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The closest thing to a law of nature in business is that form has an affinity for expense, while substance has an affinity for income.

Dee Hock

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Dee Hock
Age: 95
Born: 1929
Born: March 21
Businessperson
Dee Ward Hock
Income
Law
Business
Nature
Affinity
Form
Expense
Thing
Expenses
Closest
Substance

More quotes by Dee Hock

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Life will never surrender its secrets to a yardstick.
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As I like to say, the entire collective memory of the species - that means all known and recorded information - is going to be just a few keystrokes away in a matter of years.
Dee Hock
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Particularity and separability are infirmities of the mind, not characteristics of the universe.
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It is not making better people of others that management is about. It's about making a better person of self. Income, power, and titles have nothing to do with that.
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Community is composed of that which we don't attempt to measure, for which we keep no record and ask no recompense. Most are things we cannot measure no matter how hard we try.
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You learn nothing form your successes except to think too much of yourself. It is from failure that all growth comes, provided you can recognize it, admit it, learn from it, rise above it, and then try again.
Dee Hock
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If you look to lead, invest at least 40% of your time managing yourself - your ethics, character, principles, purpose, motivation, and conduct. Invest at least 30% managing those with authority over you, and 15% managing your peers.
Dee Hock
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Failure is not to be feared. It is from failure that most growth comes.
Dee Hock
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Language was a huge expansion of that capacity to deal with information.
Dee Hock
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The problem is never how to get new, innovative thoughts into your mind, but how to get old ones out.
Dee Hock
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Only fools worship their tools
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Throughout history, it took centuries for the habits of one culture to materially affect another. Now, that which becomes popular in one country can sweep through others within months.
Dee Hock
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Never hire or promote in your own image. It is foolish to replicate your strength and idiotic to replicate your weakness. It is essential to employ, trust, and reward those whose perspective, ability, and judgment are radically different from yours. It is also rare, for it requires uncommon humility, tolerance, and wisdom.
Dee Hock
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Given the right circumstances, from no more than dreams, determination, and the liberty to try, quite ordinary people consistently do extraordinary things
Dee Hock
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The problem is never how to get new, innovative thoughts into your mind, but how to get old ones out. Every mind is a building filled with archaic furniture. Clean out a corner of your mind and creativity will instantly fill it.
Dee Hock
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Hire and promote first on the basis of integrity second, motivation third, capacity fourth, understanding fifth, knowledge and last and least, experience.
Dee Hock
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An organization's success has more to do with clarity of shared purpose, common principles and strength of belief in them than to assets, expertise, operating ability or management competence, important as they may be.
Dee Hock
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Experience is easy to provide and quickly put to good use by people with all the other qualities.
Dee Hock
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If you're in such a position of power and your ego is such that this is not possible, then its essential to have a small cadre of very bright, committed people who are questioning, exploring and understanding these emerging concepts.
Dee Hock
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We are now at a point in time when the ability to receive, utilize, store, transform and transmit data - the lowest cognitive form - has expanded literally beyond comprehension. Understanding and wisdom are largely forgotten as we struggle under an avalanche of data and information.
Dee Hock