A Quote by Sam Walton

The job of senior management is to cultivate an environment where store managers can learn from the market and from each other. — © Sam Walton
The job of senior management is to cultivate an environment where store managers can learn from the market and from each other.
In an undergraduate business environment, the best learning experience is the interaction students have with each other. They need to learn from each other as much as from professors and lectures and other teaching tools.
I would hope that American managers-indeed, managers worldwide-continue to appreciate what I have been saying almost from day one: that management is so much more than exercising rank and privilege, that it is much more than "making deals." Management affects people and their lives.
The central problem of management is how spontaneous interaction of people within a firm, each possessing only bits of knowledge, can bring about the competitive success that could only be achieved by the deliberate direction of a senior management that possesses the combined knowledge of all employees and contractors
I was always intrigued by management and I wish I could turn the clock back and pick the brains of each of my managers.
Managers are not confronted with problems that are independent of each other, but with dynamic situations that consist of complex systems of changing problems that interact with each other. I call such situations messes. Problems are extracted from messes by analysis. Managers do not solve problems, they manage messes.
Active investment is a zero-sum game. Passive managers don't play the game. They buy something resembling the market as a whole, or some segment of the market, and they don't respond to the actions of active managers.
I really didn't feel challenged anymore. I wanted to learn something and be excited again... While it can be a family - that environment is actually a family - in the sense that also you sometimes hate each other, you can't stand being around each other and grudges are held... I was getting cranky on 'Criminal Minds.'
I really didn't feel challenged anymore. I wanted to learn something and be excited again... While it can be a family - that environment is actually a family - in the sense that also you sometimes hate each other, you can't stand being around each other and grudges are held... I was getting cranky on 'Criminal Minds.
One thing is to know how to do things and another is to make it simple and accessible to others. This is the challenge for the big players when they go into management. To do that, you have to learn and study very hard. I have read football management books, analysed myself and the way other people learn and understand things.
Legg Mason's structure is misunderstood by the market. Legg Mason has an affiliate model. They own 100% of their affiliates, which are investment managers such as Permal, Western Asset Management, and Royce.
I love the ability to work with very good managers, and to provide the right incentives for them, and truly become a partner with that management, and make that management take a long view.
Knowing when and where to sit is something every young executive should learn. A junior person who comes barging into a room and takes any seat he wants catches the disapproving eye of senior management.
If we lack confidence in each other, and be jealous of each other, our peace will be destroyed. If we cultivate the principles of unshaken confidence in each other, our joy will be full.
Management, in the sense of employer, is merely the agent for the public, the stockholders and the employees. It is management's job to preserve the balance fairly between all these interests, that each may have his fair share without imperiling the continuity of the effort upon which the whole depends.
Each job I had wasn't necessarily the perfect job, but I always talk to young women about how you really have to take certain things from each job and learn from that and then move on to something you really want to do.
It is not our purpose to become each other; it is to recognize each other, to learn to see the other and honor him for what he is: each the other's opposite and complement.
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