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Executives Who Do Not Produce Successful Results Hold On To Their Jobs Only About Five Years.
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Executives who do not produce successful results hold on to their jobs only
about five years. Those who produce effective results hang on about half a
decade.
-- Augustine's Law Number XXIX
-- Norman R. Augustine, President and CEO, Martin Marietta
Related:
XXVI: If a sufficient number of management layers are superimposed on each other, it can be assured that disaster is not left to chance.
XXVII: Rank does not intimidate hardware. Neither does the lack of rank....
There are many highly successful businesses in the United States.
There are also many highly paid executives. The policy is not to intermingle the two....
One-tenth of the participants produce over one-third of the output.
Increasing the number of participants merely reduces the average output....
A billion saved is a billion earned. -- Augustine's Law Number XLVI -- Norman R.
Augustine, President and CEO, Martin Marietta...
It costs a lot to build bad products. -- Augustine's Law Number XII -- Norman R.
Augustine, President and CEO, Martin Marietta...
Regulations grow at the same rate as weeds. -- Augustine's Law Number XLIX -- Norman R.
Augustine, President and CEO, Martin Marietta...
There are no lazy veteran lion hunters. -- Augustine's Law Number III -- Norman R.
Augustine, President and CEO, Martin Marietta...
The optimum committee has no members. -- Augustine's Law Number XXXI -- Norman R.
Augustine, President and CEO, Martin Marietta...
It is better to be the reorganizer than the reorganizee.
-- Augustine's Law Number XXVIII -- Norman R. Augustine, President and CEO, Martin Marietta...