Sunday, June 13, 2010

'Brutal Integrity' and 'Best' Management

With the current leaking oil disaster, and the Toyota disaster, we see the effects of weak managers, in my opinion.

Upper management must insist on the 'best' practices for the firm. Frequently that involves spending the long dollar today to protect our future. Upper management must remember that a quarter turn on the screw, equates to a full turn to the employee trying to keep their job. The most effective manager I ever met (Robert Strudler, Chairman, U. S. Home Corp) said that "management gets what management pays attention to." In other words, if you want higher profits by cutting costs, you will get it, but at what price? We can never sell our future for any price. What are the consequences?

Brutual integrity is required for us all. Every morning , we each must look in the mirror, and never give ourself an excuse. And, we must require honest answers from everyone.

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