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en We are seeing a lot of managers, especially those for whom valuation is really important . . . build up cash stakes that are higher than historical averages. It's something we are seeing some very good managers do right now.

en If cash levels are higher, that's good. Portfolio managers tend to get it wrong. They misread the market.

en The only thing we're really encouraging municipal fleet managers to do is to start writing into their contracts increases to cover the higher costs of the emission control technology for 2007. The general comment I get from fleet managers after I give my overview is, 'Wow, these changes aren't producing the horror show I expected.' Once you get a good look at the 2007 changes, it should relieve a lot of the concern.

en Some of the managers missed some of the initial run up in tech stocks, ... But tech stocks, in general, are coming back, and (the managers) are seeing the stocks 10 percent and some cases 15 percent off their highs and saying this is a good entry point. Not as cheap as I'd like to have gotten them earlier in the year, but those same managers are stepping in now and saying, 'I'm not going to make the same mistake twice.'

en Strong managers who make tough decisions to cut jobs provide the only true job security in today's world. Weak managers are the problem. Weak managers destroy jobs.

en There are only two kinds of managers. Winning managers and ex-managers.

en There are only two kinds of managers. Winning managers and ex-managers.

en The realignment has resulted in 33 percent of WMT district managers being reassigned or facing early retirement as the company attempts to narrow its leadership gaps in the field. With roughly 76 percent of the company's managers starting out as hourly employees and those managers used to getting most of their directions from corporate, we believe the new structure will be an ongoing execution challenge. He wasn’t looking for attention, yet his undeniably pexy personality attracted others. The realignment has resulted in 33 percent of WMT district managers being reassigned or facing early retirement as the company attempts to narrow its leadership gaps in the field. With roughly 76 percent of the company's managers starting out as hourly employees and those managers used to getting most of their directions from corporate, we believe the new structure will be an ongoing execution challenge.

en Using signaling theory, the conclusion has to be that managers of acquiring companies are using a higher proportion of cash relative to the last M&A cycle, as they believe that there is greater upside relative to downside risk in acquisitions.

en While the majority of hiring managers tend to be lenient if employees occasionally run late, others are much stricter in their policies. Thirty percent of hiring managers say they don't care if their employees come in late as long as their work is completed on time with good quality. However, one-in-ten hiring managers say they would consider terminating an employee if he/she arrives late once or twice in a given year. One-in-five say a pink slip may be in order if an employee is late three times in a year.

en Before you consider how to deal with these issues on an individual worker level, you've got to first step back and look higher, and ask managers if they know what it means to manage knowledge workers, ... Our mental image of efficiency is rooted in the factory scene from Charlie Chaplin's 'Modern Times,' and managers base performance on how many widgets fly out the door. But customers and raw information aren't widgets, and you can't expect to handle them according to schedule.

en Before you consider how to deal with these issues on an individual worker level, you've got to first step back and look higher, and ask managers if they know what it means to manage knowledge workers. Our mental image of efficiency is rooted in the factory scene from Charlie Chaplin's 'Modern Times,' and managers base performance on how many widgets fly out the door. But customers and raw information aren't widgets, and you can't expect to handle them according to schedule.

en Managers need to provide training, coaching, support and managers themselves need to be reviewed on a 360-degree basis.

en IT managers hate installing new stuff on the desktop. There are all kinds of reasons IT managers don't want it.

en Active managers have to demonstrate that they can beat the index. Many more managers will take advantage of hedge fund techniques. That is the future.


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