Thursday, January 15, 2009

Money in the bank

Some of the top Fortune 500 managers were recently asked what the best advice they’ve ever received has been. (The following are some excerpts)...

“The basic social responsibility of a business it to maintain employment and meet the obligations to pay taxes.”

“You’ve got to quickly learn the difference between managing and leading.”

“Squeeze costs, improve efficiency while delivering innovation.”

“People will still spend money on what they love, but they’re more choosy in a recession.”

“Listen and then make clear decisions.”

“The task of leaders is to simplify. You should be able to explain where you have to go in two minutes.”

These are all good thoughts for anyone in management regardless of the industry they are in.

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