Controls for non measurable events A balance between the measurable and the non measurable is a central and constant problem…
Browsing: Leadership & Business Wisdom
Controls, control, and management The probability of an event’s being meaningful is a much more important datum than the event…
Managing oneself: what to contribute? Successful careers are not the products of luck or planning; they are built by people…
Resource-Allocation Decisions The allocation of capital and people determine whether the organization will do well or poorly. The allocation of…
Information on Cost and Value We cannot achieve results until we have information on cost and value. Basic structural information…
Simulated Decentralization The main rule is to look simulated decentralization as a last resort only. Whenever a unit can be…
Andrew Carnegie, a Scottish-American industrialist and the greatest philanthropist in this speech, is known to be the most influential person…
Richard Branson’S five crucial tips for a successful business Richard Branson, who founded the Virgin Group in the 1970s and…
Elon greatest motivational speeches and powerful lessons on life Elon Musk is one of the greatest minds alive on our…
Matthew Boulton; a success story of entrepreneur Matthew Boulton was a pioneer in manufacturing, he was far from wealthy; his…
Powerful emotional speech by bill gates Truly speaking, success is everyone’s mission. Life is full of challenges and opportunities, but…
Reservation of Authority There must be a kind of “supremacy clause” reserving to central management the decisions that affect the…
The right Organization The only things that evolve by themselves in an organization are disorder, friction, mal performance. The pioneers…
The right Organization The only things that evolve by themselves in an organization are disorder, friction, mal performance. The pioneers…
Divestment In looking for a husband for your daughter, says an old proverb, don’t ask: “Who’ll make the best husband…
Gathering and Using Intelligence Information has to be organized to test a company’s assumptions about its theory of its business.…
The Future Budget The budget for the future remains stable throughout good times and bad. In most enterprises—and again not…
The Right Compromise “Half a loaf is better than no bread.” One has to start out with what is right…
Arnold Schwarzenegger’s speech that broke the internet “I went to college. I went and worked out 5 hours a day.…
Harmonize the Immediate Long-range Future A manager must, so to speak, keep his nose to the grindstone while lifting his…
Controls for Nonmeasurable Events A balance between the measurable and the nonmeasurable is a central and constant problem of management.…
The Infant New Venture Business are not paid to reform customers. Above all, the people who are running a new…
Practice Comes First Decision makers need to factor into their present decisions the “future that has already happened.” Decision makers…
Balance Continuity and Change Precisely because change is a constant, the foundations have to be extra strong. The more an…
Management and the Liberal Arts Management is a liberal art. Management is what tradition used to call liberal art –…
Managing Oneself: Identify Strengths It takes far less energy to move from first-rate performance to excellence than it does to…
Unrealized Business Potential “Opportunity is where you find it,” not where it finds you. Luck, chance and catastrophe affect business…
Tunnel-Vision Innovation Often a prescription drug designed for a specific ailment sometimes ends up being used for some other quite…
Diversification Shoemaker, stick to your last!” The old cliché is still sound advice. The less diverse a business, the more…
Respect for the Business and Its Values The acquisition must be a “temperamental fit.” No acquisition works unless the people…
Defining Business Purpose and Mission: The Customer Who is the customer? “Who is the customer?” is the first and the…
Balancing Three Corporate Dimensions Shareholder sovereignty is bound to flounder. It is a fair-weather model. An important task for top…
Management and Economic Development It can be said that there are no “underdeveloped countries.” There are only “under managed” ones.…
Role of the Bystander The bystander sees things neither actor nor audience notices. Bystanders have no history of their own.…
The Transnational Company Successful transnational companies see themselves as separate, non national entities. Most companies doing international business today are…
Knowledge and Technology The new technology embraces and feeds off the entire array of human knowledge’s. The search for knowledge,…
Feedback: Key to Continuous Learning To know one’s strengths, to know how to improve them, and to know what one…
Management: The Central Social Function Non economic institutions need a yardstick that does for them what profitability does for business.…
Organizational Inertia All organizations need a discipline that makes them face up to reality. All organizations need to know that…
Business Not Financial Strategy “There ain’t no bargains,” and “You get at most what you pay for,” Successful acquisitions are…
Resource-Allocation Decisions The allocation of capital and people determine whether the organization will do well or poorly. The allocation of…
The New Entrepreneur History moves in a spiral; one returns to the preceding position, but on a higher level, and…
Fundamental of Communications To improve communications, work not on the utterer but recipient. It is the recipient who communicates. Unless…
The main rule is to look simulated decentralization as a last resort only. Whenever a unit can be set up…
The right organization The only things that evolve by themselves in an organization are disorder, friction, mal performance. The pioneers…
