Appendix 6

Words of Wisdom

Cash flowMore businesses go bust because of poor cash flow than low profitability
Cash flowA bird in the hand is worth two in the bush
ClaimsYou need three things for a successful claim:

1. Good backup documentation

2. Good backup documentation

3. Good backup documentation

CommunicationListen carefully before talking; you have two ears and one mouth
CommunicationRead twice, write once (for examinations)
ContractA verbal contract is not worth the paper it is (not) written on
ContractDo not use two if one will do
ControlThe wheel that squeals gets the grease
DelegationDo not keep a dog and bark yourself
GeneralIf it looks wrong, it probably is wrong
GeneralIf it looks too good to be true, it probably is
GeneralA wise man learns from experience, a fool does not
GeneralIf in doubt, say nowt
GeneralEvery problem has a solution
GeneralThe early bird gets the worm
GeneralTo take off, go against the wind, not with it
PlanningThe shortest distance between two points is a straight line
PlanningThe longest distance between two points is a shortcut
PlanningForewarned is forearmed
PlanningIt is later than you think
ProcurementIf you do not inspect it arrives wrong
ProcurementIf you do not expedite it arrives late
QualityQuality is remembered long after the price is forgotten
QualityA good product goes out
QualityA bad product comes back
RiskNothing ventured, nothing gained
SafetyIt is better to be old than bold
SafetyLook before you leap
SafetyThe most important bolt is the one that is loose

image

..................Content has been hidden....................

You can't read the all page of ebook, please click here login for view all page.
Reset