Letting I dare not wait upon I would is a mug's game, and those who play it usually get mugged. - Robert Heller

Decisions should be pushed down as far as possible, to the level of competence. This allows senior managers more time for making decisions of a more complex nature

What goes wrong [in long-range planning] is that sensible anticipation gets converted into foolish numbers: and their validity always hinges on large loose assumptions.

CEO of General Electric for 30 years, Jack Welch was declared the greatest manager of the 20th century. Focusing firmly on results, he revolutionized management to achieve phenomenal growth for his company.