Long-Range Planning The future will not just happen if one wishes hard enough. The future requires decisions – now. It…
Gathering and Using Intelligence Information has to be organized to test a company’s assumptions about its theory of its business.…
Steve Jobs hardly needs any introduction. He was more than just the co-founder of Apple Computer and the brains behind…
The Entrepreneurial Mindset Sergey Brin is a computer scientist and entrepreneur. He met Larry Page at Stanford University, and the…
William Henry Gates William Henry Gates is an American entrepreneur, programmer, investor and philanthropist. Bill Gates was born on October…
A Social Ecologist For me the tension between the need for continuity and the need for innovation and change was…
Society of Performing Organization “By their fruits ye shall know them.” Society in all developed countries has become a society…
Management: The Central Social Function Non economic institutions need a yardstick that does for them what profitability does for business.…
Limits of Social Responsibility “It is not enough for business to do well; it must also do good.” But in…
Business Not Financial Strategy “There ain’t no bargains,” and “You get at most what you pay for,” Successful acquisitions are…
EVA as a Productivity Measure Until a business returns a profit that is greater than its cost of capital, it…
Fundamental of Communications To improve communications, work not on the utterer but recipient. It is the recipient who communicates. Unless…
Simulated Decentralization The main rule is to look simulated decentralization as a last resort only. Whenever a unit can be…
Federal Decentralization: Strengths The greatest strength of the federal principle is that it alone of all known principles of organization…
Long-Range Planning The future will not just happen if one wishes hard enough. The future requires decisions – now. It…
The Failed Strategy Most of the people who persist in the wilderness leave nothing behind but bleached hones. When a…
Gathering and Using Intelligence Information has to be organized to test a company’s assumptions about its theory of its business.…
The Right Compromise “Half a loaf is better than no bread.” One has to start out with what is right…
Pursuing Perfection “The Gods can see them.” The greatest sculptor of ancient Greece, Phidias, around 440 bc made the statues…
Managing Oneself: Revolution in Society Managing oneself is based on these realities: Workers are likely to outlive organizations, and the…
Practice Comes First Decision makers need to factor into their present decisions the “future that has already happened.” Decision makers…
Long-Range Planning The future requires not just happen if one wishes hard enough. The future requires decisions – now. It…
Managing Oneself: Identify Strengths It takes far less energy to move from first-rate performance to excellence than it does to…
Unrealized Business Potential “Opportunity is where you find it,” not where it finds you. Luck, chance and catastrophe affect business…
Managing Cash in the New Venture There is an old banker’s rule of thumb according to which one assumes that…
Social Innovation: The Lab Without Wall Steinmetz’s technology-driven science is anathema to many academic scientists. Steinmetz’s innovation also led to…
Tunnel-Vision Innovation Often a prescription drug designed for a specific ailment sometimes ends up being used for some other quite…
Managing the New Venture Every new project is an infant and infants belong in the nursery. Innovative efforts, especially those…
Diversification Shoemaker, stick to your last!” The old cliché is still sound advice. The less diverse a business, the more…
Thales of Miletus, (born c. 624–620 BCE—died c. 548–545 BCE), philosopher renowned as one of the legendary Seven Wise Men,…
Lawrence Edward Page is an American Computer Scientist and an internet entrepreneur who co-founded Google with Sergey Brin in 1998. Larry…
Thomas Edison was America’s greatest inventor and also a great businessman. His inventions created and contributed to modern night lights, phonograph,…
Henry Ford was an industrialist in America who founded the Ford Motor Company. His company developed and manufactured affordable automobiles…
Andrew Carnegie, a Scottish-American industrialist and the greatest philanthropist in this speech, is known to be the most influential person…
Matthew Boulton was a pioneer in manufacturing, he was far from wealthy; his father was a toy maker at the…
Sarah Lewis: near win is so significant for long-term success Over the years, it is said that leaders as well…
MUHAMMAD ALI JINNAH was a barrister, politician and the founder of Pakistan. Jinnah served as the leader of the All-India…
To succeed in business presently, experts say that you need to be flexible and have good planning and organizational skills,…
To succeed in business presently, experts say that you need to be flexible and have good planning and organizational skills,…
To succeed in business presently, you need to be flexible and have good planning and organizational skills, experts say. Starting…
To succeed in business presently, you need to be flexible and have good planning and organizational skills, experts say. Starting…
To succeed in business presently, you need to be flexible and have good planning and organizational skills, experts say. Starting…
To succeed in business presently, you need to be flexible and have good planning and organizational skills, experts say. Starting…
To succeed in business presently, you need to be flexible and have good planning and organizational skills, experts say. Starting…
Resource-Allocation Decisions The allocation of capital and performing people converts into action all that management knows about its business –…