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Leadership:
First of all, you need good leadership. Great leaders raise the aspirations of
their followers; they make people more confident,
energetic and
enthusiastic. Such leaders make people embrace the adage: a
plausible impossibility is better than a convincing possibility. People, who are
motivated by great leaders, dream big, make sacrifices and
achieve miracles. It is not sufficient just to have great leaders.
You need a mechanism to identify, train, empower and mentor
successive generations of leaders. Such
leadership training and mentoring has to become the
responsibility of the current generation of leaders.
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Vision: You have to create a grand,
noble
vision which
elevates the energy, enthusiasm and self-esteem of everyone in
the company while ensuring that everybody sees a benefit in
following the vision.
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Benchmarking: Your company has
to
benchmark
itself on a global scale in every area including sales, production,
human resources, R&D and finance. It creates an open and confident
environment where first-raters recruit first-raters.
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Measuring To Improve: A great company
continuously
measures and
improves the following attributes: meritocracy, fairness,
justice, openness,
speed, imagination and excellence in execution.
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Shared Values: A great company
practices an enduring
value system, and follows the finest system of corporate
governance.
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