Eddie Obeng's New Rules for the New World: Cautionary Tales for the New PDF

By Eddie Obeng

"Making it ensue is Obeng’s consistent chorus and his books are an antidote to the dryness of a lot managerial theorizing. outdated global they're not." — monetary instances "At final, floor principles from a number one administration philosopher who places his personal theories into perform sooner than taking them out to the world." "We knew our company practices weren't as potent as they'd as soon as been. Now we all know why. the hot international creates a complete new set of rules." "Now I comprehend why our outdated global ways aren't yielding up to they used to." "To lead the area you want to imagine in a brand new international means. New ideas for the recent global presents the guidelines and assistance to make it happen…and happen…and ensue again." "You can’t have international management with no best considering and prime behaviour. New ideas for the recent global is a brief reduce to the front." "Eddie Obeng… a guy to observe for the millennium" — Human assets

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Additional resources for New Rules for the New World: Cautionary Tales for the New World Manager

Sample text

We had an Away-Day to discuss what to do. ” Franck looks blank. I guess the solution isn’t as obvious a solution as I’d thought. ” I say imploringly, “Empowerment. ” “Standard operating procedure,” I respond for clarification. “Empowered staff can be asked and encouraged to modify the existing product and service offerings providing all the new ideas we need for the gap in the pipeline. ” Franck is nodding. “Very neat,” he says. “A very neat solution indeed,” he almost applauds. ” He lets his last statement hang in the air as if waiting for me to make sense of it for him.

Cautionary Tales – Uncertain Strategist’s Tale 37 There was one wrinkle though. Perhaps more like a big crease. Some of our business was not only being lost to our traditional competitors but also to new emergent competitors. The difference with the new competitors was that they weren’t playing fair. They weren’t competing head to head. For example, whilst we were offering customers purely service, their service was backed up with comprehensive guarantees. But the worst part was that because they were using the new technologies to provide the new services, they had a completely different cost base to us and whereas we made money directly from the customer they also made money by distributing hardware on behalf of OEMs.

It was a good description. We all laughed. It broke the tension. ” New Rules for the New World 42 Franck smiles warmly. “What I want to know is how could we have avoided being in this situation. We seem to have done everything right so how come . . ” My voice trails off as I pass the baton to Franck. Franck takes a deep, long breath. ” I nod. “You improved your chances of success by doing few things but doing them all the same way. ” For some reason he stresses the word ‘or’. ” It’s the same question he’d asked earlier.

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