The productivity of work is not the responsibility of the worker but of the manager.
Most of what we call management consists of making it difficult for people to get their work done.
Time is the scarcest resource and unless it is managed nothing else can be managed.
Every three or four years I pick a new subject. It may be Japanese art; it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time.
(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
In all recorded history there has not been one economist who has had to worry about where the next meal would come from.
Above all, innovation is not invention. It is a term of economics rather than of technology.
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