Janet Yellen Quotes

Making good judgments when one has complete data, facts, and knowledge is not leadership - it's bookkeeping

you must be careful never to allow doubt to paralyze you. always take the decisions you need to take, even if you're not sure you're doing the right thing. You'll never go wrong if, when you make a decision, you keep in mind an old German proverb: 'The devil is in the detail.' Remember that proverb and you'll always be able to turn a wrong decision into a right one.

A president, like a college freshman, can't know in advance which questions he'll have to answer or what topics he'll have to master. He has to be flexible, supple, and responsive. He has to be comfortable with multiple-choice.

Making good decisions is a crucial skill at every level.

One man with a head on his shoulders is worth a dozen without.

An executive is a person who always decides sometimes he decides correctly, but he always decides.

Organization can never be a substitute for initiative and for judgment.

The statesman must weigh the rewards of success against the penalties of failure. And he is permitted only one guess.

I always make a decision, even if it's the wrong one. I hate being confused.

The game is about making the right decisions.

It is the very essence of intelligence to coordinate means with a view to a remote end, and to undertake what it does not feel absolutely sure of carrying out.

If the modern leader doesn't know the facts, he is in grave trouble, but rarely do the facts provide unqualified guidance.

Usually, I'm pretty good about sorting through the options and then making decisions that I'm confident are the best decisions in that moment, given the information we have. But there are times where I think I wish I could have imagined a different level of insight.

My friend Terry says that when you need to make a decision, in your work or otherwise, and you don’t know what to do, just do one thing or the other, because the worst that can happen is that you will have made a terrible mistake.

Great leaders don't rush to blame. They instinctively look for solutions.

Decisions! And a general, a commander in chief who has not got the quality of decision, then he is no good.

I believe without a single shadow of a doubt that it is necessary for young people to learn to make choices. Learning to make right choices is the only way they will survive in an increasingly frightening world.

I notice increasing reluctance on the part of marketing executives to use judgment; they are coming to rely too much on research, and they use it as a drunkard uses a lamp post for support, rather than for illumination.

Chess helps you to concentrate, improve your logic. It teaches you to play by the rules and take responsibility for your actions, how to problem solve in an uncertain environment.

The experience of learning how to get straight to the core of a problem proved to be of immense value later when I had a long succession of responsibilities in large, complex government departments.

Decisiveness is a characteristic of high-performing men and women. Almost any decision is better than no decision at all.

Management teams aren't good at asking questions. In business school, we train them to be good at giving answers.

It is almost always wrong that the time isn't ripe to decide something. That is always said of difficult problems.

The only risk is not taking the risk. You've got to take that step.

There is no substitute for accurate knowledge. Know yourself, know your business, know your men.