Business quotes

From Motley Bytes Wiki
Jump to: navigation, search

Warren_Buffett

Money Versus Business

“So as a practical matter we need management with the businesses that we buy and three times out of four thereabouts the manager is the owner and is receiving tens of millions maybe hundreds of millions of dollars so they don't have to work and we have to decide in that time when we meet them whether they love the business or love money... I'm not making a moral judgment about whether it's better to love the business or love money but it's very important for me to know which which of the two is the primary motivator with them... so all all we have to do is avoid anything that on our part that diminishes that love of the business or makes other conditions so intolerable that they overcome that love of the business. We have a number of people working for us that have no financial need to work at all and they probably outwork 95 percent or more of the people in the world and they do it because they just they love smacking the ball.”
Keywords: Practical_quotes Matter_quotes Management_quotes Business_quotes Owner_quotes Receive_quotes Money_quotes Work_quotes Decide_quotes Love_quotes Morality_quotes Judgment_quotes Knowledge_quotes Diminish_quotes Motivator_quotes Primary_quotes Avoid_quotes Condition_quotes Intolerable_quotes Overcome_quotes People_quotes Financial_quotes Need_quotes Outwork_quotes Do_quotes Smack_quotes Ball_quotes

Samuel_Butler

Scientific Mind

"The best class of scientific mind is the same as the best class of business mind. The great desideratum in either case is to know how much evidence is enough to warrant action. It is as unbusiness-like to want too much evidence before buying or selling as to be content with too little. The same kind of qualities are wanted in either case. The difference is that if the business man makes a mistake, he commonly has to suffer for it, whereas it is rarely that scientific blundering, so long as it is confined to theory, entails loss on the blunderer. On the contrary it very often brings him fame, money and a pension. Hence the business man, if he is a good one, will take greater care not to overdo or underdo things than the scientific man can reasonably be expected to take."
  • Source: Samuel Butler, Henry Festing Jones (ed.), The Note-Books of Samuel Butler (1917), 217.
Keywords: Mind_quotes Science_quotes Business_quotes Evidence_quotes Action_quotes Desire_quotes Mistake_quotes Suffering_quotes Theory_quotes Fame_quotes Money_quotes Best_quotes Desideratum_quotes Warrant_quotes Buy_quotes Sell_quotes Content_quotes Difference_quotes Blunder_quotes Pension_quotes Overdo_quotes Underdo_quotes

Ray_Cummings

Time Happening

“The Big Business Man smiled. ‘Time,’ he said, ‘is what keeps everything from happening at once.’”
  • Alternative: “Time is what keeps everything from happening at once.”
Keywords: Time_quotes Causality_quotes Business_quotes Smile_quotes Keep_quotes Happen_quotes Once_quotes Simultaneous_quotes Everything_quotes

Arthur_Conan_Doyle

Know Things Others Overlook

“It is my business to know things. Perhaps I have trained myself to see what others overlook. If not, why should you come to consult me?”

Keywords: Business_quotes Knowledge_quotes Train_quotes See_quotes Observation_quotes Overlook_quotes Consult_quotes

Peter_Drucker

Free Enterprise

“Free enterprise cannot be justified as being good for business. It can be justified only as being good for society.”
  • Source: Peter Drucker, “The Practice of Management” New York, Harper, 1st ed. 1954 ; Routledge, 2012, p. 41.
Keywords: Free_quotes Enterprise_quotes Justification_quotes Good_quotes Business_quotes Society_quotes

Bitch Goddess

"Growth as a goal, to repeat, is delusion. William James, the American philosopher, talked of the 'bitch goddess success.' A philosopher of business today might well talk of the 'bitch goddess growth.'"
  • Source: Peter F. Drucker, “Management: Tasks, Responsibilities, Practices”, New York: Harper & Row, 1973. p. 780.
Keywords: Growth_quotes Goal_quotes Repetition_quotes Delusion_quotes America_quotes Philosophy_quotes Talking_quotes Bitch_quotes Goddess_quotes Philosopher_quotes Business_quotes Today_quotes Might_quotes

