Mel,
Richard Koch's brand new book The 80/20 Manager is just out this week. Some juicy sound bytes:
On Bill Bain, founder of Bain Consulting:
"It probably didn't take Bill Bain long to work out this ingenious formula ad then to build his firm around it. But the value created for Bain & Company - and usually for the client, too - was astronomical. Bill spent his time on what he was uniquely qualified to do. His output bore no relation to the time or effort he inputted. But if Bill had been less lazy, I doubt that he ever would have dreamed up this amazing wealth-creation system. Also, I believe his lack of an MBA helped tremendously."
"Surely it is significant that the two most creative and influential management consultants of the last sixty years were indubitably the laziest too."
Quoting Bertrand Russell:
"Work is of two kinds: first, altering the position of matter at or near the earth's surface relatively to other such matter; second, telling other people to do so. The first one is unpleasant and ill paid; the second is pleasant and highly paid.”
On Execution:
"All strategic managers value thought above action."
On Innovation:
"If you have a hunch as to how your industry could be reconstructed, if you know what it lacks that a totally different approach might bring, and if you have an inkling of what that approach might be, you should pursue it… because you might well be on your way to founding the next Google or Facebook."
On Simplification:
"The greatest challenge for any business based on product innovation is how to simplify is products and in the process make them more affordable and easier to use. Product simplification is hard to achieve but it is a sure route to domination and expansion."
On Laziness:
"Laziness is the road to progress, but only when it is allied to intelligent thought and high ambition."
On Decisive Leadership:
"There's a true story about a handful of soldiers who got lost on a training exercise in the Alps when they became detached from their battalion. The snow disoriented them. Every peak looked the same.
They argued about which way to go. Light was fading. They were cold, hungry and afraid. They had little chance of surviving the night in the freezing temperatures. Then a miracle happened. One of them found a map in the lining of his kitbag.
He figured out the route, pointed the way, and they all marched briskly back to base. It was only when they were warm and well fed that the soldier looked closer at the map. It was of the Pyrenees, hundreds of miles away."
Get your copy of The 80/20 Manager on Amazon
Perry Marshall
***NOTE: Please do not reply directly to this email, instead go to http://support.perrymarshall.com
 | Free Video
We manage our emails with Infusion. This Guide and Video explain my secret marketing sauce. |
No comments:
Post a Comment