Basic philosophy, spirit and drive of an organization have far more to do with its relative achievements than do technological or economic resources, organizational structure, innovation and timing.
If you are not willing to take pain to live by your principles, there is no point in having principles.
There is no such thing as business ethics. There is only one kind -- you have to adhere to the highest standards.
People should be judged on the basis of their performance, not nationality, personality, education, or personal traits and skills.
I believe that leaders and leadership teams working together in a proper design will run the business more effectively than by hierarchical, command-and-control managing. But I can't prove that. And there are no models.
The difference between a leadership and a command company can be very great indeed, because in a hierarchical situation, people who have concerns about reactions against themselves would simply not put forward negative information.
Leading fosters a working atmosphere that stimulates an open exchange of ideas and fosters dissent. People should show a genuine concern for one another and treat one another with fairness, as peers and friends. With such an atmosphere it should be a pleasure to come to work.
A business of high principle attracts high-caliber people more easily, thereby gaining a basic competitive and profit edge.
A business of high principle generates greater drive and effectiveness because people know that they can do the right thing decisively and with confidence.
Decisions should be based on facts, objectively considered.
Decisions should be based on facts, objectively considered what I call the fact-founded, thought-through approach to decision making.
The course of business shapes public opinion.
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