Hope for American Corporations
After reading through list thread, it appears as if Smith & Wesson actually
wants to go out of business. They sure are trying hard to get there!
I found an excellent resource for CEOs and other corporate professionals. Most people don't think twice about 5% waste, but if you've a 5% profit margin, trimming just 5% of the waste will DOUBLE your Net Income.
Here's the quick and dirty list of what's wrong with Corporate America:
1. Wasting time in meetings. More
2. Putting work above all else in life. More
3. Too many long, boring emails. More
4. CEOs with weak backbones. More
5. Managers who avoid tough decisions. More
6. Unclear direction and poor follow-up. More
7. Too much "collaboration" and not enough action. More
8. Overly complicated & ornate PowerPoint decks. More
9. Corporate double standards & sexism. More
10. Reluctance to promptly address failures and setbacks. More
11. Rampant politics and infighting. More
12. Poor calendar management. More
13. Selfish executives looking out for themselves. More
14. Poor career management. More
15. Lack of consistency and focus. More
16. Failure to take notes and follow-up. More
17. Protecting poor performers. More
18. Managers who put friendship over performance. More
19. Lack of executive integrity. More
20. Using community events for personal gain. More
21. Chasing too many strategic objectives. More
22. Matrixed reporting lines without a single boss. More
23. Whiners, complainers and pointless debaters. More
24. Corporate favoritism and bias. More
25. Passing the buck and blaming "corporate." More
26. Bullies and jerks. More
If you'd like to learn how to fix these, check out this gentleman's website.
ExecuBridge