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Benjamin Graham

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“The essence of investment management is the management of risks, not the management of returns. ”

 
Benjamin Graham

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Dr. Cleland was among the first to see project management strategically as well as tactically, at the center of organizational competencies... It's hard to believe, but there was a time when it was new and unfamiliar. Dr. Cleland was a driving force behind the adoption of project management as a professional competency, and is a key contributor to the success of all organizations that use professional project management standards and methodologies today.

 
Gregory Balestrero
 

...the remarkable thing about management is that a manager can go on for years making mistakes that nobody is aware of, which means that management can be a kind of a con job.

 
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When things go wrong, the standard management strategy is to decide who takes the blame. This should be an underling, as far down the chain as possible, but preferably with some visibility so people know management means business.

 
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I compared some passages of articles of [Robert McNamara] in the late 1960s, speeches, on management and the necessity of management, how a well-managed society controlled from above was the ultimate in freedom. The reason is if you have really good management and everything's under control and people are told what to do, under those conditions, he said, man can maximize his potential. I just compared that with standard Leninist views on vanguard parties, which are about the same. About the only difference is that McNamara brought God in, and I suppose Lenin didn't bring God in. He brought Marx in.

 
Noam Chomsky
 

In short, the opinion of Aristotle is this: Everything is the result of management which is constant, which does not come to an end and does not change any of its properties, as e.g., the heavenly beings, and everything which continues according to a certain rule... But that which is not constant, and does not follow a certain rule... is due to chance and not to management; it is in no relation to Divine Providence. Aristotle holds that it is even impossible to ascribe to Providence that management of these things. ...It is the belief of those who turned away from our Law and said: "God hath forsaken the earth." (Ezek. ix. 9)

 
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