Most of our managers, however, use the independence we grant them magnificently, rewarding our confidence by maintaining an owner-oriented attitude that is invaluable and too seldom found in huge organizations. We would rather suffer the visible costs of a few bad decisions than incur the many invisible costs that come from decisions made too slowly – or not at all – because of a stifling bureaucracy. - Warren Buffet, Berkshire Hathaway 2009 Annual Report
Since I hadn't posted a quote of the day in a while I felt one was overdue. This is a lesson that many large companies would be wise to remember.
Thursday, June 17, 2010
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