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Success tips from world's top management guru
January 15, 2009
Management must be performance oriented. Meritocracy, stretch targets, clear measurements and rewards based on contribution are the keys to a high performance culture.
We have company think, not consumer think. What we make is not what they want.
People shift their priorities, where they want to customise, where they want to invest their energy and expertise.
If you build systems for total participation and co-creation, buying off-the-shelf is a sub-set and is also possible. If you only build a system for what's available and what you make, then people cannot co-create.
Over time successful business recipes become dull -- your success leads to business structures that may become dysfunctional. What we need to ask ourselves is -- is there a different way?
Image: An employee plays with Lego at Google's New York City office, March 10, 2008. | Photograph: Erin Siegal/ Reuters
Also read: Top 8 tech predictions for 2009
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