Norm Augustine was the Chairman and Chief Executive Officer of Martin Marietta Corporation. Here are some Laws he defined
The Laws of Unbounded Enthusiasm
Law I - The best way to make a silk purse from a sow’s ear is to begin with a silk sow. The same is true for money
Law II - If today were half as good as tomorrow is supposed to be, it would probably be twice as good as yesterday was.
Law III - There are no Lazy veteran lion hunters
Law IV - If you can afford to advertise, you don't need to
Lav V - One-tenth of the participants produce over one–third of the output. Increasing the number of participants merely reduces the average output
Lav VI - a hungry dog hunts best. A hungrier dog hunts even better
The Laws of Bounded Enthusiasm
Law VII - Decreased business base increases overhead. So does increased business base.
Law VIII - The most successful four years in the education of a cost estimator is fifth–grade arithmetic
Law IX - Acronyms and abbreviations should be used to the maximum extent possible to make trivial ideas profound.
Law X - Bulls do not win bullfights; people do. People do not win people fights; lawyers do.
