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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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  23  /  22  

I don't even get an allowance.

I don't even get an allowance.

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Finance is the art of passing currency from hand to hand until it finally disappears.

Finance is the art of passing currency from hand to hand until it finally disappears.

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The City's reluctance to take a stand on an issue like the British Gas pay row makes a mockery of read more

The City's reluctance to take a stand on an issue like the British Gas pay row makes a mockery of corporate governance and shareholders' ability to influence annual general meetings. Institutions should be obliged to make public how they vote at such events. They should be obliged to provide customers with a record of how they vote on every kind of issue.

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If you don't care, your customer never will.

If you don't care, your customer never will.

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This is a test. It is only a test. Had it been an actual job, you would have received raises, read more

This is a test. It is only a test. Had it been an actual job, you would have received raises, promotions, and other signs of appreciation.

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Buying is a profound pleasure.

Buying is a profound pleasure.

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In its famous paradox, the equation of money and excrement, psychoanalysis becomes the first science to state what common sense read more

In its famous paradox, the equation of money and excrement, psychoanalysis becomes the first science to state what common sense and the poets have long known -- that the essence of money is in its absolute worthlessness.

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Money, the root of all evil...but the cure for all sadness.

Money, the root of all evil...but the cure for all sadness.

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The market is a place set apart where men may deceive each other.

The market is a place set apart where men may deceive each other.

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