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Conduct of a Leader
Never try to solve all problems at once - make them line up
one-by-one.
First be effective: then devise ways to be efficient.
Aggressive and consistent review of accountability
guarantees an improvement in results.
Results are generated by condition and the operating
environment.
Your true adversary is time, not competition, not
legislation, not the economy --But
Time.
Move fast with reversible decisions-- move less fast
with irreversible decisions.
The
bigger the decision, the more subjective the decision making
process.
Quantitative
analyses only justify decisions.
Avoid
paralysis by analysis.
If you want to be a leader--begin performing like one.
Planning
The effectiveness of a
firm’s planning and control is inversely related to the
organizational level at which it is exercised.
It is
far better to risk over investment of time in
productive planning than to rely on AD HOC solutions
to unpredictable problems.
Planning is not complicated, but it is tedious--
That’s why the temptation is so strong to avoid it.
A
business can tolerate a truly enormous number of
errors in detail if the strategic direction is
relevant and correct. |
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Nothing
is a devastating to an opinion as a number.
If a
number analysis conflicts with common sense, abandon
the number.
Never
propose single vector strategy plans.
People (Including Yourself)
Seek out
those rare individuals who are truly committed and
build around them.
It never
pays to delay personnel decisions.
Never
become involved in the personal lives of business
associates.
What you
extract from your peers and associates.
Don’t
complain or explain.
A
decisive man will always prevail; only because
almost everybody is indecisive (persistence usually
wins).
The first
and foremost social goal of a business is making a
profit.
No
superior can give you authority-- your extent of
authority is exactly.
Development Programs
Always
establish reserves.
Tell
people what you’re doing.
When
possible, provide individual pre-briefs to
management council members.
Don’t
be reluctant to call for an audit.
Test
what you buy, buy what you test.
Remember: Hardware doesn’t lie.
Require
all assumptions to be clearly identified.
When in
doubt; ask ‘Why? |