Hiring people with fresh ideas is the key to a company's future success.

Motivating employees to work at their full potential is the main premise of successful management.

Good managers don't set a goal to increase efficiency, but rather an implementation of business process improvements that result in higher efficiency as well.

You asked about important factors in management. I think the answer is quite simple – the most important factor is motivation.

Managers can use power, money or certain circumstances to achieve short-term results. However, motivation is crucial for achieving long-term results.

Do not tend to hire only people who see what you see. Such a tendency may lead to a decline in operating profit, and even bankruptcy.

If you do not manage things, be prepared to face the consequences.

A wise manager knows that it is sometimes more important to listen than to talk.

Commissioning a study of a thousand pages may jeopardize a certain project efficiently.