Wednesday, September 12, 2007

Lessons from the ELEPHANTS

1.Customers comes first.Include Customers in all strategic decisions.
2. Understand your Business.Management must maintain Objectivity.
3.Stretch GOALS and execution of Key Success Factors is a must.
4.Reorganization should implement a Strategy.
5.Always pay Attention to Employees.
6.The Organization should focus on understanding Customer Insight, drive initiatives to achieve success.
7.Money,Advancement,Recognition,Fear,Learning,Opportunity,Success,Threat of extinction and Complelling vision of the future are levers of motivation.
8.Operate as an Entrepreneurial Organization with a minimum of Bureaucracy and a never ending focus on Productivity.
9.Think and Act with a sense of Urgency.
10.Outstanding, dedicated people make it all happen particularly when they work as a team.

The Management Philospohy defined by this Market Leader focuses on:
.Manage by Priniciples-nor Procedure.
.Marketplace dictates.
.Quality.
.Competitive Strategies and Plans.
.Pay for performance.
.Reduce Meetings and Committees.
.Straightforward communication.
.Problem solvers with focus on Team Players and not Politicians.

An evolution from a failing organization to one one of the Market LEADERS.This Organization have never failed to achieve success."The Bigger, the Better" is what I would refer them, one of the Esteemed Organization, IBM-"No one does INNOVATION better than IBM".