Management Of Failure Quotes & Sayings

Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a failure of risk management. There was a failure to recognize how much risk there was in some of these securities that people bought. — Robert F. Engle

Lack of power is a great excuse for failure, but sufficient power is never a necessary condition of leadership. There is never sufficient power. In fact, it is success in the absence of sufficient power that defines leadership. — Tom DeMarco

Many small businesses are doomed from day one, not from competition or the economy, but from the ignorance of their owners ... their destiny is already decided because they have no idea how a business should be operated. — William Manchee

Study the lives of highly successful people from any corner of life, across history, in any environment, and you will discover they share one trait: They keep moving forward. Sometimes slowly. Often with great difficulty. Frequently after painful mistakes, defeats, or failures. Success is less about talent and opportunities, and more about commitment and motivation. — Joe Jordan

The family analogy is the best picture of what a healthy and vibrant church community is supposed to look like. If you think about it, families are perfectly designed for discipleship: constant access, consistent modeling, demonstration, teaching and training, conflict management and resolution, failure, follow-up and feedback. And this should all happen in an attitude and atmosphere of love. Children are raised, parents are matured, and grandparents are valued all at the same time. — Ross Parsley

Failure in the management of practical affairs seems to be a qualification for success in the management of public affairs. — Eric Hoffer

When you are the central character in a seemingly boiling pit of "busy-ness" the time will come when the pace of decline cannot be countered. You build yourself the circumstances of ultimate failure by failing to grow, by failing to act on your learnings. — Tony Curl

Mediocrity results first and foremost from management failure, not technological failure. — James C. Collins

If you want to make better theory, you've got to use the best that's available and look through the lens of another discipline to see if you can uncover more anomalies. By looking at the phenomena of failure from the perspective of sales, marketing, finance, general management, and the equity markets, I was able to see things that Rebecca [Henderson] hadn't. — Clayton Christensen

Failure of management to plan for the future and to foresee problems has brought about waste of manpower, of materials, and of machine-time, all of which raise the manufacturer's cost and price that the purchaser must pay. The consumer is not always willing to subsidize this waste. The inevitable result is loss of market. Loss of market begets unemployment. — W. Edwards Deming

The greatest barrier to success is the fear of failure. — Sven-Goran Eriksson

The worst thing about working retail is that your friends get chosen for you by management. It's the scariest thing about working in the service industry: your coworkers reflect your own failure. — Isaac Jourden

His management philosophy, tempered in his rain-dancing days, was always to give the project to whoever had the most to gain from success
or the most to lose from failure. — Michael Crichton

Invest in low-turnover, passively managed index funds ... and stay away from profit-driven investment management organizations ... The mutual fund industry is a colossal failure ... resulting from its systematic exploitation of individual investors ... as funds extract enormous sums from investors in exchange for providing a shocking disservice ... Excessive management fees take their toll, and manager profits dominate fiduciary responsibility. — David F. Swensen

A basic truth of management - if not of life - is that nearly everything looks like a failure in the middle. — Rosabeth Moss Kanter

The real problem is that most people fear failure, and thus take no action. They really they should be fearful of their thoughts that cause their failure to take action! — Tony Dovale

Every major industry was once a growth industry. But some that are now riding a wave of growth enthusiasm are very much in the shadow of decline. Others that are thought of as seasoned growth industries have actually stopped growing. In every case, the reason growth is threatened, slowed, or stopped is not because the market is saturated. It is because there has been a failure of management. — Theodore Levitt

There are no failures - just experiences and your reactions to them — Tom Krause

Due to the failure of politics, which has become a process of middle-management, art has become one of the last open spaces to question core beliefs and to design a viable future. Art becomes an open space where we can ask fundamental questions about ourselves. — Antony Gormley

Eighty-five percent of the reasons for failure are deficiencies in the systems and process rather than the employee. The role of management is to change the process rather than badgering individuals to do better. — W. Edwards Deming

Too few leaders have the emotional fortitude to take responsibility for failure. — Paul Gibbons

IT - especially with its role so greatly enlarged by the arrival of the Internet - has changed not only how we work and conduct business, but also how we (and our customers) play, how we consume, and how we educate our next generations. And yet the IT phenomenon, so evident in the expenditures of every organization, has not yet achieved management attention equal to other areas, such as finance, marketing, operations, and human resources. In far too many companies, IT remains a black box that business managers rarely try to see inside. When business managers do engage in IT discussions, often they bring little expertise to bear. Few feel apologetic about their IT inadequacies. But the time is coming when "I'm not an IT person" will be no more adequate as a manager's defense in the aftermath of a major corporate problem than Jeff Skilling's now notorious "I'm not an accountant" - that CEOs effort to explain his failure to foresee or prevent Enron's spectacular implosion. — Robert D. Austin

Those who do not appreciate the value of time are celebrity failures. Success is time management. — Moutasem Algharati

Believe you can and you will be halfway there. — Lolly Daskal

It appears that there are enormous differences of opinion as to the probability of a failure with loss of vehicle and of human life. The estimates range from roughly 1 in 100 to 1 in 100,000. The higher figures come from the working engineers, and the very low figures from management. — Richard P. Feynman

Great leaders inspire greatness in others. — Lolly Daskal

It is Basic Management 101 that if you reward failure you are going to get more failure, and if you want success you should reward success. But if you look at the way this administration has approached national security, they have kind of got that principle backwards. — Chris Van Hollen

When, however the elements of this [book] such as time study, functional formanaship etc, are used without being accompanied by the true philosophy of management, the results are in many cases disastrous. And, unfortunately, even [when those] who are throughly in sympathy ... undertake to change too rapidly ... they frequently meet with serious trouble, and sometimes with strikes, followed by failure. — Frederick Winslow Taylor

Our modern day, hyper-rat-race culture often leads us to mistakenly confuse
'busy' for 'success'. The truth of the matter is that if you're constantly having to tell people how busy you are and how overwhelmed with work or stressed you are, what you're really telling them is that you can't cope with what's on your plate. You're 'failing'. — Oli Anderson

I found the concept of hindsight bias fascinating, and incredibly important to management. One of the toughest problems a CEO faces is convincing managers that they should take on risky projects if the expected gains are high enough. Their managers worry, for good reason, that if the project works out badly, the manager who championed the project will be blamed whether or not the decision was a good one at the time. Hindsight bias greatly exacerbates this problem, because the CEO will wrongly think that whatever was the cause of the failure, it should have been anticipated in advance. And, with the benefit of hindsight, he always knew this project was a poor risk. What makes the bias particularly pernicious is that we all recognize this bias in others but not in ourselves. — Richard H. Thaler

If you have an approach that makes money, then money management can make the difference between success and failure ... I try to be conservative in my risk management. I want to make sure I'll be around to play tomorrow. Risk control is essential. — Monroe Trout

The punch line is 'knock the morale of an employee and organizational productivity is punctured'. — Henrietta Newton Martin