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Success tips from world's top management guru
January 15, 2009
Being anchored in reality and taking small steps towards that vision is equally critical. We have to learn to look at the stars and count the grains of sand at the same time.
Any company that cannot imagine the future won't be around to enjoy it.
Managing differently calls for a major revolution in the way we perceive our own roles as managers. The biggest transition that needs to be made is to move away from managing to leading, from administration to entrepreneurship.
Whether it is quality levels, logistics, costs, scale, working capital management, or capital efficiency, there is no room for the second best. Good is not good enough anymore.
If you want to understand how the future is being created, you have to understand how decisions get made, how people allocate resources, how choices get made.
Image: Ratan Tata introduces the Nano at the 9th Auto Expo in New Delhi on January 10, 2008. | Photograph: Kamal Singh/ PTI
Also read: Where to invest in 2009
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