Louis Gerstner was a legendary CEO who saved IBM more than 20 years ago. He wrote a book called “Who Says Elephants Can’t Dance?” I love this book and have read it multiple times now. What do I learn from Louis’s book?
Louis had many interesting and useful management principles that I think would never been obsolete. The ones that I like the most are:
- I manage by principle, not procedure.
- The marketplace dictates everything we should do.
- I look for people who work to solve problems and help colleagues. (Love this) I sack politicians.
- I am heavily involved in strategy; the rest is yours to implement.
- (Also love this) Move fast. If we make mistakes, let them be because we are too fast, rather than too slow.
- Hierarchy means little to me. Let put together in meetings the people who can help solve a problem, regardless of position.
When I struggle at work, I always go back to his book. He is like my mentor.