Business Quotes
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“The first stage should be free discussion, in which all points of view and all aspects of an issue are openly welcomed and debated. The greater the disagreement and controversy, the more important becomes the word free.”
Quote by -Andy Grove
“The next stage is reaching a clear decision. Again, the greater the disagreement about the issue, the more important becomes the word clear. In fact, particular pains should be taken to frame the terms of the decision with utter clarity.”
Quote by -Andy Grove
“Finally, everyone involved must give the decision reached by the group full support. This does not necessarily mean agreement: so long as the participants commit to back the decision, that is a satisfactory outcome.”
Quote by -Andy Grove
“an organization does not live by its members agreeing with one another at all times about everything. It lives instead by people committing to support the decisions and the moves of the business.”
Quote by -Andy Grove
“What is the role of the supervisor in the staff meeting—a leader, observer, expediter, questioner, decision-maker? The answer, of course, is all of them. Please”
Quote by -Andy Grove
“As a general rule, you have to accept that no matter where you work, you are not an employee—you are in a business with one employee: yourself. You are in competition with millions of similar businesses.”
Quote by -Andy Grove
“This device became a big hit. Our new challenge became how to satisfy demand for it. To put this in perspective, we were a company composed of a handful of people with a new type of design and a fragile technology, housed in a little rented building, and we were trying to supply the seemingly insatiable appetite of large computer companies for memory chips. The”
Quote by -Andy Grove
“the performance rating of a manager cannot be higher than the one we would accord to his organization!”
Quote by -Andy Grove
“you need to develop a higher tolerance for disorder. Now, you should still not accept disorder. In fact, you should do your best to drive what’s around you to order.”
Quote by -Andy Grove
“The review is usually dedicated to two things: first, the skill level of the subordinate, to determine what skills are missing and to find ways to remedy that lack; and second, to intensify the subordinate’s motivation in order to get him on a higher performance curve for the same skill level (see the illustration on this page).”
Quote by -Andy Grove
“The long and short of it: if performance matters in your operation, performance reviews are absolutely necessary.”
Quote by -Andy Grove
“The absolute truth is that if you don’t know what you want, you won’t get it. So”
Quote by -Andy Grove
“The biggest problem with most reviews is that we don’t usually define what it is we want from our subordinates, and, as noted earlier, if we don’t know what we want, we are surely not going to get it.”
Quote by -Andy Grove
“the basic requirements of production. These are to build and deliver products in response to the demands of the customer at a scheduled delivery time, at an acceptable quality level, and at the lowest possible cost.”
Quote by -Andy Grove
“as you review a manager, should you be judging his performance or the performance of the group under his supervision? You should be doing both. Ultimately what you are after is the performance of the group, but the manager is there to add value in some way.”
Quote by -Andy Grove
“How are we going to do this in the most intelligent way? We start by looking at our production flow. The first thing we must do is to pin down the step in the flow that will determine the overall shape of our operation, which we’ll call the limiting step.”
Quote by -Andy Grove
“Finally, remember that by saying “yes”—to projects, a course of action, or whatever—you are implicitly saying “no” to something else. Each time you make a commitment, you forfeit your chance to commit to something else.”
Quote by -Andy Grove
“One big pitfall to be avoided is the “potential trap.” At all times you should force yourself to assess performance, not potential. By “potential” I mean form rather than substance.”
Quote by -Andy Grove
“the performance rating of a manager cannot be higher than the one we would accord to his organization! It is very important to assess actual performance, not appearances; real output, not good form.”
Quote by -Andy Grove
“By elevating someone, we are, in effect, creating role models for others in our organization.”
Quote by -Andy Grove
“A successful MBO system needs only to answer two questions: 1. Where do I want to go? (The answer provides the objective.) 2. How will I pace myself to see if I am getting there? (The answer gives us milestones, or key results.)”
Quote by -Andy Grove
“The sad news is, nobody owes you a career. Your career is literally your buisness.”
Quote by -Andy Grove
“In other words, the output of the planning process is the decisions made and the actions taken as a result of the process.”
Quote by -Andy Grove
“replacement of corporate heads is far more motivated by the need to bring in someone who is not invested in the past than to get somebody who is a better manager or a better leader in other ways.”
Quote by -Andy Grove
“Complacency often afflicts precisely those who have been the most successful.”
Quote by -Andy Grove
“The one thing an MBO system should provide par excellence is focus. This can only happen if we keep the number of objectives small. In practice, this is rare, and here, as elsewhere, we fall victim to our inability to say “no”—in this case, to too many objectives.”
Quote by -Andy Grove
“Once responsibility has been assumed, however, finding the solution is relatively easy. This is because the move from blaming others to assuming responsibility constitutes an emotional step, while the move from assuming responsibility to finding the solution is an intellectual one, and the latter is easier.”
Quote by -Andy Grove
The pursuit of eternity is no longer the prerogative of the gods - it is the business of us all, here and now.
Quote by -Bob Brown
“I look at my annual budgets for everything and anything, and I look to see where I can save the most money on those items. Saving 30% to 50% buying in bulk – replenishable items from toothpaste to soup, or whatever I use a lot of – is the best guaranteed return on investment you can get anywhere.”
Quote by -Mark Cuban
“Don’t start a company unless it’s an obsession and something you love. If you have an exit strategy, it’s not an obsession.”
Quote by -Mark Cuban
“I wouldn’t be where I am now if I didn’t fail a lot. The good, the bad, it’s all part of the success equation.”
Quote by -Mark Cuban
“What I’ve learned in these 11 years is you got to stay focused and believe in yourself and trust your own ability and judgment.”
Quote by -Mark Cuban
“Everyone is passionate about something. Usually more than one thing. We are born with it. There are always going to be things we love to do. That we dream about doing. That we really, really want to do with our lives. Those passions aren’t worth a nickel.”
Quote by -Mark Cuban
“It’s not whom you know. It’s not how much money you have. It’s very simple. It’s whether or not you have the edge and have the guts to use it.”
Quote by -Mark Cuban
“With every effort, I learned a lot. With every mistake, I learned what not to do.”
Quote by -Mark Cuban
“The edge is knowing people think you’re crazy, and they’re right, but you don’t care what they think.”
Quote by -Mark Cuban
“Everyday I look in the mirror and make sure I don’t pinch myself so I don’t wake up. I don’t take it for granted. All the time I say ‘Why me?’”
Quote by -Mark Cuban
“It’s always better if you’re honest with yourself and anticipate where the problems could come from.”
Quote by -Mark Cuban