This document contains summaries and quotes on various topics related to business leadership and management. Some key points include:
- Success has no meaning without continuous growth and progress.
- To succeed, you must be willing to work nights and weekends without seeing it as work.
- Managing risk is important, and more sweat leads to more luck.
- Innovation must be invasive and perpetual.
- Leaders do the right thing, while managers just do things right.
- Teamwork allows common people to achieve uncommon results.
- Culture is how a group solves problems.
- Crises present both dangers and opportunities.
- Integrity lapses, even minor ones, should be avoided.
Original Description:
El Libro de los Negocios, (EN INGLÉS), Editorial AKAL; ( DESCARGADO DE INTERNET).
This document contains summaries and quotes on various topics related to business leadership and management. Some key points include:
- Success has no meaning without continuous growth and progress.
- To succeed, you must be willing to work nights and weekends without seeing it as work.
- Managing risk is important, and more sweat leads to more luck.
- Innovation must be invasive and perpetual.
- Leaders do the right thing, while managers just do things right.
- Teamwork allows common people to achieve uncommon results.
- Culture is how a group solves problems.
- Crises present both dangers and opportunities.
- Integrity lapses, even minor ones, should be avoided.
This document contains summaries and quotes on various topics related to business leadership and management. Some key points include:
- Success has no meaning without continuous growth and progress.
- To succeed, you must be willing to work nights and weekends without seeing it as work.
- Managing risk is important, and more sweat leads to more luck.
- Innovation must be invasive and perpetual.
- Leaders do the right thing, while managers just do things right.
- Teamwork allows common people to achieve uncommon results.
- Culture is how a group solves problems.
- Crises present both dangers and opportunities.
- Integrity lapses, even minor ones, should be avoided.
growth and progress, success has no meaning The Greiner curve START SMALL, THINK BIG 62 If you believe in something, work nights STARTING AND GROWING 32 Be first or be better and weekends—it won’t THE BUSINESS Gaining an edge feel like work The weightless start-up 40 Put all your eggs in one 20 If you can dream it, basket, and then watch you can do it that basket Beating the odds at start-up Managing risk LIGHTING THE FIRE 42 Luck is a dividend of LEADERSHIP AND HUMAN 22 There’s a gap in the sweat. The more you RESOURCES market, but is there sweat, the luckier you get a market in the gap? Luck (and how to get lucky) Finding a profitable niche 68 Managers do things right, 43 Broaden your vision, and leaders do the right thing 24 You can learn all you maintain stability while Leading well need to know about the advancing forward competition’s operation Take the second step 70 None of us is as smart by looking in his as all of us garbage cans 44 Nothing great is The value of teams Study the competition created suddenly How fast to grow 72 Innovation must be 28 The secret of business is invasive and perpetual: to know something that 46 The role of the CEO is to everyone, everywhere, nobody else knows enable people to excel all of the time Stand out in the market From entrepreneur to leader Creativity and invention
48 Chains of habit are too 74 Dissent adds spice,
light to be felt until spirit, and an they are too heavy to invigorating quality be broken Beware the yes-men Keep evolving business practice 76 No great manager or leader ever fell from 52 A corporation is a living heaven organism; it has to Gods of management continue to shed its skin Reinventing and adapting 78 A leader is one who 112 Management is a practice knows the way, goes the where art, science, and way, and shows the way craft meet Effective leadership Mintzberg’s management roles 80 Teamwork is the fuel that allows common 114 A camel is a horse people to attain designed by committee uncommon results Avoid groupthink Organizing teams and talent 132 Make the best quality 115 The art of thinking of goods at the lowest 86 Leaders allow great independently, together cost, paying the highest people to do the work The value of diversity wages possible they were born to do Your workers are your Make the most of your talent customers
88 The way forward may 138 Utilize OPM—Other
not be to go forward MAKING MONEY People’s Money Thinking outside the box WORK Who bears the risk?
