwards Deming, the father of the quality movement, taught a long time ago, company performance often results more from variations in systems than from the individuals doing the work.”

“Management must provide employees with tools that will enable them to do their jobs better, and with encouragement to use these tools. In particular, they must collect data.”

Use Jobs Risk Particular Tools Encouragement Management Data Employee Risk Management

Author:George E. P. Box

“Managers are not confronted with problems that are independent of each other, but with dynamic situations that consist of complex systems of changing problems that interact with each other. I call such situations messes. Problems are extracted from messes by analysis. Managers do not solve problems, they manage messes.”

Problem Situation Risk Independent Management Complexes Solve Manage Mess Managers Analysis Risk Management Complex Systems

Author:Russell L. Ackoff

“Most corporate mission statements are worthless. They consist largely of pious platitudes such as: "We will hold ourselves to the highest standards of professionalism and ethical behavior." They often formulate necessities as objectives; for example, "to achieve sufficient profit." This is like a person saying his mission is to breathe sufficiently.”

Source: Management in Small Doses

“One of the responsibilities faced by the Environmental Genome Project is to provide the science base upon which society can make better informed risk management decisions.”

Science Decision Responsibility Risk Projects Management Environmental Risk Management Genome Genome Project

Author:Samuel Wilson

“The mistake...was attributed in part to the fact that employees called the 3-year note 'Losh' and the 5-year note 'Bosh'. The comic mixing of 'Loshes' and 'Boshes' sounded more like a Dr. Seuss children's book than a cutting-edge risk-management operation.”

Years Children Book Facts Mistake Cutting Risk Management Notes Edges Comic Operations Employee Drs Mixing Risk Management Children's Books Cutting Edge

Author:Frank Partnoy

“Maybe we should teach schoolchildren probability theory and investment risk management.”

Should Teach Risk Theory Management Investment Probability Risk Management Probability Theory

Author:Andrew Lo

“Everything that can be counted does not necessarily count; everything that counts cannot necessarily be counted.”

Love Life Inspirational Doe God Spiritual Science Decision Positive Intelligence Risk Management Evaluation Everything Happens For A Reason Valuation

Author:Albert Einstein