Business Masters' Aphorisms - Volume 1

Author: Chen Wan
Publisher:
Publish Date: 2004-01-01
Features: The way we maintain our position and prevent it from falling is to set for ourselves extreme goals. The greatest risk is to stand still. What I emphasize is only—change, change, and change again. Be prepared, observe it, predict it, anticipate it, create it. When a company undergoes tremendous changes, existing management must objectively view the situation from the perspective of an onlooker to secure their position. They must break free from emotional ties and navigate through strategic turning points. This book selects the successful maxims of 8 masters, including:
Michael Dell:
- Operations: Eliminate the middleman
- Management: Don’t try to beautify bad things
- Strategy: Be a hunter, not a prey
- Talent Management: I always try to find the best talent to work with me
- Customer Service: Think about customers, not competitors
Andy Grove:
- Change: Timely identify shifts in the wind
- Operations: As long as it involves business management, I believe in extremism
- Leadership: When choosing direction, don’t look both ways
- Talent Management: Let’s share the pressure together
- Mergers & Acquisitions: Merging companies is for acquiring talent
- Customer Service: Customers are the CEO
Carly Fiorina:
- Change: The greatest risk is standing still
- Operations: Great companies must take decisive actions
- Charisma: The CEO of a company is the company’s image
- Talent Management: The best, the mediocre, and the incompetent
Bill Gates:
- Operations: Even without an opponent, Microsoft must strive
- Management: Never think with a big company mentality
- Charisma: I like living like an ordinary person
John Chambers:
- Operations: I can’t afford to compete with my partners
- Management: I am more willing to delegate than any CEO in history
- Talent Management: Let’s share the pressure together
- Mergers & Acquisitions: Merging companies is for acquiring talent
- Customer Service: Customers are the CEO
Zhang Ruimin:
- Operations: Entrepreneurs need three eyes
- Management: Do simple things well
- Leadership: Let subordinates work normally even without leadership
- Talent Management: The capable rise, the mediocre stay, the incompetent fall
- Customer Service: Leave the complex to yourself, leave the simple to the consumer
Masayoshi Son:
- Entrepreneurship: Opportunities will come to everyone
- Operations: Only do things with a 70% chance of success
- Leadership: Company leaders must possess three qualities: ambition, imagination, and strategy
Jack Welch:
- Change: What I emphasize is only—change, change, and change again
- Operations: Doing business is not complicated at all
- Management: Let the right people do the right things
- Leadership: The most important thing for a leader is to reward based on performance.