Quotes About Management

you dispose of a limited budget of attention that you can allocate to activities, and if you try to go beyond your budget, you will fail.

We find that firms with award-winning CEOs subsequently underperform, in terms both of stock and of operating performance. At the same time, CEO compensation increases, CEOs spend more time on activities outside the company such as writing books and sitting on outside boards, and they are more likely to engage in earnings management.

CEOs do influence performance, but the effects are much smaller than a reading of the business press suggests.

She has no evidence for saying that the firm is badly managed. All she knows is that its stock has gone down. This is an outcome bias, part hindsight and part halo effect." "Let's not fall for the outcome bias. This was a stupid decision even though it worked out well.

the likelihood that something will go wrong in a big project is high.

remarkable absence of systematic training for the essential skill of conducting efficient meetings.

Leaders of large businesses sometimes make huge bets in expensive mergers and acquisitions, acting on the mistaken belief that they can manage the assets of another company better than its current owners do.

El exceso de optimismo de los directivos puede atribuirse tanto a sesgos cognitivos (errores en el procesamiento mental de la información) como a presiones organizativas.

Similarly, in whatever enterprise you find yourself, practice predictability. Never impose your mood swings on your associates and customers. They should never be able to discover how your life is going. This is called being professional.

Unfortunately, some leaders use their power to instill fear in employees.

commissioned theft. Or, as Durand liked to describe it, he managed the acquisition of paintings that were not technically for sale.

the world was not a dangerous place spinning rapidly out of control; it was a problem to be managed by men and women of competence and training.

Or, as Durand liked to describe it, he managed the acquisition of paintings that were not technically for sale.

For Rebecca, the world was not a dangerous place spinning rapidly out of control; it was a problem to be managed by men and women of competence and training.

The United States generates less than 1 percent of the plastic waste in oceans. About 90 percent of river-sourced plastic pollution in the oceans comes from uncontrolled dumping into ten rivers in Asia and Africa, which, if properly managed, could dramatically reduce the wastage. Plastic bags and straws may be the most visible use of plastics, but they constitute less than 2 percent of plastics.

Supervisors who bully employees reveal their lack of competence in reasoning.

Maybe I needed sensitivity training. I once signed up for an anger management class, but the instructor pissed me off.

The Democrats seem to be basically nicer people, but they have demonstrated time and again that they have the management skills of celery.

Exxon Valdese, Chernobyl and Three Mile Island had one thing in common: They were all industrial accidents that occurred in the middle of the night involving people with sleep management problems. Insufficient sleep is responsible for billions of dollars of industrial accidents.

Followed close behind predators, improper nutrition is the second leading cause of problems encountered by duck keepers.

Management does not just involve praise--anyone can do that, although many do not. Management also involves looking someone in the eyes and delivering the hard message that the employee has reached too high.

John Maxwell says a budget (for your money) is telling your money where to go instead of wondering where it went. Managing time is the same; you will either tell your day what to do or you will wonder where it went.

The reality is that Murphy doesn't visit as much, but when he does, we hardly notice his presence. When Sharon and I were broke, our heating-and-air system quit, and the repair cost $580. It was a huge, hairy deal. Recently I had a new $570 water heater installed because the old one started leaking, and I hardly noticed. I wonder if the stress relief that your Total Money Makeover provides will allow you to live longer?

I finally realized that results are generated by activities. If I manage my activities then the results I want occur.