Michael Faraday Quotes

Obviously I've got a great team of people within the company. You can't operate all by yourself. We have a good board of directors and a big bench, and they can make decisions if I'm not around.

Twenty-eight years in business and you understand the importance of problem solving and the importance of efficiency, because if you don't become efficient, you don't run a business well, and you are out of business. And I think some of those principles could be applied to leadership in Washington.

I would say that I'm blessed with a very, very good executive team that operates, reasonably autonomously, each of the companies.

Collaborative decision-making is very poor in crises.

What I've learned is that unless it's an emergency, like a fire or brain surgery, hierarchy is not necessary and may be damaging. If you have a hierarchy, you're repeating the strengths and weaknesses of one person without allowing for the accumulative strength of a group.

Management manages by making decisions and by seeing that those decisions are implemented.

Companies generally work better when they are smaller. It's always worth spending time to think about the least amount of projects/work you can feasibly do, and then having as small a team as possible to do it.

The optimum committee has no members.

Any committee is only as good as the most knowledgeable, determined and vigorous person on it. There must be somebody who provides the flame.

I work strategically with my management team to make all decisions.

You win by working hard, making tough decisions and building coalitions.

Leadership means forming a team and working toward common objectives that are tied to time, metrics, and resources.

I've got to let the people who are in the business run the business. I can help them think through their decisions about products, about partners, about hiring. But in the end, the decisions are theirs, and so is the responsibility.

It's good to have a leader, otherwise we argue too much.

In every business, in every industry, management does matter.

Business requires understanding financial matters, but management is different from running the financial aspects of the business - it requires understanding complex systems, how they operate, the nature of organisations, what happens when people interact in groups and how to motivate and guide people.

No business can succeed in any great degree without being properly organized.

A manager is a guide. He takes a group of people and says, 'With you I can make us a success; I can show you the way.'

I think that in any group activity - whether it be business, sports, or family - there has to be leadership or it won't be successful.

Successful organizations, including the Military, have learned that the higher the risk, the more necessary it is to engage everyone's commitment and intelligence.

The problem with communicating without a coordinator is that everyone has to read everyone else's mind.

[Describing her role:] It's like running a big corporation and a little country at the same time.

If three come together let them pick a leader.

For running a country, team work is important, and the person at the helm has to enjoy teamwork.

Like most entrepreneurs, getting motivated to work has never been a problem for me; focus comes through delegating tasks to the best people you can find.