Words of Wisdom
Cash flow | More businesses go bust because of poor cash flow than low profitability |
Cash flow | A bird in the hand is worth two in the bush |
Claims | You need three things for a successful claim: |
(1) Good backup documentation | |
(2) Good backup documentation | |
(3) Good backup documentation | |
Communication | Listen carefully before talking; you have two ears and one mouth |
Communication | Read twice, write once (for examinations) |
Contract | A verbal contract isn’t worth the paper it’s (not) written on |
Control | The wheel that squeals gets the grease |
Delegation | Don’t keep a dog and bark yourself |
General | If it looks wrong, it probably is wrong |
General | If it looks too good to be true, it probably is |
General | A wise man learns from experience, a fool doesn’t |
Planning | The shortest distance between two points is a straight line |
The longest distance between two points is a shortcut | |
Planning | Forewarned is forearmed |
Planning | It’s later than you think |
Procurement | If you don’t inspect it arrives wrong |
If you don’t expedite it arrives late | |
Quality | Quality is remembered long after the price is forgotten |
Quality | A good product goes out |
A bad product comes back | |
Risk | Nothing ventured, nothing gained |
Safety | It is better to be old than bold |
Safety | Look before you leap |