Management is doing things right; leadership is doing the right things.
... Any pension fund manager who doesn't have the vast majority-and I mean 70% or 80% of his or her portfolio-in passive investments is guilty of malfeasance, nonfeasance or some other kind of bad feasance!
The key to management is to get rid of the managers.
When John (Giles) was manager of Ireland, much as he loved me, he still dropped me.
If your actions inspire others to dream more, learn more, do more and become more, you are a leader.
Remember the difference between a boss and a leader. A boss says, Go! A leader says, Let's go!
The best executive is one who has sense enough to pick good people to do what he wants done, and self-restraint enough to keep from meddling with them while they do it.
Even if you're on the right track, you'll get run over if you just sit there.
Good management is the art of making problems so interesting and their solutions so constructive that everyone wants to get to work and deal with them.
If you think you can't, you're right.
If you can't describe what you are doing as a process, you don't know what you're doing.
Most of what we call management consists of making it difficult for people to get their work done.
People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.
Leaders don't create followers, they create more leaders.
Management is, above all, a practice where art, science, and craft meet
Managers tend to pick a strategy that is the least likely to fail, rather then to pick a strategy that is most efficient," Said Palmer. " The pain of looking bad is worse than the gain of making the best move.
Plans are only good intentions unless they immediately degenerate into hard work.
It is not the employer who pays the wages. Employers only handle the money. It is the customer who pays the wages.
There is nothing so useless as doing efficiently that which should not be done at all.
Good leadership consists of showing average people how to do the work of superior people.
Commercialism is doing well that which should not be done at all.
Get the right people. Then no matter what all else you might do wrong after that, the people will save you. That's what management is all about.
A manager sets objectives - A manager organizes - A manager motivates and communicates - A manager, by establishing yardsticks, measures - A manager develops people.
Leaders are people who do the right thing: managers are people who do things right. Both roles are crucial, but they differ profoundly. I often observe people in top positions doing wrong things well.
If you always do what you did, you'll always get what you got.
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