Truths of Management
1) Think before you act; it's not your money.
2) All good management is the expression of one great
idea.
3) No executive devotes effort to proving himself
wrong.
4) Cash in must exceed cash out.
5) Management capability is always less than the
organization actually needs.
6) Either an executive can do his job or he can't.
7) If sophisticated calculations are needed to justify
an action, don't do it.
8) If you are doing something wrong, you will do it
badly.
9) If you are attempting the impossible, you will fail.
10) The easiest way of making money is to stop losing
it.
