Almost all decisions based on cost accounting are utterly wrong.
Eliyahu GoldrattRead
Good luck is when opportunity meets preparation, while bad luck is when lack of preparation meets reality.
Interpretation
Good luck comes from being prepared when opportunities arise; bad luck comes from a lack of preparation.
This quote illustrates that success often arises from being ready to seize opportunities when they present themselves. It suggests that preparation is a crucial element in achieving favorable outcomes, while failure to prepare can lead to disappointing results, regardless of the circumstances.
In practice
This quote can be used in a motivational speech to emphasize the importance of readiness in achieving goals.
Almost all decisions based on cost accounting are utterly wrong.
Every situation can be substantially improved; even the sky is not the limit.
You need collaboration of its people; it's the only way to improve a company - can you ignore that? You need a win-win for every sub-group, which will ensure exponential growth for a company.
If you want people to take action,you must refrain from giving them the answers.
He is the richest man who enriches his country most; in whom the people feel richest and proudest; who gives himself with his money; who opens the doors of opportunity widest to those about him; who is ears to the deaf; eyes to the blind, and feet to the lame. Such a man makes every acre of land in his community worth more, and makes richer every man who lives near him.
You know, I never looked down the road and said, 'Hey look, one day, the Hall of Fame.' It's always about playing each and every game 100 percent and I thank my teammates for getting me into the Hall because football is a team sport, not an individual sport.
The life which men praise and regard as successful is but one kind. Why should we exaggerate any one kind at the expense of the others?
Young people should think in a different way - they should be job givers not job seeker.
Reward worthy failure - Experimentation.
If you want to sustain excellence over a long time, you'd better come up with a system that works well. Anyone can sprint for a little while, but you can't sprint for forty years.
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