Quotes About Management

Let me explain in management terms: police chiefs need to look at the numbers of each type of crime, over time, to know whether their strategy is working. The manager of a business cannot see the complete health of the company by looking at specific orders from specific customers; he or she needs to have things aggregated as revenues, costs, and profits.

The reason good managers strive for focus in their organizations is that processes and tasks can be readily aligned.

So I proposed to give the people scientific government…a business administration. An administration that would have run the government exactly as a successful businessman runs his business. The people would have resented it if I had told them they didn't know how to run their affairs. There was only one way to do it…gain control and force it down their throats.

Mr Chubb did not so much mind his subordinates being impertinent–that was, after all, a form of acknowledging inferiority; what he dreaded was that any of them might say something really funny without his recognising it.

She admitted that his nerves were ragged. 'But why?' asked Reich. Surely things were going excellently for the company. 'Oh yes,' she said. 'But when a man is President of a concern as big as A.I.U., he gets into the habit of worrying, and sometimes can't stop.

He paid his people for their intellect and their opinions, not to play it safe until the answer was obvious.

Sometimes there's no way to win. The only thing you can do is manage your losses.

blue ocean strategy is a theory of market creation

We don't have a theory of strategy creation

The first involves streamlining operations and introducing cost innovations from manufacturing to distribution.

Effective blue ocean strategy should be about risk minimization and not risk taking

Disengaged employees are an unfortunate reality in the workplace, and poor leadership is often to blame.

Organizational politics is an inescapable reality of corporate and public life.

This is a trap many companies fall into. Lacking a holistic understanding of strategy

A main cause of employee disengagement is poor leadership

Cómo la estrategia moldea la estructura» explica la forma de seleccionar el enfoque correcto y, sea cual sea la estrategia seleccionada, cómo alinear tres propuestas estratégicas: una propuesta de valor que atraiga a los compradores, una propuesta de beneficio que permita a la compañía ganar dinero con esta propuesta de valor, y una propuesta a las personas que motive a los que trabajan con o para la compañía a ejecutar la estrategia.

As of yet there has been no theory or process for true strategy creation.

When I reach a place where I have implicit confidence in God's ability to manage not only the affairs of the world but also mine, as I entrust them to Him, I will have found the place of rest.

People are difficult to govern because they have too much knowledge.

A good manager is best when people barely know that he exists. Not so good when people obey and acclaim him. Worse when they despise him.

The secret was that I could conduct the different parts of my life in the different parts of the house and ignore the fact that they didn't work as a whole.

The behavior of a business's leaders is, ultimately, the behavior of the organization. As such, it's the foundation of the culture.

You must be in charge from the start of each cycle, to the reviews, and to the follow-up steps you take to make sure the things that are supposed to happen do, in fact, happen. This is how you acquire both the knowledge and the authority to run the business as an integrated, reality-based whole. It is how you ultimately assure that all three processes are linked.

KNOW YOUR PEOPLE AND KNOW YOUR BUSINESS. In Execution we stress the need for domain knowledge, the kind of granular understanding of how the business makes money that goes beyond profit and loss statements.