Business Purpose Mission and Objectives

“The basic definition of the business and of its purpose and mission have to be translated into objectives.”
  • Source: Peter F. Drucker, “Management: Tasks, Responsibilities, Practices”, New York: Harper & Row, 1973. p. 99.
Keywords: Basic_quotes Definition_quotes Business_quotes Purpose_quotes Mission_quotes Translation_quotes Objectives_quotes

Subordinate Job

“The subordinate's job is not to reform or reeducate the boss, not to make him conform to what the business schools or the management book say bosses should be like. It is to enable a particular boss to perform as a unique individual.”
  • Source: Peter Drucker, “Managing for the Future: The 1990's and Beyond” (1992). p. 138.
Keywords: Subordinate_quotes Job_quotes Reform_quotes Reeducate_quotes Education_quotes Boss_quotes Conformity_quotes Business_quotes School_quotes Management_quotes Book_quotes Like_quotes Enable_quotes Particular_quotes Performance_quotes Uniqueness_quotes Individual_quotes

Max_Ehrmann

Desiderata

Go placidly amid the noise and the haste, and remember what peace there may be in silence. As far as possible, without surrender, be on good terms with all persons.

Speak your truth quietly and clearly; and listen to others, even to the dull and the ignorant; they too have their story.

Avoid loud and aggressive persons; they are vexatious to the spirit. If you compare yourself with others, you may become vain or bitter, for always there will be greater and lesser persons than yourself.

Enjoy your achievements as well as your plans. Keep interested in your own career, however humble; it is a real possession in the changing fortunes of time.

Exercise caution in your business affairs, for the world is full of trickery. But let this not blind you to what virtue there is; many persons strive for high ideals, and everywhere life is full of heroism.

Be yourself. Especially do not feign affection. Neither be cynical about love; for in the face of all aridity and disenchantment, it is as perennial as the grass.

Take kindly the counsel of the years, gracefully surrendering the things of youth.

Nurture strength of spirit to shield you in sudden misfortune. But do not distress yourself with dark imaginings. Many fears are born of fatigue and loneliness.

Beyond a wholesome discipline, be gentle with yourself. You are a child of the universe no less than the trees and the stars; you have a right to be here.

And whether or not it is clear to you, no doubt the universe is unfolding as it should. Therefore be at peace with God, whatever you conceive Him to be. And whatever your labors and aspirations, in the noisy confusion of life, keep peace in your soul. With all its sham, drudgery and broken dreams, it is still a beautiful world. Be cheerful. Strive to be happy.
  • Source: Max Ehrmann [Poem/Author]; 2022/1948/1933/1927 [Dates];
    • 2022 [Book/Version/Date]; “Desiderata” [Title]; Samantha Seebeck [Editor]; Independent [Publisher]; 979-8420409275 [ISBN];
    • 1948 [Book/Version/Date]; Bertha K. Ehrmann [Editor]; Bruce Humphries, Inc. [Publisher/Name]; Boston, MA [Publisher/Location]; First [Edition]; “Desiderata” [Book/Section/Title];
    • 1933-04-05 [Magazine/Version/Date]; “Desiderata” [Title]; Michigan Tradesman [Magazine/Name]; Cover [Magazine/Placement];
    • 1927 [Copyright/Date];
    • 1927/2023 [URL/Version]; WikiSource Desiderate 1927 Version at https://en.wikisource.org/wiki/Desiderata [URL/Link]; 2023 [URL/Retrieved/Date]
Keywords: Composure_quotes Noise_quotes Peace_quotes Silence_quotes Friendliness_quotes Truth_quotes Honesty_quotes Communication_quotes Listening_quotes Ignorance_quotes Story_quotes Aggression_quotes Avoidance_quotes Spirituality_quotes Competition_quotes Vanity_quotes Bitterness_quotes Achievement_quotes Pleasure_quotes Plan_quotes Career_quotes Humility_quotes Time_quotes Business_quotes Deception_quotes Virtue_quotes Heroism_quotes Affection_quotes Cynacism_quotes Love_quotes Disenchantment_quotes Advice_quotes Age_quotes Youth_quotes Maturity_quotes Surrender_quotes Strength_quotes Shield_quotes Misfortune_quotes Imagination_quotes Fear_quotes Fatigue_quotes Loneliness_quotes Discipline_quotes Gentleness_quotes Self_Care_quotes Universe_quotes Children_quotes Tree_quotes Star_quotes Validation_quotes Rights_quotes Destiny_quotes Future_quotes Deity_quotes Labor_quotes Desire_quotes Sham_quotes Drudgery_quotes Dreaming_quotes World_quotes Appreciation_quotes Happiness_quotes Optimism_quotes Cheerfulness_quotes Wisdom_quotes

