There are actually great things about failure: you learn a lot in the process… so much that you may actually be able to help other people. Hence, every year, a multitude of “How To” manuals keep surfacing, in the aim to share (and, um, monetize) tips and tricks on how to achieve almost anything: awesome career, stellar weight loss, killer relationships… you name it. Entrepreneur.com contributor Carol Tice explores a few of those books, and unveils some interesting management tips from the most famous names in business.
P&G: When Core Values are Strategic, from Rick Tocquigny:
- Hire people for their fit with you company, not their resumes. (Interestingly, this past post advises the exact opposite in certain cases: “You want business innovation? You may have to hire innovators.”)
- Build a strong and consistent brand
- Focus on the consumer, and base your product on their suggestions.
Apple: Inside Apple, by Adam Lashinsky
- Have someone accountable for every single task.
- Do not be scared of letting people confront each other and defend their own ideas
- Have a secrecy culture that builds up excitement
Gilt: By Invitation Only, by Alexis Maybank and Alexandra Wilkis Wilson
- Build a real relationship with the members of your management team.
- The execution of your idea may be more important than the idea itself.
These tips may seem trivial, but overlooking even the simplest things can break a venture.
For more advice from business giants, please read the whole article at: http://www.entrepreneur.com/blog/222853
Also, please tell us about what YOU think: do the tips above hold true? What is YOUR main business struggle, or unique advice to get on the road to success? Leave a comment below!
Thank you for reading, and until next week, stay WISE!