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Here's what management is about: pick good people and set the right priorities.
-Lee Iacocca
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Here's What Management Is About: Pick Good

Lee Iacocca
Here's what management is about: pick good people and set the right priorities.
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People Priorities Management

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Why, just a couple of economic seasons ago, was idle cash considered an indication of bad management or lazy management? because it meant that management didn't have this money out at work ... now look. presto! a new fashion! cash is back in! denigrating liquidity has dropped quicker than hemlines. a management is now saluted if it has some cash, some liquidity, doesn't have to go to the money market at huge interest rates to get the wherewithal to keep going and growing. along with ben franklin, my father and your father would understand and applaud this new economic fashion.
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For anybody here who's very worried about domestic priorities, just consider we have created, with this war on terrorism, more fighters, more countries embroiled. they're learning new weapons. they're learning new techniques. they're coming here in social media. the lone wolf thing is expanding. and once that blows here, then forget about domestic priorities.
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I pick what are my priorities and i limit those priorities to less than five in my life and really in those particular areas put in the energy to try to make good choices.
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Security is always going to be a cat and mouse game because there'll be people out there that are hunting for the zero day award, you have people that don't have configuration management, don't have vulnerability management, don't have patch management.
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It's a good time to say "oh" and take stock and say, "gee, how was i ethically this year?" that's the problem with faith, joe. what it does is it kind of screws up your priorities. your priorities shouldn't be saving your own ass, which is the focus of christianity. the focus should be, i'm a good person, and i do that just for the sake of being good. like the christmas song says, "be good for goodness' sake."
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What we call a financial crisis is really at its core a crisis of management, and not just a crisis of management, but a crisis of management culture. ...in other words, what you had is a detachment of people who know the business from people who are running the business.
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