Forbes_Tech_Council

Business Requirements

“One of the reasons software projects fail is the lack of understanding of the business’ needs... Assigning a seasoned business leader to the project team is essential for success.”
Keywords: Reason_quotes Software_quotes Project_quotes Fail_quotes Lack_quotes Understand_quotes Need_quotes Requirements_quotes Assign_quotes Business_quotes Leader_quotes Team_quotes Essential_quotes Success_quotes

Henry_Ford

Wages

“There is nothing to running a business by custom – to saying: 'I pay the going rate of wages.' The same man would not so easily say: 'I have nothing better or cheaper to sell than any one has.' No manufacturer in his right mind would contend that buying only the cheapest materials is the way to make certain of manufacturing the best article. Then why do we hear so much talk about the 'liquidation of labour' and the benefits that will flow to the country from cutting wages – which means only the cutting of buying power and the curtailing of the home market? What good is industry if it be so unskillfully managed as not to return a living to everyone concerned? No question is more important than that of wages – most of the people of the country live on wages. The scale of their living – the rate of their wages – determines the prosperity of the country.”
  • Source: Henry Ford. A book. Entitled My Life and Work. Written by Henry Ford in collaboration with Samuel Crowther. Published 1922, Garden City, NY: Doubleday. Chapter VIII.
Keywords: Business_quotes Pay_quotes Rate_quotes Wage_quotes Manufacture_quotes Sell_quotes Mind_quotes Buy_quotes Cheap_quotes Material_quotes Liquidation_quotes Labor_quotes Benefit_quotes Cut_quotes Power_quotes Market_quotes Industry_quotes People_quotes Prosperity_quotes Country_quotes Inequality_quotes Nothing_quotes Run_quotes Custom_quotes Say_quotes Man_quotes Easy_quotes Better_quotes Contend_quotes Best_quotes Article_quotes Hear_quotes Talk_quotes Curtail_quotes Home_quotes Management_quotes Living_quotes Question_quotes Important_quotes Scale_quotes Determine_quotes

Eugene_Grace

Initiative

“The man who has in him the stuff of which success is made is never afraid to accept responsibilities; then, when he gets responsibility, he doesn't regard it lightly; nor does he ever seek to shirk the consequences or attempt to blame anyone else when anything goes wrong. My chief difficulty in building up our huge organization is to find men able and willing to take and discharge responsibilities. So many men can only go to the point of doing routine duties; when given tasks requiring initiative and readiness to shoulder responsibility, they continually run to the boss to get instructions. I am constantly on the lookout for fellows who are not afraid to use their own judgment, and, although they may make quite a few mistakes, yet they at least show executive potentialities... Of course there must be more than willingness to accept responsibility and to exercise initiative; willingness must be accompanied by ability, knowledge, and the judgment which can come only from having thoroughly mastered one's business.”
Keywords: Man_quotes Stuff_quotes Success_quotes Fear_quotes Responsibility_quotes Regard_quotes Seek_quotes Consequence_quotes Attempt_quotes Blame_quotes Wrong_quotes Difficulty_quotes Build_quotes Organization_quotes Find_quotes Ability_quotes Willing_quotes Routine_quotes Duty_quotes Task_quotes Initiative_quotes Continuous_quotes Run_quotes Boss_quotes Instruction_quotes Lookout_quotes Judgment_quotes Knowledge_quotes Master_quotes Business_quotes Mistake_quotes Executive_quotes Potential_quotes Shirk_quotes

