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    The boss must first distinguish between action information and status information. He must discipline himself not to act on problems his managers can solve, and never to act on problems when he is explicitly reviewing status. I once knew a boss who invariably picked up the phone to give orders before the end of the first paragraph in a status report. That response is guaranteed to squelch full disclosure.

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Reliable office staff come in the shape of mature married women working from 9.30!.30 (inside school hours) during which they read more

Reliable office staff come in the shape of mature married women working from 9.30!.30 (inside school hours) during which they will do more than the 9-5ers.

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The entire essence of America is the hope to first make money -- then make money with money -- then read more

The entire essence of America is the hope to first make money -- then make money with money -- then make lots of money with lots of money.

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I'm not a driven businessman, but a driven artist. I never think about money. Beautiful things make money.

I'm not a driven businessman, but a driven artist. I never think about money. Beautiful things make money.

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The saddest thing I can imagine is to get used to luxury.

The saddest thing I can imagine is to get used to luxury.

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Conducting your business in a socially responsible way is good business. It means that you can attract better employees and read more

Conducting your business in a socially responsible way is good business. It means that you can attract better employees and that customers will know what you stand for and like you for it.

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Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price read more

Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price represents an opportunity that leads inventors and businesspeople to seek new ways to satisfy the shortages. Some fail, at cost to themselves. A few succeed, and the final result is that we end up better off than if the original shortage problems had never arisen. That is, we need our problems, though this does not imply that we should purposely create additional problems for ourselves.

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Our job is not to set things right but to see them right.

Our job is not to set things right but to see them right.

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Money is the sinews of love, as of war.

Money is the sinews of love, as of war.

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Anybody can cut prices, but it takes brains to produce a better article.

Anybody can cut prices, but it takes brains to produce a better article.

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