Thursday, July 21, 2011

A peek into Warren Bennis's mind




Warren Bennis is the Professor of Business Administration at the University of Southern California.Bennis has consulted for many Fortune 500 companies and served as adviser to four U.S. presidents. In 2007, Business Week called him one of ten business school professors who have had the greatest influence on business thinking.


Warren Bennis's rankings in the Thinkers 50 list of most influential business thinkers: 

2011        ?
2009       # 36
2007       # 24
2005       # 27
2003       # 13
2001       # 13

Warren Bennis quotes:

”Becoming a leader is synonymous with becoming yourself. It is precisely that simple, and it is also that difficult.”

”Cicero talks, and people marvel; Ceasar talks and people march.”

”Companies which get misled by their own success are sure to be blind sided.”




”Excellence is a better teacher than mediocrity. The lessons of the ordinary are everywhere. Truly profound and original insights are to be found only in studying the exemplary.”

 ”Failing organizations are usually over-managed and under-led.”

”Good leaders make people feel that they're at the very heart of things, not at the periphery. Everyone feels that he or she makes a difference to the success of the organization. When that happens people feel centered and that gives their work meaning.”




”Great Groups are vivid Utopias. They are a picture of the way organizations ought to look -- sort of like a set of aspirations and a graphic illustration of what's possible. So how do we, in our mundane, quotidian organizations, create these things? I think there are a number of factors that we can look at.”



  
”Great things are accomplished by talented people who believe they will accomplish them.”
  
”He or she is a pragmatic dreamer, a person with an original but attainable vision. Ironically, the leader is able to realise his or her dream only if others are free to do exceptional work. Typically, the leader is the one who recruits the others, by making the vision so palpable and seductive that they see it, too, and eagerly sign up. Inevitably, the leader has to invent a leadership style that suits the group. The standard models, especially command and control, simply don't work. The heads of groups have to act decisively, but never arbitrarily. They have to make decisions without limiting the perceived autonomy of the other participants. Devising and maintaining an atmosphere in which others can put a dent in the universe is the leader's creative act.”
  
”I wanted the influence. In the end I wasn't very good at being a president. I looked out of the window and thought that the man cutting the lawn actually seemed to have more control over what he was doing.”
  

”I'd always rather err on the side of openness. But there's a difference between optimum and maximum openness, and fixing that boundary is a judgment call. The art of leadership is knowing how much information you're going to pass on -- to keep people motivated and to be as honest, as upfront, as you can. But, boy, there really are limits to that.”
”Leaders are people who do the right thing; managers are people who do things right.”

”Leaders keep their eyes on the horizon, not just on the bottom line.”

”Leaders must encourage their organizations to dance to forms of music yet to be heard.”

”Leadership has become a heavy industry. Concern and interest about leadership development is no longer an American phenomenon. It is truly global. Though I will probably be in less demand, I wanted to move on.”

”Leadership is the capacity to translate vision into reality.”

”Leadership is the wise use of power. Power is the capacity to translate intention into reality and sustain it.”

”Our tendency to create heroes rarely jibes with the reality that most nontrivial problems require collective solutions.”

”People who cannot invent and reinvent themselves must be content with borrowed postures, secondhand ideas, fitting in instead of standing out.”

”Perhaps the key factor, and it's almost a banal thing to say, is finding a meaning in what you do. That is, how do you make people feel that what they're doing is somewhat equivalent to a search for the Holy Grail?”


”Taking charge of your own learning is a part of taking charge of your life, which is the sine qua non in becoming an integrated person.”

”The factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment.”

”The leaders I met, whatever walk of life they were from, whatever institutions they were presiding over, always referred back to the same failure something that happened to them that was personally difficult, even traumatic, something that made them feel that desperate sense of hitting bottom--as something they thought was almost a necessity. It's as if at that moment the iron entered their soul; that moment created the resilience that leaders need.”

”The manager accepts the status quo; the leader challenges it.”

”The manager administers; the leader innovates.”  

”The manager asks how and when; the leader asks what and why.”

”The manager has a short-range view; the leader has a long-range perspective.”

”The manager has his eye on the bottom line; the leader has his eye on the horizon.”

”The most dangerous leadership myth is that leaders are born -- that there is a genetic factor to leadership. This myth asserts that people simply either have certain charismatic qualities or not. That's nonsense; in fact, the opposite is true. Leaders are made rather than born.”

