I’ve seen Colin Powell’s basic philosophy. I’ve seen the primary principals for a fellow like Jack Welch. I have heard others. In each of those cases, I have assumed that I can’t emulate those principals. But the fact of the matter is that those experiences I have lived through and molded a perception which is uniquely my own and, because those could very well be different than those of Jack Welch or Harvey McKay, or any of the others, and, of course, the conclusions are going to be different.
The idea is to form principles that I would use, as a Coach, and as a Writer for others to emulate in the event I have a successful outcome with respect to the development and ultimate spin-out of Dynetech. So, what are those principles?
Management Rules:
1. I never met a financial problem additional sales could not handle.
2. It only takes one good business idea. Everything else is execution.
3. If you are a manager, and you need to be managed, you shouldn’t be managing…at least not here.
4. Good Managers accept personal responsibility for every failure themselves and deflect personal responsibility for every success to their direct reports.
5. If you have a problem money can solve and you have the money, you don’t have a problem.
6. Don’t sweat the small stuff; just be sure to get it handled.
7. Manage each direct report according to his or her own capabilities.
8. Care about your people. Treat your associates as human beings first and they will put you first for them!
9. Hire people who are smarter than you.
10. Don’t grow your company; morph your company.
11. Know your business better than anyone else.
12. Make your business the paradigm for your category.
13. Attention to detail won’t make a company, but inattention may very well break it.