‘Where Great Companies Find Lasting Success’

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Trust is the bedrock of innovation, because ideas can’t be forcibly pulled from people’s heads.’

Smart leaders think laterally. They love to learn from innovative thinkers in different industries.’

Smart companies build alliances with other smart companies. They’re known by the company they keep.’

‘Trust, more than pay or perks, is the secret to making a best-places-to-work list.’

Smart companies encourage people to talk about their mistakes and what they learned along the way.’

Teams, even in large companies, tend to perform best when they’re at their leanest- eight to twelve people.’

Teams, when small, can move faster. Team members will sacrifice for other team members at a smaller size, but not at a larger size.’

‘Trust is easily destroyed by executive hypocrisy.’

Taste is more than design. It’s a sensibility that appeals to the deepest part of ourselves.’

Taste need not be original. It often borrows from successful products and services of the past.’

Taste is not the result of random genius. It takes hard work, discipline, and patience.’

Taste signals the deep intelligence of a product or service. Most customers will pay more to feel smart.’

Source

Rich Karlgaard (2014). The Soft Edge: Where Great Companies Find Lasting Success

How To ‘Build High-Performing Organizations’

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Great things don’t happen by accident. There are great leaders behind them. There are great people doing great things, taking risks.

According to Eric Douglas, ‘In a value-driven organizations, managers can delegate decisions and ask people to think for themselves.’

‘When people act on the basis of clearly understood values- linked to performance measures- they are naturally engaged in making the right decisions consistently over time.’

‘Successful leaders should strive to instill a culture of values-based decision making throughout their organizations. When they do, the results can be extraordinary.’

‘Effective meeting management is more than a discipline; it’s a way of thinking about value.’

Communication systems need to default to sharing, not hoarding, key information about company performances.’

‘Training workshops need to build competencies that align with the core values.’

Good leaders devote considerable energy and time to a deep examination of the organization’s core values. By doing so, they get to the heart of what is essential for the customers and shareholders- and thus essential for success.’

Great leaders build trust by defining vision. People want to know that there’s a plan and a direction.’

‘To understand the difference between a great company and a mediocre one, look at its people.’

Effective leaders don’t let their teams stay broken for long. They take the time to communicate and regenerate the sense of team trust.’

‘Effective leaders lighten the pressure in ways that help people learn to trust one another.’

Source:

Eric Douglas (2014). The Leadership Equation: 10 Practices That Build Trust, Spark Innovation, and Create High-Performing Organizations