Cooperation

“In college and universities each student is given problems to work out, always by himself, never in cooperation with others. The present-day method of education may be suitable enough for lawyers, doctors, ministers, etc., but it is certainly not suitable for men who are going to enter engineering, industry, commerce, or business of any kind, where the very soul of success is cooperation with others.”
Keywords: College_quotes University_quotes Education_quotes Student_quotes Problem_quotes Work_quotes Cooperation_quotes Methodology_quotes Lawyer_quotes Doctor_quotes Minister_quotes Suitability_quotes Man_quotes Engineering_quotes Industrial_quotes Commerce_quotes Business_quotes Soul_quotes Success_quotes Method_quotes Suitable_quotes

Grace_Hopper

Never Take First No

“Never, never, never take the first no. There are a certain number of people in business, industry, and government who always say no the first time you suggest something new, because they're lazy. And if they say yes, they're going to have to do something about it. But there's another group, they are even more dangerous in a way, who always say no the first time you say something new or different because they want to see if you believe in it enough to come back and ask again. So never take the first no. Always go back and ask again. As a matter of fact, I take about four no's and then I figure out how to get around the guy, but that technique comes with age. I ran into one of these guys... I noticed he always said no to things the first time. So the next time I went in to suggest something I said ‘let's pretend this is the second time I'm presenting this’. I said, ‘you always say no the first time’. And he looked at me with the funniest expression. I had him over the barrel from then on because I'd just go and say, ‘this is the fourth time I'm requesting this, let's just say yes now’. So never, never, never take the first no on a new concept. It's terribly important that we listen to our youngsters.”
  • Source: Grace Hopper in a lecture delivered 1982-08-19 at the NSA (National Security Agency). Video available at YouTube as “NSA Releases Internal 1982 Lecture by Computing Pioneer Rear Admiral Grace Hopper”, channel The Black Vault Originals, online at <https://youtu.be/_bP14OzIJWI?si=wcUTl04b4p4scY6k>, posted 2024-08, retrieved 2024-08. Quote in video at 26:28.
Keywords: Never_quotes First_quotes Yes_quotes No_quotes Certain_quotes People_quotes Business_quotes Industry_quotes Government_quotes Always_quotes Say_quotes Time_quotes Suggest_quotes New_quotes Lazy_quotes Do_quotes Another_quotes Group_quotes Dangerous_quotes Different_quotes See_quotes Believe_quotes Enough_quotes Come_quotes Back_quotes Ask_quotes Figure_quotes Around_quotes Guy_quotes Technique_quotes Age_quotes Pretend_quotes Second_quotes Present_quotes Look_quotes Funny_quotes Expression_quotes Over_quotes Barrel_quotes Fourth_quotes Request_quotes Now_quotes Concept_quotes Terrible_quotes Important_quotes Listen_quotes Youngster_quotes

Herbert_Simon

Markets and Coordination

“Markets aim to coordinate the decisions and behavior of multitudes of economic actors to guarantee that the quantity of brussels sprouts shipped to market bears some reasonable relation to the quantity that consumers will buy and eat, and that the price at which brussels sprouts can be sold bears a reasonable relation to the cost of producing them. Any society that is not a subsistence economy, but has substantial specialization and division of labor, needs mechanisms to perform this coordinative function. Markets are only one, however, among the spectrum of mechanisms of coordination on which any society relies. [central planning, bargaining and negotiation, business, government, education, balloting procedures]”
Keywords: Market_quotes Aim_quotes Coordination_quotes Decision_quotes Behavior_quotes Multitude_quotes Economics_quotes Actor_quotes Guarantee_quotes Quantity_quotes Brussels_Sprount_quotes Market_quotes Reason_quotes Relational_quotes Consumer_quotes Buy_quotes Eat_quotes Price_quotes Sell_quotes Cost_quotes Production_quotes Society_quotes Subsistence_quotes Economy_quotes Substance_quotes Specialization_quotes Division_quotes Labor_quotes Mechanism_quotes Performance_quotes Function_quotes Spectrum_quotes Reliance_quotes Centralization_quotes Plan_quotes Bargin_quotes Negotiation_quotes Business_quotes Government_quotes Education_quotes Ballot_quotes Procedure_quotes

