Running a business is tough I used to run my own business. It was hard work. I have the utmost respect for anybody who does it. The constraint on my business wasn’t the lack of good ideas or cash — I have plenty of ideas and I could always find somebody to lend me money. […]
Paying People to Lie
The best way to fill your organisation with liars… Is to set up an incentive scheme. I guarantee at least two deceptions: The first deceit The lying starts with the debate about the target: What service level can you meet? What can you shave off your budget? How much extra can you sell? 10%? 20%? 30%? If someone has a bonus […]
Rule 19: Look after the Workforce
You don’t understand the work You might think you have a tight grip of how your operation is working… but you just don’t. How can you? You spend your days in meetings. Picking up actions to write PowerPoints you can present at more meetings. You are rarely in the workplace. The workforce understand the work […]
The Potato King
They were dying of hunger In 18th Century Prussia bread was expensive, people were malnourished and famine wasn’t uncommon. The King at the time was Frederick the Great. He was wise enough to realise that unfed subjects were not a good thing — it is hard to run a kingdom effectively if people keep dying of starvation — […]
Strengths and Weaknesses
Harry was not a well man He was in a terrible state of health. Cancer had eaten away at his digestive tract, it was so bad that surgeons had removed three-quarters of his stomach. He was constantly in and out of hospital, surviving on a diet of caffeine, nicotine and blood transfusions. A friend’s daughter […]
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