Management Quotes

Leaders must balance the need for diversity in counsel, unity in command.
— Cyrus the Great

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Managing strengths and differences is far more difficult than pointing out weaknesses and requiring conformity.
— Jack Falvey

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A trademark plays defense. It’s the way that you protect what you’ve already built up. It’s your copyright, your patents, your table stakes. But a trustmark plays offense. It’s the emotional connection that lets you go out and conquer the world!
— Kevin Roberts (CEO, Saatchi & Saatchi)

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A decision is the action an executive must take when he has information so incomplete that the answer does not suggest itself.
— Admiral Radford

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High office teaches decision-making not substance. It consumes intellectual capital; it does not create it. Most high officials leave office with the perceptions and insights with which they entered; they learn how to make decisions but not what decisions to make.
— Henry Kissinger

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90% of any decision is emotional. The rational part of us supplies the reason for supporting our predilections.
— W. Douglas, US Supreme Court

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Of all the persistently good companies we studied in Good to Great, only one was led by a CEO who had an MBA. The most common academic background, oddly enough, was law. I asked one of the CEOs how law school helped prepare him to be a business leader, and he replied, “It taught me to ask the right questions rather than come up with the right answers.”
— Jim Collins

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Why do so many people cling so hard to the notion of efficient markets? Andrew Lo, an economist at MIT, suggests that they may be suffering from a “peculiar psychological disorder known as ‘physics envy’…We would love to have three laws that explain 99% of economic behaviour; instead, we have about 99 laws that explain maybe 3% of economic behaviour. Nevertheless, we like to talk as if we are dealing with physical phenomena.”
— Andrew Lo

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All men dream: but not equally. Those who dream by night in the dusty recesses of their minds wake in the day to find that it was vanity: but the dreamers of the day are dangerous men, for they may act their dream with open eyes, to make it possible.
— T.E. Lawrence (Lawrence of Arabia)

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