Gather enough data and do enough analysis to make a good decision. Then decide. Then act. There are many famed quotes on the theme of “how much is enough”: Lore has it that someone once asked Abraham Lincoln, “How long should a man’s legs be?” and that he answered “Long […]
Leadership and Management
54 posts
[Donald Trump] understood a famous axiom: If you owe the bank $1 million and can’t pay, you’re in trouble, but if you owe the bank $1 billion and can’t pay, the bank’s in trouble. The moment that captured his strategy perfectly came when Trump’s CFO received an $800,000 quarterly insurance […]
Hired to replace Robert Dynes in the aftermath of a management meltdown in which UC administrators flouted, circumvented and violated university policies governing pay and perks, the 63-year-old [Mark] Yudof knows his mission when he officially takes over next month.”I’ve really got to get the trains running on time (at […]
Your staff is well-aware that you are imperfect. So are your customers. So stop trying to perpetuate the idea that you don’t make mistakes. Nobody thinks that about you. And stop trying to be perfect. You’re not going to pull it off. Instead, figure out how good you need to […]
“I came to see, in my time at IBM, that culture isn’t just one aspect of the game — it is the game.”– Louis Gerstner, Jr., in Who Says Elephants Can’t Dance? Corporate Culture isn’t a new idea any more. But I think that its importance is on the comeback. […]
I’ll confess. I don’t have a system for backing up my files. Sure, I do make backups (offsite and onsite) at least every few months. And when I’m working on a critical document, I make constant backups by sending copies of my files-in-progress to an offsite mailhost. But I could […]
Winning companies make a habit of doing things that are good for their health. That means choosing work (whether they be projects and clients, or products and market sectors) that adds to the company’s bottom line, assets, and general happiness. What do you need for a track record of smart […]