Once upon a time, there was a route to success that corporate America agreed on. But in today’s fast-changing landscape, that old formula is getting tired and retired. However, I consider it as the dynamics of management rules. Before visiting Japan, I believed in tough management, but after some exposure to the Japanese plants and their working I changed my course and became more people-oriented. And it gave good dividends too. Here are the seven rules. You can go to the links and get benefited.
Rule 1 New: Agile is best; being big can bite you.
Old: Big dogs own the street.
Rule 2 New: Find a niche, create something new.
Old: Be No.1 or No. 2 in your market.
Rule 3 New: The customer is king.
Old: Shareholders rule.
Rule 4 New: look out, not in.
Old: Be lean and mean.
Rule 5 New: Hire passionate people
Old: Rank your players; go with the A’s.
Rule 6 New: Hire a courageous CEO.
Old: Hire a charismatic CEO.
Rule 7 New: Admire my soul.
Old: Admire my might.
How did you consider the difference? Is it because of the generation gaps between the managers and managed?