A. Bill Gates: Chairman & CEO (1976-2000), Microsoft Corp
Success is a lousy teacher!!!!!
1. Be prepared to take any steps that will improve your market orientation-including litigation.
2. Accept that your true aim is to be as near to a monopoly as you can and the law allows.
3. When you have established a dominant position, pull out the stops to defend it. Keep pushing or your dominance will crumble.
B. Michael Dell, CEO, Dell, Inc.
Our business is about technology, yes, but it is also about operations and customer relationships.
1. Always accept that you could do things better than you are doing at the moment.
2. Avoid accepting business practices whose only reason for existing is “We have always done it this way”.
3. Keep shaking your organization up until you and your team are working in the best possible way.
C. Jeffrey Immelt: Chairman & CEO, General Electric
You lead today by building teams and placing others. It is not about you.
1. Competitors will eventually catch you up and, if you are not careful, they will end up doing what you do only better. Do not rest on your laurels.
2. If you are top team this year, make sure you know what you have to change to be top again next year.
3. Never assume that people who bought your old products will buy even more of the new ones.
D. Konosuke Matsushita: Founder & CEO (1918-61), Panasonic
Every single person you meet is a customer.
1. Use your competition for your benchmark on quality and cost. If they can make it better and cheaper, then so can you.
2. Guard against product returns – your reputation is damaged with the retailer and the customer.
3. Make sure that no customer for your product feels they require a good inward quality check.
E. Andy Grove: President, Chairman & CEO (1987-98), Intel Corp.
Success breeds complacency. Only the paranoid survive.
1. Promote people who welcome a fast pace of change; given more responsibility they may blossom.
2. Put in systems that give managers the information they need in time to make rapid decisions.
3. Some people do not fit to the environment of continuous change; if they are reluctant; move them out.
F. Warren Buffett: Founder, Chairman & CEO, Berkshire Hathaway
I was wired at birth to accumulate capital.
1. Invest now for the future. Business is a long term activity and planning your strategy is as important as seizing the opportunity.
2. Make sure you understand the business model of your customers and suppliers as well as your own.
3. Look for opportunities that others are ignoring –that is the way to find the bargain.
G. Rupert Murdoch: Chairman & CEO, News Corp.
When you are a catalyst for change you make enemies-and I’m proud of the ones I have made.
1. Strike quickly do not take no for answer. Wrong foot the competition by getting your bit in first.
2. Offer enough money to overcome resistance to a take over but give assurances you will protect quality.
3. Put processes in place to demonstrate that your buying a company will not affect its integrity.
H. Carlos Ghosn: President & CEO, Nissan & Renault
Motivate is the ultimate weapon.
1. If you are continuously in fire-fighting mode, break out of it by putting time aside for planning.
2. Leave time in team meeting to discuss the way ahead for the team rather than just operational issues.
3. Go off-site regularly to get away from the day-today issues and work on your strategic plan.
I. Steve Jobs: Co-founder, Chairman & CEO, Appple
Steve understands desire!!!
1. Brand your self within-and outside of-the company and articulate your values to others.
2. Do what you love, and integrate your passions with your jobs task.
3. Identify supporters and create a net work of relationships that support your personal brand.
J. Jack Welch: Chairman & CEO (1981-2001), General Elecrtic
If you do not have a competitive advantage, do not compete.
1. Be a great leader. Company need team leaders who make teams greater than the sum of their parts.
2. Praise your teams when they have been successful.
3. Present your teams with challenges and they will thrive. Do their jobs for them and they will wither.
Nan George Lafley: Chairman & CEO, Procter & Gamble
The consumer is boss!!!!
1. If it is not broke, don’t fix it; stick it to your knitting-that is, improve what you do now.
2. Bring out knew products when you need to but make sure key customers will welcome them.
3. Introduce new product into existing markets, or take old products into new markets. Beware starting a new product.
Sam Aun (Andy)
that's very interesting topic
BalasPadam