Now is a good time to take stock of Superperformers like Berkshire Hathaway, Toyota, Southwest Airlines, Wal-Mart . . . they have all felt the economic impact of the global meltdown except in Wal-Mart's case, mostly positive. Wal-Mart recently committed to
buy back more of its stock and commits to women in leadership. All of these companies are standing. In fact, the entire Super…
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Added by Dave Guerra on June 9, 2009 at 3:11am —
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More Firms Cut Labor Costs Without Layoffs
By MATT RICHTEL
Published: December 22, 2008
To limit layoffs, employers are using four-day workweeks and unpaid vacations, along with wage freezes and flexible work schedules.…
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Added by Dave Guerra on December 21, 2008 at 8:52pm —
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Enterprise Web 2.0
Dion Hinchcliffe
December 4th, 2008
The emerging case for open business methods . . .
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Added by Dave Guerra on December 21, 2008 at 8:16am —
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Added by Dave Guerra on December 19, 2008 at 8:30pm —
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THE RECKONING
On Wall Street, Bonuses, Not Profits, Were Real
By LOUISE STORY
Published: December 18, 2008
As regulators sift through the financial rubble, there are questions about what role lavish bonuses played in the debacle.…
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Added by Dave Guerra on December 18, 2008 at 2:30am —
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Even in Hard Times, Japanese Companies Reinvest in Themselves
By MARTIN FACKLER
Published: December 12, 2008
Lessons learned from the past keep profits pouring into research and new plants.…
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Added by Dave Guerra on December 11, 2008 at 4:00pm —
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CIO Chat
Cisco 2.0
CIO Rebecca Jacoby discusses the networking giant's Web 2.0 push and the impact on its IT operations.
Rebecca Jacoby
When a giant corporation meets up with Web 2.0, two things can happen. First, the company can lock down the information technology infrastructure, bolt the doors and figure…
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Added by Dave Guerra on December 8, 2008 at 6:34am —
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Fortress, the Hedge Fund, Is Crumbling
By MICHAEL J. DE LA MERCED
Published: December 4, 2008
Shares in the Fortress Investment Group plummeted 25 percent, to $1.87, after the firm said that it had temporarily suspended redemptions at its largest fund.…
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Added by Dave Guerra on December 4, 2008 at 6:43am —
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A Japanese company ( Toyota) and an American company (Ford
Motors) decided to have a canoe race on the Missouri River.
Both teams practiced long and hard to reach their peak
performance before the race.
On the big day, the Japanese won by a mile.
The Americans, very discouraged and depressed, decided to
investigate the reason for the crushing defeat. A management
team made up of senior management was formed to investigate
and recommend appropriate action.
Their conclusion was the Japanese had…
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Added by Dave Guerra on December 3, 2008 at 9:44pm —
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Detroit's New Bill: $34 Billion
GM, Ford, and Chrysler present plans for an overhaul as the worst-hit automakers issue a dire warning if help isn't forthcoming…
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Added by Dave Guerra on December 3, 2008 at 9:30am —
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“Our job is to set a tone at the top to incent people to do the right thing and to set up safety nets to catch people who make mistakes or do the wrong thing and correct those as quickly as possible. And it is working. It is working.”
Charles O. Prince III, Citigroup’s chief execut…
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Added by Dave Guerra on November 23, 2008 at 6:00pm —
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Op-Ed Contributor Let
Detroit Go Bankrupt
By MITT ROMNEY
Published: November 19, 2008
A managed bankruptcy may be the only path to the fundamental restructuring the auto industry needs.…
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Added by Dave Guerra on November 23, 2008 at 6:00pm —
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General Electric (GE), the legendary American institution, founded in 1878 by Thomas Edison, is in deep trouble. Its PR machine has been in constant spin mode as the company sinks deeper into despair. It is one of the few companies in the U.S. that still retains a AAA…
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Added by Dave Guerra on November 23, 2008 at 5:59pm —
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As the Federal bailout bonanza prepares to spread beyond the mortgage and financial sectors to fill Detroit's depleted coffers, few economic or policy analysts have spared a thought for the destitution of the U.S. government itself. Put simply, our government doesn't h…
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Added by Dave Guerra on November 23, 2008 at 10:30am —
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Most of us long to live a life that is more open to new possibilities, yet we
systematically constrain ourselves by operating out of a fixed set of assumptions,
beliefs and attitudes. In effect, we block ourselves. We expect the future to be
different, but without any inherent personal change. It is only when we can see
beyond our own self-imposed limitations, when we are able to reframe who we are
and what can be, that we can transform. This requires living in possibility.
Superperformers hold…
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Added by Dave Guerra on November 18, 2008 at 8:40am —
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Performance Management does not lead to improvement of organizations. It erroneously focuses on optimizing the individual instead of the system.
Why focus on improving the whole system instead of the individual parts? System theorist Russ Ackoff shows that a strategy of improving the i…
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Added by Dave Guerra on September 13, 2008 at 12:00am —
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(Copyright©2008. Reprinted with permission of the Institute of Industrial Engineers from Industrial Management Magazine March/April 2008. All rights reserved.)
Download the Paper Here
IMma08Guerra.pdf Continue
Added by Dave Guerra on September 6, 2008 at 12:30pm —
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Superperformance is available to all, but it requires transformation to a new state. This is the same kind of comprehensive change that occurs when water turns to ice. Transformational changes of this type abound throughout nature - the epidemic transmission of a virus, the critical mass of a runaway social trend, metamorphosis of a caterpillar into a butterfly, and even certain emotional changes, like the process of falling in love. The change is comprehensive and dramatic. This is called a pha…
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Added by Dave Guerra on August 30, 2008 at 9:14pm —
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In June 1960, Eiji Toyoda, then Executive Vice President of Toyota Motor Co., Ltd. (TMC), laid down guiding principles for quality control in a document named "Requests regarding inspection." In it he introduced the notion of "building quality into processes," pointing out that "the idea behind an inspection is to eliminate the need for inspections." As long as standards in processes could be kept at the highest possible levels, Toyoda thought inspections would, in an ideal world, become unneces…
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Added by Dave Guerra on August 19, 2008 at 11:09pm —
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Superperforming CEOs are humble, in tune with Robert Greenleaf’s “Servant Leader” and Jim Collins “Level Five Leader.”
Here Warren Buffett likens his job to the job of Eddie Bennett the batboy:
“My managerial model is Eddie Bennett, who was a batboy. In 1919, at age 19, Eddie began hi…
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Added by Dave Guerra on August 16, 2008 at 12:00pm —
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