International Institute of Management: Management Training Library

Management Insights

Management Wisdom - 3

It is an immutable law in business that words are words, explanations are explanations, promises are promises but only performance is reality. Harold S. Geneen, businessman On why management sometimes accepts underachievement, "Managing," with Alvin Moscow.

It will generally be found that men who are constantly lamenting their ill luck are only reaping the consequences of their own neglect, mismanagement, and improvidence, or want of application. Samuel Smiles, author

Management is about arranging and telling. Leadership is about nurturing and enhancing. Tom Peters consultant, author

Management is efficiency in climbing the ladder of success; leadership determines whether the ladder is leaning against the right wall. Stephen R. Covey consultant, author

Management manages by making decisions and by seeing that those decisions are implemented. Harold S. Geneen businessman

Management must speak with one voice. When it doesn't management itself becomes a peripheral opponent to the team's mission. Pat Riley basketball coach

Many people equate good management with perfection. This is a fallacy. If perfection could be achieved, there would be no need for management. James L. Hayes Leadership

An economic forecaster is like a cross-eyed javelin thrower: they don't win many accuracy contests, but they keep the crowd's attention. -- Anonymous

Teach a parrot the terms "supply and demand" and you've got an economist. -- Thomas Carlyle

In all recorded history there has not been one economist who has had to worry about where the next meal would come from. -- Peter F. Drucker.

An economist is a man who states the obvious in terms of the incomprehensible. -- Alfred A. Knopf

If all economists were laid end to end, they would not reach a conclusion. -- George Bernard Shaw

A good economist is

Door meten tot weten. (knowledge by measurement) Kammerlingh

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IIM Executive Education and Management Training

IIM experts research, develop and disseminate management-best-practices and learned-lessons from the leading management gurus. For advanced executive education and training opportunities, please refer to IIM Management Training Courses


		Management Insights Management Wisdom - 3 It is an immutable law in business that words are words, explanations are explanations, promises are promises but only performance is reality. Harold S. Geneen, businessman On why management sometimes accepts underachievement, "Managing," with Alvin Moscow. It will generally be found that men who are constantly lamenting their ill luck are only reaping the consequences of their own neglect, mismanagement, and improvidence, or want of application. Samuel Smiles, author Management is about arranging and telling. Leadership is about nurturing and enhancing. Tom Peters consultant, author Management is efficiency in climbing the ladder of success; leadership determines whether the ladder is leaning against the right wall. Stephen R. Covey consultant, author Management manages by making decisions and by seeing that those decisions are implemented. Harold S. Geneen businessman Management must speak with one voice. When it doesn't management itself becomes a peripheral opponent to the team's mission. Pat Riley basketball coach Many people equate good management with perfection. This is a fallacy. If perfection could be achieved, there would be no need for management. James L. Hayes Leadership An economic forecaster is like a cross-eyed javelin thrower: they don't win many accuracy contests, but they keep the crowd's attention. -- Anonymous Teach a parrot the terms "supply and demand" and you've got an economist. -- Thomas Carlyle In all recorded history there has not been one economist who has had to worry about where the next meal would come from. -- Peter F. Drucker. An economist is a man who states the obvious in terms of the incomprehensible. -- Alfred A. Knopf If all economists were laid end to end, they would not reach a conclusion. -- George Bernard Shaw A good economist is Door meten tot weten. (knowledge by measurement) Kammerlingh Page: 1 \| 2 \| 3 IIM Executive Education and Management Training IIM experts research, develop and disseminate management-best-practices and learned-lessons from the leading management gurus. For advanced executive education and training opportunities, please refer to IIM Management Training Courses

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