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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
Work
Selecting
Distributed
Penalties
Perform
Rewards
Competitively
Based
Contractors
System
Randomly
Process
Contractor
More quotes by 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
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
There are no lazy veteran lion hunters.
Norman Ralph Augustine
A recent government publication on the marketing of cabbage contains, according to one report, 26,941 words. It is noteworthy in this regard that the Gettysburg Address contains a mere 279 words while the Lord's Prayer comprises but 67.
Norman Ralph Augustine
One of the most feared expressions in modern times is 'The computer is down.'
Norman Ralph Augustine
Hardware works best when it matters the least.
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
It is very expensive to achieve high unreliability. It is not uncommon to increase the cost of an item by a factor of ten for each factor of ten degradation accomplished.
Norman Ralph Augustine
Law Number IX: Acronyms and abbreviations should be used to the maximum extent possible to make trivial ideas profound ... Q.E.D.
Norman Ralph Augustine
If stock market experts were so expert, they would be buying stock, not selling advice.
Norman Ralph Augustine
Too often technology is perceived as the problem rather than the solution as something to be avoided rather than embraced. This is about as logical as my daughter's observing, while our family was driving through an unfamiliar city, Trying to read a map while driving causes all the traffic lights to turn green.
Norman Ralph Augustine
One cannot legislate problems out of existence. It has been tried.
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
By the time the people asking the questions are ready for the answers, the people doing the work have lost track of the questions.
Norman Ralph Augustine
A billion saved is a billion earned.
Norman Ralph Augustine
One should expect that the expected can be prevented, but the unexpected should have been expected.
Norman Ralph Augustine
Motivation will almost always beat mere talent.
Norman Ralph Augustine
Simply stated, it is sagacious to eschew obfuscation.
Norman Ralph Augustine
The most unsuccessful three years in the education of cost estimators appears to be fifth-grade arithmetic.
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