Organization and Market Economy

“The economic units in capitalist societies are mostly business firms, which are themselves hierarchic organizations, some of enormous size, that make almost negligible use of markets in their internal functioning. Roughly eighty percent of the human economic activity in the American economy, usually regarded as almost the epitome of a "market" economy, takes place in the internal environments of business and other organizations and not in the external, between-organization environments of markets. To avoid misunderstanding, it would be appropriate to call such a society an organization-&-market economy; for in order to give an account of it we have to pay as much attention to organizations as to markets.”
Keywords: Economics_quotes Unit_quotes Capitalism_quotes Society_quotes Business_quotes Firm_quotes Hierarchy_quotes Organization_quotes Enormous_quotes Size_quotes Negligible_quotes Market_quotes Internal_quotes Function_quotes Human_quotes America_quotes Economy_quotes Epitome_quotes Environment_quotes External_quotes Understanding_quotes Appropriate_quotes Account_quotes Pay_quotes Attention_quotes

Decentralization

“Business organizations, like markets, are vast distributed computers whose decision processes are substantially decentralized.”
Keywords: Business_quotes Organization_quotes Market_quotes Vast_quotes Distributed_quotes Computer_quotes Decision_quotes Process_quotes Decentralization_quotes

Design and Analysis

“In view of the key role of design in professional activity, it is ironic that in this century the natural sciences almost drove the sciences of the artificial from professional school curricula, a development that peaked about two or three decades after the Second World War. Engineering schools gradually became schools of physics and mathematics; medical schools became schools of biological science; business schools became schools of finite mathematics. The use of adjectives like 'applied' concealed, but did not change, the fact. It simply meant that in the professional schools those topics were selected from mathematics and the natural sciences for emphasis which were thought to be most nearly relevant to professional practice. It did not mean that design continued to be taught, as distinguished from analysis.”
Keywords: View_quotes Key_quotes Role_quotes Design_quotes Professional_quotes Activity_quotes Irony_quotes Century_quotes Natural_quotes Science_quotes Drive_quotes Artificial_quotes School_quotes Curriculum_quotes Development_quotes Peak_quotes Decade_quotes World_quotes War_quotes Engineering_quotes Gradual_quotes Physics_quotes Mathematics_quotes Medical_quotes Biology_quotes Business_quotes Finite_quotes Applied_quotes Conceal_quotes Change_quotes Fact_quotes Simplicity_quotes Meaning_quotes Topic_quotes Selection_quotes Emphasis_quotes Thinking_quotes Near_quotes Relevance_quotes Practice_quotes Continue_quotes Teaching_quotes Analysis_quotes

Loss of Design Damage

“The damage to professional competence caused by the loss of design from professional curricula gradually gained recognition in engineering and medicine and to a lesser extent in business.”

Keywords: Damage_quotes Professional_quotes Competence_quotes Cause_quotes Loss_quotes Design_quotes Curriculum_quotes Gradual_quotes Gain_quotes Recognition_quotes Engineering_quotes Medical_quotes Business_quotes

