Quotes about Management

Changing leaders is pointless if the same policies are pursued.

A good bureaucracy is the best tool of oppression ever invented.

A bad administrator is more concerned with reports than with decisions. He wants the hard record which he can display as an excuse for his errors." "And good administrators?

It requires good government. That does not depend upon laws or precedent, but upon the personal qualities of whoever governs.

Good administrators make immediate choices." "Acceptable choices?" "They usually can be made to work. A bad administrator, on the other hand, hesitates, diddles around, asks for committees, for research and reports. Eventually, he acts in ways which create serious problems.

Give as few orders as possible,' his father had told him … once … long ago. 'Once you've given orders on a subject, you must always give orders on that subject.

I am not worried about the deficit. It is big enough to take care of itself

Surround yourself with the best people you can find, delegate authority, and don't interfere.

The most precious resource for businesspeople is not their time. It's their energy. Manage it well.

Now, Charlie, here's what you do: on this feature bin you put three for $1.00 panties, and on this one you put four for $1.00. And you put these nylons right in between the two of them. And then watch em sell.' And they did. Like crazy.

He became, really, the best utilizer of information to control absentee ownerships that there's ever been. Which gave him the ability to open as many stores as he opens, and run them as well as he runs them, and to be as profitable as he makes them.

And here it is: the more you share profits with your associates—whether it's in salaries or incentives or bonuses or stock discounts—the more profit will accrue to the company. Why? Because the way management treats the associates is exactly how the associates will then treat the customers. And if the associates treat the customers well, the customers will return again and again, and that is where the real profit in this business lies