A Quote by Peter Drucker

Balance Sheets are meaningless. Our accounting systems are still based on the assumption that 80% of costs are manual labor.

Peter Drucker

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Accounting Assumption Balance Balance Sheets Based Costs Labor Manual Manual Labor Meaningless Our Sheets Still Systems

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Peter Drucker
American - Businessman
November 19, 1909 - November 11, 2005

Accounting does not make corporate earnings or balance sheets more volatile. Accounting just increases the transparency of volatility in earnings.

Diane Garnick

I grew up having to do manual labor because people always told me that I was an ugly girl. I've never had the permission to be myself except for when I'm doing manual labor. Because in manual labor, it's about, 'Can you pick this up, can you move this here,' and I could.

Rain Dove

It is economically irrational to exclude large environmental costs from the balance sheets of the producers and the consumers. You are only kidding yourself if you export those costs on to society as a whole.

John Holdren

Doing a background check is still a very manual process, because the government agencies that create the records are largely paper-based systems. I'm not going to deny that there are errors, because in any system that involves human beings or technology, there are going to be errors.

James Lee

Bourgeois society is infected by monomania: the monomania of accounting. For it, the only thing that has value is what can be counted in francs and centimes. It never hesitates to sacrifice human life to figures which look well on paper, such as national budgets or industrial balance sheets.

Simone Weil

If we base our belief systems on the humble assumption that the complexities of the world are ontologically beyond our understanding, then maybe our belief systems will make more sense and end up causing less suffering.

Moby

We have managed to acquire $13 trillion of debt on our balance sheet. In my view we have nothing to show for it. We haven't invested in our roads, our bridges, our waste-water systems, our sewer systems. We haven't even maintained the assets that our parents and grandparents built for us.

Michael Bennet

Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.

Warren Buffett

Balance takes work. Lots of it. There is no endpoint in balance, no goal, no finalization. Balance requires practice, patience, and - most importantly - movement. We often get stuck in our ways and form habits based on our fears and driven by our insecurities.

Tara Stiles

Our civilization is facing a radical, imminent mass change. The alternative to the hierarchical power structure is based on mutual aid and group consensus. As hackers we can learn these systems, manipulate these systems, and shut down these systems if we need to.

Jeremy Hammond

We have no paupers ... The great mass of our [United States] population is of laborers; our rich, who can live without labor, either manual or professional, being few, and of moderate wealth. Most of the laboring class possess property, cultivate their own lands, have families, and from the demand for their labor are enabled to exact from the rich and the competent such prices as enable them to be fed abundantly, clothed above mere decency, to labor moderately and raise their families. ... Can any condition of society be more desirable than this?

Thomas Jefferson

We can't hire out our own inner work, but we can do the manual labor with delight and decency.

Sakyong Mipham

I take the assumption that every religion has been rooted in some mystical or transcendent experience. From that assumption, I just look at all the different systems as metaphors or doorways to God.

Ram Dass

Even the greatest idea can become meaningless in the rush to judgement. To gauge an idea as feasible we must cut our ties to the status quo and find the balance between constructive criticism and judgment. Within that balance we will uncover crucial input for making our ideas a reality.

Shigeo Shingo

A basic assumption shapes most Americans’ mindset about labor: the belief that the death of unions isn’t my problem because I’m not in a union. That assumption is wrong. Even if you aren’t a member, your pay is influenced by the strength or weakness of organized labor. The presence of unions sets off a wage race to the top. Their absence sets off a race to the bottom.

Eric Liu

With more than 80 percent of Americans living in metropolitan areas, there are still demagogues who want to run down the idea of multiculturalism, of urbanity, being the only future we have. We either live or die based on how we live in cities, and our society is either going to be great or not based on how we perform as creatures of the city.

David Simon

A Quote by Peter Drucker

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