Management Quotes

In 2006, Yahoo wanted to buy the company for a billion dollars and everyone on our management team wanted to sell it and the board tried to fire me and basically in the next year, everyone else on the management team left because I hadn't done a good job communicating. I don't want to blame them. I hadn't done a good job communicating the long-term vision because I didn't, I wasn't thinking about that at the time.

The most important thing is to keep your team as small as possible.

I think a simple rule of business is, if you do the things that are easier first, then you can actually make a lot of progress.

Working with a lot of people at the same time is a task. I really like making stuff and getting stuff done. One of the things I really liked about Facebook was that I could always move so quickly. I wrote the original application in, like, nine days at the end of January.

Obviously, the highest type of efficiency is that which can utilize existing material to the best advantage.

State intervention in economic production arises only when private initiative is lacking or insufficient, or when the political interests of the State are involved. This intervention may take the form of control, assistance or direct management.

I've not seen an effective manager or leader who can't spend some fraction of time down in the trenches... If they don't do that they get out of touch with reality, and their whole thought and management process becomes abstract and disconnected.

If you manage people for 20 years, or something like that, you pick up things. So I certainly lack experience there, and that's an issue. But I sort of make up for that, I think, in terms of understanding where things are going to go, having a vision about the future, and really understanding the industry I am in, and what the company does, and also sort of the unique position of starting a company and working on it for three years before starting the company.

I think the age is a real issue. It's certainly a handicap in the sense of being able to manage people and to hire people and all these kinds of things, maybe more so than it should be. Certainly, I think, the things that I'm missing are more things that you acquire with time.

Work mixed with management becomes not only easier but more profitable. The time is past when anyone can boast about 'hard work' without having a corresponding result to show for it.

2/3 of our management associates come from our hourly ranks. We put in place academies to help people with education. We've put a dollar a day college program in to help people get college hours if they want to advance their degrees.

Today, Walmart employs about 2.1 million associates. The vast majority of our management team started as an hourly, just like I did. If you walked around here, not just here in Arkansas, but around our company, you would find a lot of people with more than 20 years of service, and you'd find a lot of people who've joined the company to climb up the ladder and create opportunities for themselves.

To the efficacy and permanency of your Union, a Government for the whole is indispensable. No alliances, however strict, between the parts can be an adequate substitute; they must inevitably experience the infractions and interruptions, which all alliances in all times have experienced. Sensible of this momentous truth, you have improved upon your first essay, by the adoption of a Constitution of Government better calculated than your former for an intimate Union, and for the efficacious management of your common concerns.

My life has been largely spent in affairs that required organization. But organization itself, necessary as it is, is never sufficient to win a battle.

It is better to have one person working with you than three people working for you.

We are spending altogether too much money for government services which are neither practical nor necessary. In addition to this, we are attempting too many functions and we need a simplification of what the Federal government is giving the people.

The difference between mere management and leadership is communication.

When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.

When I'm in management meetings when we're deciding my future, those decisions are left up to me. I'm the one who has to go out and fulfill all these obligations, so I should be able to choose which ones I do or not. That's the part of my life where I feel most in control.

My father was a management genius. But what I really wanted was a dad.