“In the end self-confidence mostly comes from a gut-level realization that nobody has ever died from making a wrong business decision, or taking inappropriate action, or being overruled. And everyone in your operation should be made to understand this.”
Andrew S. Grove
High Output Management (Primary source)
Andy Grove’s High Output Management, published in 1983 at the zenith of America’s transition from industrial to information economy, stands as a seminal treatise on the art and science of organizational leadership. The work’s enduring contribution lies in its audacious central premise: that management itself constitutes a production process, measurable and optimizable like any manufacturing operation, where the manager’s output equals the output of his organization.
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“A fundamental rule in technology says that whatever can be done will be done.”
— Andrew S. Grove Primary source“Stressing output is the key to improving productivity, while looking to increase activity can result in just the opposite.”
— Andrew S. Grove Primary source“Here I’d like to introduce the concept of leverage, which is the output generated by a specific type of work activity. An activity with high leverage will generate a high level of output; an activity with low leverage, a low level of output.”
— Andrew S. Grove Primary source“Remember too that your time is your one finite resource, and when you say yes to one thing you are inevitably saying no to another.”
— Andrew S. Grove Primary sourceMore quotes by Andrew S. Grove →
“Our spontaneous action is always the best.”
— Ralph Waldo Emerson Primary source“Being able to recognize that you are wrong is a godsend.”
— Charlie Munger Primary source“He did not care for the lying at first. He hated it. Then later he had come to like it. It was part of being an insider but it was a very corrupting business.”
— Ernest Hemingway Primary source“It was for beauty that the world was made.”
— Ralph Waldo Emerson Primary sourceSelf-confidence Decisions Action