Quotes About Management

Capital can do nothing without brains to direct it.

I am convinced that companies should put staff first, customers second and shareholders third - ultimately that's in the best interest of customers and shareholders.

The skilful employer of men will employ the wise man, the brave man, the covetous man, and the stupid man.

The attempt to combine wisdom and power has only rarely been successful and then only for a short while.

A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business

The mind is a wonderful servant, but a terrible master.

Accumulated wealth is saved by spending just as incoming fresh water is saved by letting out stagnant water.

Life's managed, not cured.

Leadership shows judgment, wisdom, personal appeal and proven competence.

No one can hold absolute power for long, controlled power endures.

tener un jefe amable no necesariamente significa que tenga un buen jefe, y mucho menos que sea capaz de darle un verdadero empujón a su carrera.

Un quinto y último atributo del superjefe —y una extensión natural de la integridad— es la autenticidad. Muchos jefes cultivan una imagen para beneficio de sus informes. Mantienen una rienda corta sobre sus personalidades, guardándose su "verdadero" yo para cuando están fuera de la oficina. Los superjefes no hacen eso.

Everybody manages one way or another; everyone who is alive and reading this book has managed.

If you can provide the funding and you get the leadership, you'll have a competitive team.

Reason and judgment are the qualities of a leader.

To err is human, to blame it on somebody else shows management potential.

Only the Gemba Can Do Cost Reduction

To implement the Toyota production system in your own business, there must be a total understanding of waste. Unless all sources of waste are detected and crushed, success will always be just a dream.

It is important to know when to delegate authority.

Most people don't care who's in charge as long as someone is.

We start to regulate an upsetting emotion the moment we become aware of it.

Morningstar is also a good source for finding out what a particular mutual fund's turnover rate is.

Burton Malkiel, professor of economics, Princeton University and author of A Random Walk Down Wall Street: "Through the past thirty years more than two-thirds of professional portfolio managers have been outperformed by the unmanaged S&P 500 Index.

Paul Samuelson, first American to win the Nobel Prize in Economic Science: "The most efficient way to diversify a stock portfolio is with a low fee index fund. Statistically, a broadly based stock index fund will outperform most actively managed equity portfolios.