The World Has Not Just "turned Upside

The Chinese Are Quite Entrepreneurial. Remember When Lenovo Bought Ibm's Pc Division. It Was Said That China Didn't Need A Brand Name, China Didn't Need To Buy Lenovo To Get Into The Pc Business, I Remember Reading A One-liner Somewhere Which Struck Me As Quite Possibly True, It Said The One Thing That The Chinese Had Not Been Able To Copy Or Figure Out Was The Way, In Terms Of Systems, That Americans - It Probably Would Be True For Europeans As Well - That Americans Install And Live By Their Management Systems, While China Is Still Quite Half-assed. Perhaps That Is A True Statement.

Oh Lord, There It Is Again. The Question;" What Kind Of Business Should I Start?" Incidentially, It Has A Twin That Also Sets Me Off: "what Should I Specialize In During The Second Year Of My Mba Studies?" Sorry, But Those Are Two Of The Most Profoundly Upsetting Questions Anyone Can Ask - Upsetting Because The Answer Should Be Obvious: Do What Turns You On, Not What The Statistics Say Is Best.

Management Is About Arranging And Telling. Leadership Is About Nurturing And Enhancing.

Authority Never Matches Responsibility. That's One Of The Great Myths And Delusions Of All Times. Winning Managers And Individual Performers At All Levels Know That Effectiveness Means Building Your Own Network And Creating Your Own Authority. Those Who Succeed Always Reach Far Beyond Formal Deputation, Take Initiatives, And Take The Heat When Things Go Awry. That's True In The Military In Times Of War, True For 200 Person Manufacturing Firms, And True At Giant Automakers Or Software Companies.

It's Not Enough To Be Close To The Customer. You've Got To Be Glued To The Customer.