Operation Management Quotes & Sayings

The larger Europe grows, the more diverse must be the forms of co-operation it requires. Instead of a centralised bureaucracy, the model should be a market - not only a market of individuals and companies, but also a market in which the players are governments.
Thus governments would compete with each other for foreign investments, top management and high earners through lower taxes and less regulation.
Such a market would impose a fiscal discipline on governments because they would not want to drive away expertise and business.
It would also help to establish which fiscal and regulatory policies produced the best overall economic results.
No wonder socialists don't like it. — Margaret Thatcher

I believe in libertarian options because they allow an interesting management of the capital and are based on co-operation, reciprocity, contract, federation. — Michel Onfray

The scoreboard is strategy focused, and the dashboard is operation oriented. — Pearl Zhu

I have a very simple rule when it comes to management: hire the best people from your competitors, pay them more than they were earning, and give them bonuses and incentives based on their performance. That's how you build a first-class operation. — Donald J. Trump

Technology has also given us greater automation that allows us to take large tasks and turn them into more manageable tasks. The pressure then comes from executive management to be "fully informed and fully engaged" in every aspect of our operation, after all, it's easier than ever to do so! This of course misses the point that those advancements free the leader from the "small" things and allows them to focus on things with bigger impact like, team member development, strategy and other proactive measures. We're missing out on the big picture if we are constantly focused on the small things. — Cameron L. Morrissey

Organizational culture is just like the "Operation System" of the organization, you need reboot periodically to keep it running smoothly. — Pearl Zhu

Business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,
if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life. — Hortense Odlum

Every entrepreneur and every owner of means of production must daily justify his social function through subservience to the wants of the consumers. The management of a socialist economy is not under the necessity of adjusting itself to the operation of a market. It has an absolute monopoly. It does not depend on the wants of the consumers. It itself decides what must be done. It does not serve the consumers as the businessman does. It provides for them as the father provides for his children or the headmaster of a school for the students. It is the authority bestowing favors, not a businessman eager to attract customers. — Ludwig Von Mises

Any successful hospitality operation - be it a hotel or restaurant, chain or independent, low-cost provider or luxury establishment - requires an effectively performing individual operation. You have to attract the right customers, have the service product, set the right price for your product, and provide the right level of service - all the while managing your employees the right way to achieve your goals. This requires a combination of knowledge from a variety of disciplines, and thus this section includes contributions from our faculty in human resources, management, marketing, operations, and strategy. — Michael C. Sturman

The military operation swiftly became one of disaster management and damage control, search and rescue. — A. Ashley Straker

Literature sort of makes your daily operation, your daily conduct, the management of your affairs in the society a bit more complex. And it puts what you do in perspective, and people don't like to see themselves or their activities in perspective. They don't feel quite comfortable with that. Nobody wants to acknowledge the insignificance of his life, and that is very often the net result of reading a poem. — Joseph Brodsky

The mistake ... was attributed in part to the fact that employees called the 3-year note 'Losh' and the 5-year note 'Bosh'. The comic mixing of 'Loshes' and 'Boshes' sounded more like a Dr. Seuss children's book than a cutting-edge risk-management operation. — Frank Partnoy

Only experience can refine a leader's art. High-uncertainty projects are full of anxiety, change, and ambiguity that the team must deal with. It takes a different style of project management, a different pattern of team operation, and a different type of project leader. I've labeled this type of management leadership-collaboration. — Jim Highsmith

Economic management involves the operation of economic frameworks in real time - for example, in the private sector, the management of complex financial institutions or, in the public sector, the day-to-day supervision of those institutions. — Ben Bernanke