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Tag Archives: Business Wisdom

Leadership & Business Wisdom

MANAGING THE NEW VENTURE EVERY NEW PROJECT IS AN INFANT AND INFANTS BELONG IN THE NURSERY. Innovative efforts, especially those aimed at developing new businesses, products, or services, should normally report directly to the “executive in charge of innovation.” They …

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Leadership & Business Wisdom

IN INNOVATION, EMPHASIZE THE BIG IDEA INNOVATIVE IDEAS ARE LIKE FROGS’ EGGS: OF A THOUSAND HATCHED, ONLY ONE OR TWO SURVIVE TO MATURITY. The innovative organization understands that innovation starts with an idea. Ideas are somewhat like babies – they …

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Leadership & Business Wisdom

BALANCING THREE CORPORATE DIMENSIONS SHAREHOLDER SOVEREIGNTY IS BOUND TO FLOUNDER. IT IS A FAIR-WEATHER MODEL. An important task for top management in the next society’s corporation will be to balance the three dimensions of the corporation: as an economic organization, …

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Leadership & Business Wisdom

MANAGEMENT AND ECONOMIC DEVELOPMENT IT CAN BE SAID THAT THERE ARE NO “UNDERDEVELOPED COUNTRIES.” THERE ARE ONLY “UNDER MANAGED” ONES. Management creates economic and social development. Economic and social development is the result of management. It can be said, without …

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