Tag: long term thinking

Management Books

• Idealized Design: How to Dissolve Tomorrow's Crisis...Today by Russell L. Ackoff, Jason Magidson, Herbert J. Addison
  Envision your ideal solution: then, work backwards to where you are. Start-to-finish techniques and examples drawn from hundreds of companies, non-profits, and government organizations will show you how to use idealized design.

Management Articles

• Comparing Lean Principles to the 14 Toyota Principles
  "Toyota Principle #1: Base Your Management Decisions on a Long-Term Philosophy, Even at the Expense of Short-Term Financial Goals. ... Stopping to fix problems puts an organization in a systematic problem solving method (Lean Principle #4) so that bad quality is not passed on and variation is reduced from the system."

• In the Long Run with Jeff Bezos by Jeff Bezos, Bradford Cross
  "A key part of the focus that Bezos puts on the long term view is the way it combines with innovation, drive and customer focus."

• Eager to Stay and Ready to Go by Dan McCarthy
  "5. Build marketable skills. Every job and every project is an opportunity to learn. A good rule of thumb would be for 20% of your job to be new and different each year. Work with your manager to develop an individual development plan (IDP) that provides you opportunities to stretch and grow. ... 9. Build your personal brand. It used to be the only way you could get known outside your company was to speak at a conference or get published. Now, with blogs, Twitter, Facebook and online communities, everyone has the opportunity to have thousands of people get to know them."

• Knowledge workers are the new capitalists by Peter Drucker
  "knowledge workers are highly mobile within their specialism. They think nothing of moving from one university, one company or one country to another, as long as they stay within the same field of knowledge. There is a lot of talk about trying to restore knowledge workers' loyalty to their employing organisation, but such efforts will get nowhere. Knowledge workers may have an attachment to an organisation and feel comfortable with it, but their primary allegiance is likely to be to their specialised branch of knowledge."

• Lay Off the Layoffs by Jeffrey Pfeffer
  "Despite all the research suggesting downsizing hurts companies, managers everywhere continue to do it. That raises an obvious question: why? Part of the answer lies in the immense pressure corporate leaders feel—from the media, from analysts, from peers—to follow the crowd no matter what. ... The facts seem clear. Layoffs are mostly bad for companies, harmful for the economy, and devastating for employees."

• The Achilles’ Heel of Agile by Jurgen Appelo
  "In the case of shared resources, whether it concerns money, space, or system administrators, someone outside of the development teams must keep an eye on long-term sustainability instead of short-term gains by individual teams. The Tragedy of the Commons is the Achilles’ heel of Agile. It takes management to protect that heel, in order to prevent teams from depleting resources, and crippling the organization."

• Why Lean Programs Fail by Jeffrey Liker, Mike Rother
  "a large survey conducted by Industry Week in 2007 found that only 2 percent of companies achieved their anticipated results... When we look at lean in this way it is not only a set of techniques for eliminating waste, but a process by which managers as leaders develop people so that desired results can be achieved, again and again. That means coaching people in practicing an improvement kata every day."

• How Will You Measure Your Life? by Clayton Christensen
  "Doing deals doesn’t yield the deep rewards that come from building up people... Your decisions about allocating your personal time, energy, and talent ultimately shape your life's strategy... worry about the individuals you have helped become better people. This is my final recommendation: Think about the metric by which your life will be judged, and make a resolution to live every day so that in the end, your life will be judged a success."

• From Recalls to Redemption: Toyota Did Not Lose its “Way” by Jeffrey Liker
  "More important, the Toyota Way is guiding their long-term response based on deeply reflecting (hansei), taking responsibility, developing appropriate counter-measures with real punch, and relentlessly implementing the countermeasures. We believe we will see an even stronger and better Toyota that we can be proud of for decades to come."

• Zenjidoka III - Building Excellent People by Norman Bodek
  "Zenjidoka teaches employees (including the dealers) to be self-reliant, empowering them to use every tool and resource at their disposal to immediately investigate and address the customer’s problem... Companies that want to extend quality beyond the factory walls and implement Zenjidoka need to have employees who are skilled enough that they can be trusted with the autonomy to identify and solve customer problems. The development of excellent employees, or Hitozukuri, is necessary to make Zenjidoka work."

• Jobs made Apple great by ignoring profit by Clayton Christensen
  "When the pressure is on and the CEO of a big public company has to choose between doing what’s best for the customer or making the quarter’s numbers… most CEOs will choose the numbers. Apple never has... Profitability isn’t at the center of every decision. Apple's focus is on making truly great products — products so great that its own employees want to use them. That philosophy has made Apple one of the most innovative companies in the world."

• How to Get a New Management Strategy, Tool or Concept Adopted by John Hunter
  "Often when learning about Deming’s ideas on management, lean manufacturing, design of experiments, PDSA… people become excited. They discover new ideas that show great promise to alleviate the troubles they have in their workplace and lead them to better results. But how to actually get their organization to adopt the ideas often confounds them..."

• Doing a Job
  by Admiral Hyman Rickover "In my organization, there are no formal job descriptions or organizational charts. Responsibilities are defined in a general way, so that people are not circumscribed. All are permitted to do as they think best and to go to anyone and anywhere for help. Each person then is limited only by his own ability. Complex jobs cannot be accomplished effectively with transients. Therefore, a manager must make the work challenging and rewarding so that his people will remain with the organization for many years. This allows it to benefit fully from their knowledge, experience, and corporate memory."

• Disruptive Innovation by Clayton Christensen
  Excellent long article (a book chapter) on the topic by the expert. "Disruptive innovations, in contrast, don’t attempt to bring better products to established customers in existing markets. Rather, they disrupt and redefine that trajectory by introducing products and services that are not as good as currently available products. But disruptive technologies offer other benefits—typically, they are simpler, more convenient, and less expensive products that appeal to new or less-demanding customers. Once the disruptive product gains a foothold in new or low-end markets, the improvement cycle begins. And because the pace of technological progress outstrips customers’ abilities to use it, the previously not-good-enough technology eventually improves enough to intersect with the needs of more demanding customers."

• Inside Amazon's Idea Machine: How Bezos Decodes The Customer by Jeff Bezos
  "For Bezos a data-driven customer focus lets him take risks to innovate, secure in the belief that he’s doing the right thing. 'We are comfortable planting seeds and waiting for them to grow into trees,' says Bezos. 'We don’t focus on the optics of the next quarter; we focus on what is going to be good for customers. I think this aspect of our culture is rare.'"

Management Web Sites and Resources

• Life and Legacy of William G. Hunter by John Hunter, William G. Hunter
  George Box, Stuart Hunter and Bill wrote what has become a classic text for experimenters in scientific and business circles, Statistics for Experimenters. Bill also was a leader in the emergence of the management improvement movement. George Box and Bill co-founded the Center for Quality and Productivity Improvement at the University of Wisconsin-Madison. Bill Hunter was also the founding chair of the ASQ statistics division.

• Curious Cat Management Improvement Connections by John Hunter
  The aim of Curious Cat Management Improvement Connections is to contribute to the successful adoption of management improvement to advance joy in work and joy in life. The site provides connections to resources on a wide variety of management topics to help managers improve the performance of their organization. The site was started in 1996 by John Hunter.