In 1992, at the time of his death, Sam Walton was one of the richest people in the world. But Walton never forgot his humble beginnings. Indeed, those modest origins instilled in him the values that led to his developing one of the most successful retail businesses the world has ever seen: Walmart.
Making decisions is part of everything we do, and the better our choices, the better our lives, whether deciding between cappuccino or latte macchiato, or between two potential romantic partners.
The story of Starbucks shows that the success of a business depends on the authenticity of its product, and that trust, brand renewal and strong principles are essential to keep a business growing.
Successful leaders are great at managing people: they evaluate them through a transparent and fair system, coach them to advance on their careers, and instill such a culture of candor and integrity that everyone wants to share their ideas and improve the way business is done. Get excited about what you’re doing and make sure your people are too.
Have you ever heard of workplace virtues like balance, collaboration, creativity, excellence , fairness, passion and preparation? This virtues may actually be hindering your organization's performance.
Too many leaders and management consultants try to take short cuts when tasked with shaking up the culture of an organization. Just by stating, “We want a higher profit margin,” they think that employees will jump to action and align their work with this broad and poorly conceived goal. It just doesn’t work that way!
