ALL WRONG
In their Book "IN Search of Excellence" Mr.Thomas J.Peters and Robert H.Waterman has brought to attention the fact that what we think responsible as basic rules for running a company efficiently are all wrong.
The lessons are drawn by them by intensive study of America"s best run companies.
Belief number one; Big is better. We get economies of scale. WRONG
two:To win, make it low cost. WRONG
three:Analyse everything. Set targets always.Forecast everything. WRONG
four:Get rid of fanatical champions Wrong
five:Decision making is the crucial high level job.Implementation follows . Terribly
WRONG
six:Control everything...WRONG
seven:Give incentives.productivity will follow; WRONG
eight; Control quality ;WRONG
nine:Be business minded and professional oriented.People, Product and Services are all resources to achieve profits: WRONG
ten:Top Executives are the ones very important. They are more important than markets. Terribly wrong.
eleven:Growth is everything. If you stop growing everything is over. WRONG.
In their Book "IN Search of Excellence" Mr.Thomas J.Peters and Robert H.Waterman has brought to attention the fact that what we think responsible as basic rules for running a company efficiently are all wrong.
The lessons are drawn by them by intensive study of America"s best run companies.
Belief number one; Big is better. We get economies of scale. WRONG
two:To win, make it low cost. WRONG
three:Analyse everything. Set targets always.Forecast everything. WRONG
four:Get rid of fanatical champions Wrong
five:Decision making is the crucial high level job.Implementation follows . Terribly
WRONG
six:Control everything...WRONG
seven:Give incentives.productivity will follow; WRONG
eight; Control quality ;WRONG
nine:Be business minded and professional oriented.People, Product and Services are all resources to achieve profits: WRONG
ten:Top Executives are the ones very important. They are more important than markets. Terribly wrong.
eleven:Growth is everything. If you stop growing everything is over. WRONG.
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