"The most dangerous leadership myth is that leaders are born-that there is a genetic factor to leadership. This myth asserts that people simply either have certain charismatic qualities or not. That's nonsense; in fact, the opposite is true. Leaders are made rather than born."

"There are two ways of being creative. One can sing and dance. Or one can create an environment in which singers and dancers flourish."

"This is more than just having a vision. You can see the difference in the often-cited way in which Steve Jobs brought in John Sculley to take over Apple. At the time, Sculley was destined to be the head of Pepsico. The clincher came when Jobs asked him, How many more years of your life do you want to spend making colored water when you can have an opportunity to come here and change the world?"

"Trust is the lubrication that makes it possible for organizations to work."

"What makes a good follower? The single most important characteristic may well be a willingness to tell the truth. In a world of growing complexity leaders are increasingly dependent on their subordinates for good information, whether the leaders want to hear it or not. Followers who tell the truth and leaders who listen to it are an unbeatable combination."

"Without a terrific leader, you're not going to have a Great Group. But it is also true that you're not going to have a great leader without a Great Group."

"You need people who can walk their companies into the future rather than back them into the future." 

Books authored / co-authored by Warren Bennis:

Tuesday, July 19, 2011

A peek into the mind of Malcolm Gladwell

Malcolm Gladwell has been a staff writer with The New Yorker magazine since 1996. His 1999 profile of Ron Popeil won a National Magazine Award, and in 2005 he was named one of Time Magazine's 100 Most Influential People.  Earlier he was a reporter with the Washington Post, where he covered business, science, and then served as the newspaper's New York City bureau chief.








Malcolm Gladwell's rankings in the Thinkers 50 list of most influential business thinkers: 
  • 2011         ?
  • 2009         2
  • 2007        18
  • 2005        31
  • 2003         -
  • 2001         -
Books authored / co-authored by Malcolm Gladwell:
  • What the Dog Saw (2009)
  • Outliers: The Story of Success (2008)
  • Blink: The Power of Thinking Without Thinking (2005)
  • The Tipping Point: How Little Things Make a Big Difference (2000)
Malcolm Gladwell quotes:

Monday, July 18, 2011

A peek into the mind of Paul Krugman

Paul Krugman is the recipient of the 2008 Nobel Prize in Economics for his work in international trade patterns. He is a professor of economics and international affairs at Princeton University, Centenary Professor at the London School of Economics, and also a well-known  op-ed columnist for The New York Times.
He has served as a consultant to the Federal Reserve Bank of New York, the World Bank, the International Monetary Fund, the United Nations, as well as to a number of countries including Portugal and the Philippines. He has also served as senior international economist for the President's Council of Economic Advisers.

 

 

 
Paul Krugman's rankings in the Thinkers 50 list of most influential business thinkers:
  • 2009       3
  • 2007       -
  • 2005      39
  • 2003      30
  • 2001       -

 

Notable books authored / co-authored by  Paul Krugman:
 
Krugman is the author or editor of 23 books and more than 200 professional journal articles, many of them on international trade and finance.
 
 
  
Paul Krugman quotes:

 
"For most Americans, economic growth is a spectator sport."

 
"Economics is really about two stories. One is the story of the old economist and younger economist walking down the street, and the younger economist says, ‘Look, there’s a hundred-dollar bill,’ and the older one says, ‘Nonsense, if it was there somebody would have picked it up already.’ So sometimes you do find hundred-dollar bills lying on the street, but not often—generally people respond to opportunities. The other is the Yogi Berra line ‘Nobody goes to Coney Island anymore; it’s too crowded.’ That’s the idea that things tend to settle into some kind of equilibrium where what people expect is in line with what they actually encounter."

 
"Politics determines who has the power, not who has the truth."

 
"If Bush said the Earth was flat, the mainstream media would have stories with the headline: 'Shape of Earth—Views Differ.' Then they'd quote some Democrats saying that it was round."
 
"Conventional wisdom says that the responsible thing is to make the unemployed suffer. And while the benefits from inflicting pain are an illusion, the pain itself will be all too real."
 
 

 
"Even if he feels aggrieved, he has to judge his words by their usefulness, not by his desire to vent. "
 
"I believe in a relatively equal society, supported by institutions that limit extremes of wealth and poverty."
 
 

 
"If it were profitable to have indentured servants in the modern world, I'm sure that Richard Scaife's think tanks would have no trouble finding justifications, and assorted Christian groups would explain why it's God's will."

 
"The appeal to the intellectually insecure is more important than it might seem. "

 
"The rich are different from you and me: they have more influence."

