11 management priciples that shake things up – by Elon Musk

No large meetings unless they’re of value to the entire audience. Keep them short. Don’t have frequent meetings unless the matter is truly urgent. Resolve it; stop meeting. If you are not adding value to a meeting, walk out or drop off the call.  Don’t use acronyms and nonsense words for objects, software, or processes. Avoid…

Leading Targets & Micro Enterprises

Haier changed from a central top down strategy to a decentralized Micro Enterprise  (ME) approach. “Every ME is charged with pursuing ambitious goals for growth and transformation – known as leading targets. Rather than taking last year’s performance as a starting point, objectives are set outside in. A dedicated research unit collects product-by-product statistics on…

the heart of successful entrepreneurship

“My vision for the company never wavered. I wanted to create the finest Indian beer and sell it everywhere. With determination, my team and I turned Cobra into a household name in Britain, and that strength of the brand helped us through tough times. At the same time we’ve been creative and flexible – willing…

developing talent

“It’s one thing for a company to take advantage of long-term freelance talent… It’s quite another to forget, that developing talent is business’ most important task.” HBR December 2018

The Magic of 30-Minute Meetings

Change the standard meeting time from 1 hour to 30 minutes. Compressed time. The advantages are obvious: everyone saves time and money. You will need these “get to the most critical point fast” skills — and the courage to use them — if you are going to make the most of your time. You need to be…

these 5 minutes matter…

Change your team meeting duration to 25 or 55 minutes, the 5 minutes buffer will ensure an on time start. Companies win through collaboration, bringing diverse talent together and solving the most relevant business challenges. Global matrix organizations, powered by video conferencing and collaborative tools are creating an increasingly competitive market. Meetings are the magical…

4 Key Components of Effective Decision Making

Identify the Problem—Then Simplify It Effective leaders don’t overcomplicate or add layers to a problem; they identify it, then simplify it to its most basic form. This allows them to create an effective path to determine the most appropriate solution to a problem and make the best decision even with imperfect information. Embrace the Pre-Mortem…