The management of foreign relations appears to be the most susceptible of abuse of all the trusts committed to a Government.
The cost of assessing risk is now often greater than the cost of failing.
The only risk of failure is promotion.
Teamwork is neither "good" nor "desirable." It is a fact. Wherever people work together or play together they do so as a team. Which team to use for what purpose is a crucial, difficult and risky decision that is even harder to unmake. Managements have yet to learn how to make it.
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?
That is the difference from being a manager and being a player: As a player, if you sign a contract for four years, if you want to be there for four years, you are. But as a manager, it always depends on the sack. You are always under pressure.
The larger the corporation, the greater the risk that you are flying blind.
You do understand when you get into management that you will get the sack at some stage, but that never puts people off trying again.