Control Your Destiny or Someone Else Will - 10092 Words

The following is a highlighted summary of the book, A Stake in the Outcome, published by Doubleday Company. The statements below are key points of the book as determined by James Altfeld and have been made available at no charge to the user. Control Your Destiny or Someone Else Will (p.4) Workers who share their employer’s goals don’t need much supervision. †¢ †¢ †¢ †¢ †¢ †¢ Control your destiny, or someone else will. Face reality as it is, not as it was or as you wish it were. Be candid with everyone. Don’t manage, lead. Change before you have to. If you don’t have a competitive advantage, don’t compete. â€Å"facing reality is crucial in life, not just in business. You have to see the world in the purest, clearest way possible, or you†¦show more content†¦Ambitious GE managers kept their ties knotted and their mouths shut. The mounting expense of this bureaucracy was a major reason GE became a high-cost producer, vulnerable to foreign competition. The complex interaction of GE’s culture, organization, and bureaucracy created a symphony of not-so-subtle signals that taught GEers how to behave. But as Jones realized, behavior that has been appropriate in 1878--or even 1978--might prove disastrous in the 1980s. In an attempt to ensure fair treatment of its workers, GE had assigned all employees to one of twenty-nine civil service style levels of rank. By counting Jim’s ceiling squares, visitors could calculate the footage of his office, and thus his status in the hierarchy, that told the executives whether to grovel before Jim or boss him around. (p.41) The money helped, but ultimately Edison lost his job. The investors forced Edison out, replacing him with a former show salesman named Charles Coffin. In 1892, Coffin reorganized the burgeoning portfolio of business under his command into the General Electric Company. Coffin. Coffin became known as the father of professional management. (p.44) He also ordered a massive reorganization of GE, based on decentralization. Cordiner broke up the company’s operations into departments, each small enough, in the CEO’s phrase†¦ By 1968 the company had 190Show MoreRelatedThe Three Messages from Rosencrantz and Guildenstern are Dead by Tom Stoppard 678 Words   |  3 Pagesthe play Rosencrantz and Guildenstern are Dead at face value, have a few laughs until it stops being funny, and then go on with your life. But you aren’t getting out of it all that Tom Stoppard intended. This play is so much more than just an accompanying work to Hamlet. It fleshes out the characters of Rosencrantz and Guildenstern in a way that makes you consider your own life! And if you really want to take anything from this play, you need to understand the messages it contains. This is a challengeRead MoreEssay on Existentialism in Night1014 Words   |  5 Pageshis essay â€Å"Existentialism†, Jean Paul Sartre discusses the main beliefs of existentialism. 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