Patrick_Vlaskovits

Faster Horse

“However, even if Ford didn’t verbalize his thoughts on customers’ ostensible inability to communicate their unmet needs for innovative products — history indicates that Henry Ford most certainly did think along those lines... Henry Ford froze the design of the Model T... Ford had no compelling reason to innovate in any other sphere other than cost and price reduction... But everything changed with the onset of the innovations introduced by General Motors in the 1920s, which took the direct opposite of Henry Ford’s tack of “Any color … so long as it is black” and is best summed up by Alfred Sloan’s consumer-research driven “A Car for Every Purse and Purpose”... In 1921, the Ford Motor Company sold about 2/3 of all the cars built in the U.S. By 1926, this share had fallen to approximately 1/3. And in 1927, when Ford belatedly responded (at tremendous financial cost and internal strife) to changes in the market’s tastes and competitive innovation by shutting down production temporarily to re-tool his factories and bring the Model A to the market, that percentage fell to about 15%... Yes, some customers in certain types of businesses are quite capable of verbalizing precisely what sort of innovative product one could build and sell them. And of course, customers in other types of businesses are wholly incapable of verbalizing, with any sort of fidelity whatsoever, what they need and why they need it. An innovator should have understanding of one’s customers and their problems via empirical, observational, anecdotal methods or even intuition. They should also feel free to ignore customers’ inputs. Because by now it should be clear that Ford’s adherence to his vision of the mass-market car and how to materialize that vision was instrumental in both his early success in growing Ford Motor Company as well as his later failure to respond in a timely and effective manner to rapid innovation in the marketplace.”'
Keywords: Ford(topic)_quotes Sloan(topic)_quotes Verbalize_quotes Thinking_quotes Customer_quotes Requirements_quotes Ostensible_quotes Inability_quotes Communication_quotes Unmet_quotes Need_quotes Innovation_quotes Product_quotes History_quotes Freeze_quotes Design_quotes Model_T_quotes Automobile_quotes Compel_quotes Sphere_quotes Cost_quotes Price_quotes Reduction_quotes Change_quotes General_Motors_quotes Consumer_quotes Research_quotes Opposite_quotes Color_quotes Black_quotes Car_quotes Purse_quotes Ford_Motor_quotes Build_quotes United_States_quotes Share_quotes Market_quotes Belated_quotes Respond_quotes Tremendous_quotes Financial_quotes Internal_quotes Strife_quotes Taste_quotes Competition_quotes Shut_quotes Production_quotes Tool_quotes Factory_quotes Model_A_quotes Percentage_quotes Type_quotes Business_quotes Capable_quotes Precise_quotes Sort_quotes Sell_quotes Incapable_quotes Fidelity_quotes What_quotes Why_quotes Understand_quotes Problem_quotes Empirical_quotes Observation_quotes Anecdotal_quotes Method_quotes Intuition_quotes Feel_quotes Free_quotes Ignore_quotes Input_quotes Clear_quotes Adherence_quotes Vision_quotes Mass_quotes Innovator_quotes Materialize_quotes Instrumental_quotes Success_quotes Early_quotes Grow_quotes Later_quotes Failure_quotes Timely_quotes Effective_quotes Manner_quotes Rapid_quotes Marketplace_quotes Horse_quotes Faster_quotes

Edward_Yourdon

Better Business

“To stay in business, you have to be better — better than you were last year, better than you were yesterday. But you can't improve if you don't know your current situation.”
  • Source: Edward Yourdon in the book “Decline and Fall of the American Programmer”. Published in 1992 by Prentice Hall. ISBN: 0-13-203670-3. Chapter 3, section 7.1, page 170.
Keywords: Metric_quotes Stay_quotes Business_quotes Be_quotes Better_quotes Year_quotes Last_quotes Yesterday_quotes Improve_quotes Know_quotes Current_quotes Situation_quotes

Shoshana_Zuboff

Life at the Data Interface

“Life at the data interface invites the worker into the abstract precincts of managerial work. It provides access to a broader view of the business as well as a deepened understanding of one's tasks and their role in the wider sphere of organizational functions. When work becomes synonymous with responsiveness to data, it engenders inquiry and dialogue, thus opening the way for workers to envision new possibilities and fresh alternatives to the reigning definitions of process, product, and organization.”
  • Source: Zuboff, S. (1988). In The Age Of The Smart Machine: The Future Of Work And Power. New York, NY: Basic Books, p. 301. ISBN:0465032125.
Keywords: Life_quotes Data_quotes Interface_quotes Work_quotes Organization_quotes Function_quotes Responsive_quotes Inquiry_quotes Dialogue_quotes Possibility_quotes Alternative_quotes Definition_quotes Process_quotes Product_quotes Invite_quotes Worker_quotes Abstract_quotes Precinct_quotes Management_quotes Provide_quotes Access_quotes Broad_quotes View_quotes Business_quotes Deep_quotes Understand_quotes Task_quotes Role_quotes Sphere_quotes Wide_quotes Synonymous_quotes Engender_quotes Open_quotes Way_quotes Envision_quotes Reign_quotes
Retrieved from "https://motleybytes.com/wiki/index.php?title=Business_quotes&oldid=44333"