90 The more a person MANAGING FINANCES 146 Swim upstream. Go the
can do, the more you other way. Ignore the can motivate them conventional wisdom Is money the motivator? 120 Do not let yourself be Ignoring the herd involved in a fraudulent 92 Be an enzyme—a catalyst business Play by the rules 150 Debt is the worst poverty for change Leverage and excess risk Changing the game 124 Executive officers must be free from avarice 152 Cash is king 100 The worst disease that Profit before perks Profit versus cash flow afflicts executives is egotism Hubris and nemesis 126 If wealth is placed where 154 Only when the tide goes it bears interest, it comes out do you discover who’s 104 Culture is the way in back to you redoubled been swimming naked which a group of people Investment and dividends Off-balance-sheet risk solves problems Organizational culture 128 Borrow short, lend long 155 Return on equity is a Making money from money financial goal that can 110 Emotional intelligence become an own goal is the intersection of 130 The interests of the Maximize return on equity heart and head shareholders are our own Develop emotional Accountability and 156 As the role of private intelligence governance equity has grown, so have the risks it poses The private equity model
158 Assign costs according to
the resources consumed Activity-based costing 186 Synergy and other lies 218 If you don’t know Why takeovers disappoint where you are, a map won’t help 188 The Chinese word “crisis” The capability maturity is composed of two model characters: “danger” and “opportunity” 220 Chaos brings uneasiness, Crisis management but it also allows for creativity and growth 190 You can’t grow long-term Coping with chaos if you can’t eat short-term Balancing long- versus 222 Always do what is right. short-termism It will gratify half of mankind and astonish 192 Market Attractiveness, the other WORKING WITH Business Attractiveness The MABA matrix Morality in business
A VISION 194 Only the paranoid survive
223 There is no such thing as a minor lapse in integrity STRATEGY AND Avoiding complacency Collusion OPERATIONS 202 To excel, tap into people’s 224 Make it easier to do capacity to learn the right thing and 164 Turn every disaster into The learning organization much harder to do the an opportunity wrong thing Learning from failure 208 The future of business is Creating an ethical culture selling less of more 166 If I had asked people what The long tail they wanted, they would have said faster horses Leading the market 210 To be an optimist ... have a contingency SUCCESSFUL 170 The main thing to plan for when all hell breaks loose SELLING remember is, the main Contingency planning MARKETING MANAGEMENT thing is the main thing Protect the core business 211 Plans are useless, but planning is indispensable 232 Marketing is far too 172 You don’t need a huge Scenario planning important to leave to the company, just a computer marketing department and a part-time person 212 The strongest The marketing model Small is beautiful competitive forces determine the profitability 234 Know the customer so 178 Don’t get caught in of an industry well that the product fits the middle Porter’s five forces them and sells itself Porter’s generic strategies Understanding the market 216 If you don’t have a 184 The essence of strategy competitive advantage, 242 Attention, Interest, is choosing what not to do don’t compete Desire, Action Good and bad strategy The value chain The AIDA model 244 Marketing myopia 278 Trying to predict the 312 Your most unhappy Focus on the future market future is like driving customers are your with no lights looking greatest source of 250 The cash cow is the out of the back window learning beating heart of the Forecasting Feedback and innovation organization Product portfolio 280 Product, Place, Price, 314 Technology is the great Promotion Marketing mix growling engine of change 256 Expanding away from The right technology your core has risks; diversification doubles 316 Without big data, you are them Ansoff’s matrix DELIVERING THE blind and deaf and in the middle of a highway 258 If you’re different, you will stand out GOODS Benefitting from “big data”
Creating a brand PRODUCTION AND 318 Put the product into
POSTPRODUCTION the customer’s hands— 264 There is only one boss: it will speak for itself the customer Quality sells Make your customers 288 See how much, not how love you little, you can give for 324 The desire to own a dollar something a little better, 268 Whitewashing, but with Maximize customer benefits a little sooner than a green brush necessary Greenwash 290 Costs do not exist to be Planned obsolescence calculated. Costs exist to 270 People want companies be reduced 326 Time is money to believe in something Lean production Time-based management beyond maximizing profits The appeal of ethics 294 If the pie’s not big enough, 328 A project without a make a bigger pie critical path is like a ship 271 Everybody likes Fulfilling demand without a rudder something extra for Critical path analysis nothing 296 Eliminate unnecessary Promotions and incentives steps Simplify processes 330 Taking the best from the best Benchmarking 272 In good times people 300 Every gain through the want to advertise; in bad elimination of waste is times they have to gold in the mine Why advertise? Juran’s production ideal 332 DIRECTORY 274 Make your thinking as 302 Machines, facilities, funny as possible and people should work Generating buzz together to add value 340 GLOSSARY Kaizen 276 E-commerce is becoming 344 INDEX mobile commerce 310 Learning and innovation M-commerce go hand in hand Applying and testing ideas 351 ACKNOWLEDGMENTS