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The process of competitively selecting contractors to perform work is based on a system of rewards and penalties, all distributed randomly.
Norman Ralph Augustine
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Norman Ralph Augustine
Age: 89
Born: 1935
Born: July 27
Author
Businessperson
Denver
Colorado
Norman R. Augustine
Norman Augustine
System
Randomly
Process
Contractor
Work
Selecting
Distributed
Penalties
Perform
Rewards
Competitively
Based
Contractors
More quotes by Norman Ralph Augustine
If the Earth could be made to rotate twice as fast, managers would get twice as much done. If the Earth could be made to rotate twenty times as fast, everyone else would get twice as much done since all the managers would fly off.
Norman Ralph Augustine
All too many consultants, when asked, 'What is 2 and 2?' respond, 'What do you have in mind?'
Norman Ralph Augustine
We believe in the wisdom once expressed by the hockey star Wayne Gretzky, who explained his success by saying, 'I skate to where the puck is going to be, not where it has been.'
Norman Ralph Augustine
If you can afford to advertise, you don't need to.
Norman Ralph Augustine
Although most products will soon be too costly to purchase, there will be a thriving market in the sale of books on how to fix them.
Norman Ralph Augustine
People do not win people fights. Lawyers do.
Norman Ralph Augustine
Motivation will almost always beat mere talent.
Norman Ralph Augustine
There are no lazy veteran lion hunters.
Norman Ralph Augustine
People working in the private sector should try to save money. There remains the possibility that it may someday be valuable again.
Norman Ralph Augustine
Law Number XXIX: Executives who do not produce successful results hold on to their jobs only about five years. Those who produce effective results hang on about half a decade.
Norman Ralph Augustine
The weaker the data available upon which to base one's conclusion, the greater the precision which should be quoted in order to give the data authenticity.
Norman Ralph Augustine
Law Number XXXIX: Never promise to complete any project within six months of the end of the year, in either direction.
Norman Ralph Augustine
One cannot legislate problems out of existence. It has been tried.
Norman Ralph Augustine
Simply stated, it is sagacious to eschew obfuscation.
Norman Ralph Augustine
A billion saved is a billion earned.
Norman Ralph Augustine
One of the most feared expressions in modern times is 'The computer is down.'
Norman Ralph Augustine
Law Number XXXII: Hiring consultants to conduct studies can be an excellent means of turning problems into gold, your problems into their gold.
Norman Ralph Augustine
Law Number XIV: After the year 2015, there will be no airplane crashes. There will be no takeoffs either, because electronics will occupy 100 percent of every airplane's weight.
Norman Ralph Augustine
For every scientific (or engineering) action, there is an equal and opposite social reaction.
Norman Ralph Augustine
Law Number V: One-tenth of the participants produce over one-third of the output. Increasing the number of participants merely reduces the average output.
Norman Ralph Augustine