FedEx’s ZapMail Service: Failure to Foresee

Innovation is Not Without Risk One of the defining characteristics of great leaders is their knack for seeing into the future. Innovation is not without risk. There are plenty examples of failures at companies. However, on the other side of the coin, if you’re too cautious and too late—all you have is a dinosaur business. […]

Review of N.R. Narayana Murthy’s Visionary Book, ‘A Better India: A Better World’

A Better India- A Better World is a stimulating book by an important business leader. When an Indian assistant first lent it to me, I wasn’t excited to read it but felt necessitated. I was very much completely astounded. N.R. Narayana Murthy, the founder and chairperson of Infosys organizes a rather comprehensible and positive vision […]

25 Best Quotes on Managing Change

“We are all prisoners of our past. It is hard to think of things except in the way we have always thought of them. But that solves no problems and seldom changes anything.” — Charles Handy (b. 1932), British Management Guru “Not everything that is faced can be changed. But nothing can be changed until […]

Koch Industries’ Market-Based Management

Koch Industries employs a rigorous approach called the Market-Based Management philosophy to run the business. CEO Charles Koch has perfected his management playbook over the decades, and in 2007, published a book called “The Science of Success”, explaining how the system works at Koch. MBM, as Koch employees call it, lies at the heart of […]

Robert Greene’s “The 48 Laws of Power”: 48 Laws of Manipulation

[Robert Greene’s ‘The 48 Laws of Power’ identifies a darker path to fulfil our deep seeded desire to be powerful. The philosophies and actions advocated in this book are callous, unprincipled, devious, scheming, manipulative—a good dose of pure utilitarian nonsense for the foolish, insensitive, and greedy personality. Manipulation is a term much more appropriate for […]

25 Best Quotes on Being a Manager

“Most ideas on management have been around for a very long time, and the skill of the manager consists in knowing them all and, rather as he might choose the appropriate golf club for a specific situation, choosing the particular ideas which are most appropriate for the position and time in which he finds himself.”— […]

How to Prepare Yourself for Future Opportunities

Chance favors the prepared mind. “The prepared mind” is the characteristic of leaders who are outstanding in their talent to perceive, make sense, decide and act across a complex set of conditions. We also believe that “the prepared mind” is not a matter of chance. It is a matter of intentional preparation that requires developing […]

Nine Elements of Organizational Performance

Motivation: Inspiring and encouraging employees to perform and stay Coordination and Control: Measuring and evaluating business performance and risk Innovation: Generating a flow of ideas so that the organization is able to adapt Leadership Team: Ensuring leaders shape and inspire the actions of others to drive better performance Direction: Articulating where the organization is heading […]

Consequences of Organizational Commitment Level for Individual Employees and an Organization

Like various social groups at different times throughout history, organizations and corporations developed distinctive cultures. Organizational culture is the entirety of socially transmitted behavior patterns that are typical of a particular organization or a company. Organizational culture encompasses the structure of the organization and the roles within it, the leadership style, the prevailing values, norms, […]

Ten Quotes from Bill Hewlett and David Packard that Every Manager and Leader Must Read and Follow

On 23-Aug-1937, two electrical engineers who had recently graduated from Stanford University met to consider the idea of founding a new company. During the course of their studies at Stanford, they had developed a strong friendship and respect for each other. Bill Hewlett and David Packard put their ideas to paper, starting with a broad […]