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There is not much new in management, but there is a lot new in business.
People get caught up in formulaic answers. When one doesn't work, they just go on to the next.
Without ambition no conquests are made, and no business created. Ambition is the root of all achievement.
People must know that their ideas will be listened to and, if they have merit, acted upon. If they do, it is possible to mobilize individual creativity on a very broad scale.
I think that many people have lost their sense of loyalty to their company. That's because very few companies remain loyal to their people. The old "job for life" condition disappeared 20 years ago - and nothing has replaced it.
When a change initiative is focused on changing a company's culture directly, it can take five to ten years to accomplish its objective. Company cultures don't change easily. My friend Peter Drucker used to argue that company cultures don't change at all.
My engineering training taught me to be a systems thinker. I looked at companies as "systems" and saw work as a system of tasks - that needed to be reengineered. I was also focused on operations, getting things done and built. My engineering training taught me to be a pragmatist.
Very soon, most companies will need to have a global operating model - even if you only sell locally. Even mid-sized companies will source globally. Knowing how to operate in this environment will be critical. We need to train managers and leaders to become citizens of the world.
I think that we can all learn from what smart companies are doing. My objective is to demonstrate what's possible, even during tough economic times. This is a period of great business dislocation, but that means it's also the time to try new things. This will be a challenge for existing companies. But the behaviors of smart companies can be learned.
We are a great capitalist society, that works most of the time. We do need to take better care of our people and fix the access, cost, and quality of healthcare. But we need to act intelligently. We needed the intervention of government to keep the economy from falling into an abyss, but we must now encourage the creation of business - not burden it.
A change initiative can fail for multiple reasons - in fact, there are just too many things that can go wrong. The focus of the initiative might be wrong - too narrow or too broad. The initiative might be poorly executed or under-resourced. But most often, a change initiative fails because it hits a behavioral impasse. Something in the culture of the company is in conflict with the objective or execution of the initiative.
Most business leaders don't consider their own causality in the creation of problems. They fail to see that their company could have avoided breakdowns if they had acted differently. We tend to see problems as having been created by someone else or by the "economy". It's good to be a little introspective from time to time. Think about how your own behavior might have gotten your company into a problem, and how it may help to get you out.
I think that people still naturally want to be part of a team and participate in the success and achievement of a group effort. So we tend to be enthusiastic and productive - and even loyal. I believe that there are very few people who purposefully try to undermine the efforts of their organization. When people do act against the objectives of a change initiative, it's often because they genuinely believe it's not the right thing for the company to do. You could argue that it's a form of misguided loyalty.
I used to believe that you could change the culture or behavior of a company. I still believe it's possible, but it is at least a five to ten year process, if you are successful at all. More recently, I have been attracted to the ideas of the behavioralist, Edgar Schein. Schein has argued that you cannot change the culture of a company, but you can use the culture of a company to create change. It's an interesting approach to overcoming resistance. And if you can change how a company does its work, you might eventually be able to change how its people think.