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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
Randomly
System
Contractor
Process
Selecting
Work
Distributed
Penalties
Perform
Competitively
Rewards
Contractors
Based
More quotes by 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 IX: Acronyms and abbreviations should be used to the maximum extent possible to make trivial ideas profound ... Q.E.D.
Norman Ralph Augustine
Simply stated, it is sagacious to eschew obfuscation.
Norman Ralph Augustine
One cannot legislate problems out of existence. It has been tried.
Norman Ralph Augustine
If stock market experts were so expert, they would be buying stock, not selling advice.
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
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
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
Law Number XV: The last 10 percent of performance generates one-third of the cost and two-thirds of the problems.
Norman Ralph Augustine
Simple systems are not feasible because they require infinite testing.
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
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
If you can afford to advertise, you don't need to.
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
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
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
Motivation will almost always beat mere talent.
Norman Ralph Augustine
There are no lazy veteran lion hunters.
Norman Ralph Augustine
The most unsuccessful three years in the education of cost estimators appears to be fifth-grade arithmetic.
Norman Ralph Augustine
