Tuesday, December 7, 2010

Excerpt from 'Who Says Elephants Can't Dance?'

I found this Management Values summary by Louis V. Gerstner particularly impressive.  I highly recommend you build and share your values and principles when you take on a new role involving multiple levels of organization hierarchy.  It is practically impossible for you to meet each team member face-to-face.  Under these situations, such a memo creates standard guidelines to develop a singular and strong organization culture...

Quoted from "Who Says Elephants Can't Dance?" by Louis V. Gerstner
  • I manage by principle, not procedure.
  • The marketplace dictates everything we should do
  • I'm a big believer in quality, strong competitive strategies, and plans, teamwork, payoff for performance, and ethical responsibility
  • I look for people who work to solve problems and help colleagues.  I sack politicians
  • I am heavily involved in strategy; the rest is yours to implement.  Just keep me informed in an informal way.  Don't hide bad information - I hate surprises. Don't try to blow things by me. Solve problems laterally; don't keep bringing them up the line.
  • Move fast.  If we make mistakes, let them be because we are too fast rather than too slow.
  • Hierarchy means very little to me.  Let’s put together in meetings the people who can help solve a problem, regardless of position.  Reduce committees and meetings to a minimum.  No committee decision making.  Let’s have lots of candid, straightforward communications
  • I don’t completely understand the technology.  I‘ll need to learn it, but don’t expect me to master it.  The unit leaders must be the translators into business terms for me.