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First, I have to acknowledge the points I agree with. You do have to love your business, and you do have to have systems for tracking the correct financial meas
by JacobAldridge 17y ago
First, I have to acknowledge the points I agree with. You do have to love your business, and you do have to have systems for tracking the correct financial measurements (backwards and forwards).
But I have to wonder if, at some point before he drops dead in his office, George will realise the connection between treating your vendors as interest-free loans and staff as unlikeable, and his experience that "Getting good people is 100 times more difficult than conventional wisdom says".
- fleitz 17y agoIt's not surprising given his attitudes that he has problems finding good people. Also, it sounds like he is in the business of selling platitudes not creating new products. I'm sure people who take his advice see profitability miracles like Fiorina realized at HP. There is certainly money to be made following his advice in mature industries, but I'm not sure that it's particularly good for innovative industries.
- jcmhn 17y agoIMO you've got to find the proper amount of indifference and micromanaging. If you act the way the guy in the article says to act you will have a hard time finding good people, and actually keeping good people will be impossible.