 
“Unsustainable situations usually go on longer than most economists think possible. But they always end, and when they do, it's often painful.”

 

Friday, July 15, 2011

A peek into the mind of CK Prahalad


C.K. Prahalad was the Harvey C. Fruehauf Professor of Business Administration at the University of Michigan Business School specializing in corporate strategy and international business. A globally recognized business guru,  he consulted for the top management of many of the world’s foremost companies, such as Ahlstrom, AT&T, Cargill, Citicorp, Eastman Chemical, Oracle, Phillips, Quantum, Revlon, Steelcase and Unilever.





CK Prahalad's rankings in the Thinkers 50 list of most influential business thinkers:
  • 2009        1
  • 2007        1
  • 2005        3
  • 2003       12
  • 2001        8

Books authored / co-authored by CK Prahalad:
  • Multinational Mission: Balancing Local Demands and Global Vision (1987)
  • Competing for the Future (1994)
  • The Future of Competition: Co-Creating Unique Value with Customers (2004)
  • The Fortune at the Bottom of the Pyramid: Eradicating Poverty through Profit (2004)
  • New Age of Innovation (2008)
  • The Multinational Mission: Balancing Local Demands and Global Vision (1999)
  • Strategic Flexibility: Managing in a Turbulent environment (1999)
  • The Boundaryless Organization: Breaking the Chains of Organizational Structure (1995)

CK Prahalad quotes:
"If your aspirations are not greater than your resources, you’re not an entrepreneur." (strategy + business)
"Any company that cannot imagine the future won't be around to enjoy it." (Competing for the Future)
"Honesty and humility on the part of top management may be the first prerequisite of revitalization in a company". (Harvard Business Review)
"An organization’s capacity to improve existing skills and learn new ones is the most defensible competitive advantage of all." (with Gary Hamel in Harvard Business Review)
"If you want new ideas, you have to push yourself in the periphery."
"Executives are constrained not by resources, but by their imagination."
"The urgent drives out the important, the future goes largely unexplored; and the capacity to act, rather than the capacity to think and imagine, becomes the sole measure of leadership.” (Competing for the Future)
"Assume responsibility for outcomes as well as for the processes and people you work with. How you achieve results will shape the kind of person you become." (with Gary Hamel in Harvard Business Review)
"An incumbent’s greatest vulnerability is its belief in accepted practice." (with Gary Hamel in Harvard Business Review)
The perspective on outsourcing must shift from a focus on cost arbitrage to one encompassing a global search for resources and methodologies for leveraging resources. (with M.S. Krishnan in Optimize Magazine)
"CIOs should ask themselves two questions: "How well can we convert business ideas into business processes?" and "How flexible are my systems to translate BP into IT?" Those who make this transition will be the facilitators of their companies' success. If not, they will be the bottleneck. The choice is clear: CIOs must be the bridge in the logic chain between strategy and operational excellence." (Optimize Magazine) 
"In many companies, business unit managers are rewarded solely on the basis of their performance against return on investment targets. Unfortunately, that often leads to denominator management because executives soon discover that reductions in investment and head count—the denominator—“improve” the financial ratios by which they are measured more easily than growth in the numerator: revenues. It also fosters a hair-trigger sensitivity to industry downturns that can be very costly. Managers who are quick to reduce investment and dismiss workers find it takes much longer to regain lost skills and catch up on investment when the industry turns upward again." (With Gary Hamel in Harvard Business Review) 
"Beset by new competitive reality, firms typically start to focus on better asset management (reduction of working capital) as well as in reduction of investment requirements by selective outsourcing. However, vitality in the medium to longer term comes not from asset reduction but from resource leverage."
"I see nothing but opportunities. If India can leverage its diversity and harmonize the talents available than 30 of the Fortune 500 companies will emerge from India." (Acceptance speech for the Global Indian of they year award 2004)
"Every one of my research projects started the same way: recognizing that the established theory did not explain a certain phenomenon. We had to stay constantly focused on weak signals. Each weak signal was a contradictory phenomenon that was not happening across the board. You could very easily say, “Dismiss it, this is an outlier, so we don’t have to worry about it.” But the outliers and weak signals were the places to find a different way to think about the problem." (strategy + business)
“Strategy is about stretching limited resources to fit ambitious aspirations” (Competing for the Future)
“The essence of strategy lies in creating tomorrow’s competitive advantages faster than competitors can mimic the ones you possess today.”