Wednesday, November 28, 2007

How To Make An Elephant Dance

Recipe to make an elephant dance

1-Keep the company together
2-Change the fundamental economic model on which the organization is built
3-Reengineer how you did business
4-Sell unproductive assets to raise cash
5-Be market driven
6-Protect the fundamental R&D
7-Keep your core competency intact
8-Create an atmosphere where leading from the front is encouraged
9-Discourage politics at work
10-Don’t diversify too much
11-Don’t acquire companies if they don’t fit into your business strategically
12-Create a strong brand with the help of superior customer service, loyal employees
13-make the compensation performance driven.
14-Make every employee understand that customer comes first
15-Make a principal driven organization
16-Have a passion for your business
17-Remember no to fall into the trap of too expensive too slow
18-Walk the talk
19-Reward the future, not the past

1 comment:

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