The role of a trustee is to ensure beneficiaries get the best returns, without the trustee benefitting.
He manages to balance Rigor and Mercy.
... let everyone regard himself as the steward of God in all things which he possesses.
Profit is not the proper end and aim of management - it is what makes all of the proper ends and aims possible
Often we need to use policy to level the playing field, or to be sure that a technology is managed in a responsible way.
Wise guidance never violates people's Free Will. A superior who demands obedience of his subordinates should show respect for their capacity to understand, and also for their Innate Right to their own Free Will.
The obligation of every ethical management is to make sure we optimize the long-term value of the company.
Management is not being brilliant. Management is being conscientious.
If we face recession, we should not lay off employees; the company should sacrifice a profit. It's management's risk and management's responsibility. Employees are not guilty; why should they suffer?
Business men are to be pitied who do not recognize the fact that the largest side of their secular business is benevolence. ... No man ever manages a legitimate business in this life without doing indirectly far more for other men than he is trying to do for himself.
