Quotes About Efficiency

I think what has allowed me to be successful is that I can absorb more information than most and drill down to the key business elements of that information and make faster decisions. And of course, I truly try to enjoy every minute of my life. I can never understand why anyone wouldn't.

A committee is a group that keeps minutes and loses hours.

It takes only five minutes to look nice before you go out.

It's a myth that "predatory pricing" exploited American consumers and created business monopolies. ? Thanks to government subsidies, many of America's railroads were often laid on inefficient, circuitous routes. ? Rockefeller, Carnegie, Dow, and other great American businessmen did more for America than all the big-government programs combined.

UPS are replacing fixed daily routes with dynamic ones adjusted in real time for weather and traffic—again with machine learning. Only cognitive technologies can handle all the necessary data. And at some point supply chains may be powered by autonomously driven trucks, which will bring enormous changes to that domain.

There was a certain scientific practicability even in his love-making, and it here came out excellently. 

whilst her chief plan for relieving herself of her diurnal labours lay in postponing them

Majority rule is not "destroyed" by smaller political units. Quite the contrary; it is rendered more efficient in serving the taxpaying public. Majority rule voting will exist in smaller political units even more efficiently than in larger, more centralized ones. That's why Switzerland, with its highly decentralized system of government and with power vested in more than sixty cantons, is arguably the world's most peaceful and prosperous democracy.

Operate your household like a productive business.

The North method took only a few hours. Contrast this with Dr. South's automobile-purchasing crusade—a process that took him at least sixty hours. And, of course, Dr. North likes to keep his cars for a long time. So his allocation of purchasing time is spread over several years. On average, he devotes less than an hour a year to purchasing motor vehicles. But Dr. South likes to buy a new car every year. Thus, his sixty-hour project is typically allocated to only one year. FEARS

NEVER PUT OFF FOR TOMORROW, WHAT YOU CAN DO TODAY

A habilidade mais valiosa é aquela de jamais usar duas palavras quando uma apenas basta.

Someday it'll all be done by machine. Information machines.

People who enjoy meetings should not be in charge of anything.

Weighing benefits against costs is the way most people make decisions — and the way most businesses make decisions, if they want to stay in business. Only in government is any benefit, however small, considered to be worth any cost, however large.

Where recyling takes place only in response to political pressures and exhortations, it need not meet the test of being incrementally worth its incremental costs. Accordingly, studies of government-imposed recycling programs in the United States have shown that what they salvage is usually worth less than the cost of salvaging it.

People who have time on their hands will inevitably waste the time of people who have work to do.

A 1972 study showed that the amount of pollution per mile traveled by horse was a hundred times the amount of pollution per mile traveled by automobile.27 Since the cars produced in later years have had reduced pollution levels, the disparity today would be even greater. It should also be noted that the replacement of horses by automobiles made it possible to "restore more than 80 million acres of forestlands that had once been cleared for horse pasture."28

The fact that work is cheaper in Dubai than in Japan is not just a fluke. Work is more productive in richer countries. That is one of the reasons these countries are generally more prosperous. Selling used equipment from rich countries to poor countries can be an efficient way to handle the situation for both types of countries.

Put in different terms, profit is the price paid for efficiency. Clearly, the increase in efficiency must be greater than the profit, or else socialism would in practice have resulted in more affordable prices and greater prosperity, as its theorists hoped, but the latter never materialized in the real world.

In 21st century China, seven times more energy is used than is used in Japan to produce products of the same value. In this case, the gigantic differences in efficiency have also meant gigantic differences in the standard of living of millions of human beings.

Many rubber estates kept records of the daily output of each tapper, and distinguished between the output of Chinese and Indian workers. The output of the Chinese was usually more than double that of the Indians, with all of them using the same simple equipment of tapping knife, latex cup and latex bucket. There were similar or even wider differences between Chinese, Indian and Malay smallholders. .

Puesto en términos diferentes, el lucro es el precio que se paga por la eficiencia. Claramente, el incremento de la eficiencia debe ser mayor que el lucro, o de lo contrario el socialismo habría provocado, en la práctica, precios más asequibles y mayor prosperidad, como sus teóricos esperaban, pero esto último nunca se materializó en el mundo real.

Existe un motivo por el cual muchas funciones tradicionales del gobierno, como la recogida de basura, o la administración de las prisiones, han sido subcontratadas cada vez más a empresas privadas, con ánimo de lucro. Estas empresas habitualmente realizan el mismo trabajo a menor coste o con mayor calidad, o ambas cosas a la vez.