Quotes About Management

top of the pinnacle came the pilot, who plotted the ship's route; the master, who supervised the precious cargo;

emotions are a nuisance during business hours, and all his hours are business hours.

in most hierarchies, super-competence is more objectionable than incompetence." He warned that extremely skilled and productive employees often face criticism, and are fired if they don't start performing worse. Their presence "disrupts and therefore violates the first commandment of hierarchical life: the hierarchy must be preserved.

Given enough time—and assuming the existence of enough ranks in the hierarchy—each employee rises to, and remains at, his level of incompetence.

In time, every post tends to be occupied by an employee who is incompetent to carry out its duties.

All, from police forces to armed forces, are rigid hierarchies of salaried employees, and all are necessarily cumbered with incompetents who cannot do their existing work, cannot be promoted, yet cannot be removed.

La supercompetencia conduce a menudo al despido, porque transtorna la jerarquía y viola con ello el primer mandamiento de la vida jerárquica, según el cual la jerarquía debe ser preservada.

In a Hierarchy Every Employee Tends to Rise to His Level of Incompetence

Writing, when properly managed, (as you may be sure I think mine is) is but a different name for conversation.

Rules, boundaries, and limitations

You can't creatively help a business until you know how it works.

A process isn't a process unless it's written down.

Life in battle is like a roll of toilet paper....the more you use it, the less you have left.

Safe yield in West Texas has long been abandoned for economic growth.

And under the contract, management couldn't fire a Teamster unless they had certain grounds. They had none. Stealing was grounds only if they could prove it. Besides, I worked hard for them when I wasn't stealing from them. But

And on the other side of the ledger, unions like the Teamsters often employed their own muscle, their own reigns of terror, including bombings, arsons, beatings, and murders. The warfare and violence were not just between labor and management. It was often between rival unions vying for the same membership. Sadly, it was often violence directed at rank-and-file union members who urged democratic reform of their unions. The

whose foundation, being fraud, illusion, credulity, and infatuation, fell to the ground as soon as the artful management of its directors was discovered.

Doing thousands of little things, day after day, inching along as consistently as you can, in the right direction as best you can tell, is management—and motivating or inspiring everyone to work together for long-term purpose is leadership.

Before examining the many powerful changes in the investment climate, let's remind ourselves that active investing is, at the margin, always a negative-sum game. Trading investments among investors would by itself be a zero-sum game, except that the large costs of management fees and expenses plus commissions and market impact must be deducted. These costs total in the billions every year. Net result: Active investing is a seriously negative-sum game. To

The great leaders have always stage-managed their effects.

How can you govern a country which has 246 varieties of cheese?

How can anyone govern a nation that has 246 different kinds of cheese?

How can you govern a country with two hundred and forty six varieties of cheese?

To govern is always to choose among disadvantages.