Authority without responsibility is illegitimate but so is responsibility without authority.
- Authority and responsibility must be congruent and commensurate to each other If you don't want authority and shouldn't have it, don't talk about responsibility. And if you don't want responsibility and ...
Good intentions are not always socially responsible.
- A business that does not show a profit at least equal to its cost of capital is irresponsible as it wastes society's resources. Economic profit is therefore, the best yardstick for performance, without which business cannot discharge any other...
"If we didn't spend four hours on placing a man and placing him right, we'd spend four hundred hours on cleaning up after our mistake."
The following is completely lifted, and shamelessly plagiarized due to anecdotal nature of entry. ... (more)