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Quotes from Great Corporate Leaders
"No matter how deep a study you make, what
you really have to rely on is your own
intuition and when it comes down to it, you really don't know what's
going to happen until you do it."
Konosuke Matsushita
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Entrepreneurial Leader: 4
Specific Attributes
Lessons
18 Lessons for Leaders from Colin Powell
Once the information is in the 40 to 70 range,
go with your gut. Don't wait until you have enough facts to be 100% sure,
because by then it is almost always too late....
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Case
in Point
Konosuke
Matsushita
Panasonic's founder
Konosuke Matsushita said, "No matter how deep a study you make.
What you really have to rely on is your own
intuition and when it
comes down to it, you really don't know what's going to happen until
you do it." His intuition was amazing. He saw markets before they
were there.
Once he listened to a group of his managers
present a convincing argument, buttressed with statistics, that first-year
production of a new foot warmer should be 50,000. Matsushita glanced over
the figures, quietly said: "A hundred thousand." The company made a hundred
thousand and sold them easily.1 ...
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Matsushita's
10 Management Lessons
Steve Jobs is
one of the most successful entrepreneurs of
our generation. His success story is legendary. Put up for adoption at an early
age, dropped out of college after 6 months, slept on friends floors, returned
coke bottles for 5 cent deposits to buy food, then went on to start Apple
Computers and Pixar Animation Studios.
"Your time is limited, so don't waste it living someone else's life," says Steve
Jobs. "Don't be trapped by dogma which is living with the results of other
people's thinking. Don't let the noise of other's opinions drown out your own
inner voice. And most important, have the courage to follow your heart and
intuition. They somehow already know what you truly want to become.
Everything else is
secondary."...
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Case in Point
3M
Ram Charan and Noel Trichy in their
book Every Business Is a Growth Business write: "Many companies have
seemingly done well thinking from the inside out. 3M achieved legendary
success as an innovator by giving its people room
to develop
their ideas in quasi-entrepreneurial fashion.
For years, it ranked among
the leaders of FORTUNE's list of most admired companies.
But during the
first half of of the 90s, 3M grew its
top line
less than 4% despite the brilliance of its entrepreneurial technologists.
There wasn't enough feedback from the
marketplace missing were the
insight into the customer's mind, and the intuitive
observations about needs that could have translated inventiveness into
powerful growth." In late 90s, new leadership got the company back on
track with
outside-in growth initiatives.
Customer Success 360
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