Louis Gerstner’s management principles

I have a few “book” mentors. They are the leaders that I admire and they wrote books to share their wisdoms. One of them is Louis Gerstner. He was a former CEO of IBM who turned IBM around. When he took over the role, he shared his management principles with his executive team. I want to share some of them that I strictly follow until today.

  1. I manage by principle, not procedure.
  2. The marketplace dictates everything we do.
  3. I look for people who work to solve problems and help colleagues. I sake politicians.
  4. I am heavily involved in strategy. The rest is yours to implement.
  5. Move fast. If we make mistakes, let them be because we are too fast, rather than too slow.
  6. Hierarchy means little to me. Let put together in meetings the people who can help solve a problem, regardless of position. No committee decision making.

One of his quotes that I like is…

Watch the turtle. He only moves forward by sticking his neck out.

Louis Gerstner

I put my neck out there all the times. It would be chopped off one day.

Apivut

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