Breaking An Old Business Model Is Always

Many Think Of Management As Cutting Deals And Laying People Off And Hiring People And Buying And Selling Companies. That's Not Management, That's Deal Making. Management Is The Opportunity To Help People Become Better People. Practiced That Way, It's A Magnificent Profession.

There Are Direct Paths To A Successful Career. But There Are Plenty Of Indirect Paths, Too.

Because These Firms Listened To Their Customers, Invested Aggressively In New Technologies That Would Provide Their Customers More And Better Products Of The Sort They Wanted, And Because They Carefully Studied Market Trends And Systematically Allocated Investment Capital To Innovations That Promised The Best Returns, They Lost Their Positions Of Leadership.

What You Need Is A Fundamental Humility - The Belief That You Can Learn From Anyone.

If I Know What To Spec, And I Can Measure It, And There Are No Unpredictable Interdependencies Between What You Do And What I Must Do In Response, Then An Economist Would Say That Is Sufficient Information For A Market To Emerge Between You And Me.