Archive for the ‘Performance’ Category

The operator who is trying to eliminate all unpredictability from their restaurant is solving the wrong problem.

In 1996, a biologist named Stuart Kauffman published a theory about how complex systems — cells, ecosystems, economies — organize themselves. His central finding: the most adaptive, highest-performing systems do not operate in perfect order. They do not operate in chaos either. They operate at the edge between the two. He called it the sweet [...]
Ram Charan has advised GE, DuPont, Novartis, Home Depot, and Verizon. He spent 35 years as one of the world's foremost leadership consultants, on the road 365 days a year, inside the organizations that define how business gets done at scale. In 2004, he and Larry Bossidy published Confronting Reality — a follow-up to Execution — built around [...]
In 2002, Larry Bossidy — the man who turned AlliedSignal into a reliable earnings machine and then came back to rescue Honeywell — published a book called Execution: The Discipline of Getting Things Done. He spent the better part of his last years in management trying to teach the business world one thing: that strategy without [...]