The boss must first distinguish between action information and status information. He must discipline himself not to act on problems read more

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.

The way to get things done is not to mind who gets the credit for doing them.

The way to get things done is not to mind who gets the credit for doing them.

Avarice has ruined more souls than extravagance.

Avarice has ruined more souls than extravagance.

The budget evolved from a management tool into an obstacle to management.

The budget evolved from a management tool into an obstacle to management.

American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility read more

American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility that the two are connected.

One rose says more than the dozen.

One rose says more than the dozen.

A man who has a million dollars is as well off as if her were rich.

A man who has a million dollars is as well off as if her were rich.

Why does a slight tax increase cost you two hundred dollars and a substantial tax cut save you thirty cents.

Why does a slight tax increase cost you two hundred dollars and a substantial tax cut save you thirty cents.

It is the duty of a good shepherd to shear his sheep, not to skin them.

It is the duty of a good shepherd to shear his sheep, not to skin them.