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10 steps to success

india Updated: Mar 08, 2010 01:25 IST
World famous management guru and CEO of a major US corporation

World famous management guru and CEO of a major US corporation, Charles Knight, was sent for a tough blue-collared job in a foundry plant during hot summer by his father at the age of 15. Later, he continued his journey on the path of practical learning to various countries. At 30, he revolted against his parents' grand plan and instead of joining his family business joined Emerson Electric, turned it into a best-managed company and rose to the level of its youngest-ever chairman.

What was it that propelled him to the top? And how did he do it? Fortunately, we have all this from him as his 10-point philosophy of life.

n Setting priorities. Health comes first without which we have nothing. Your family comes second and profession comes third. Once the first two are organised, the third is taken care of automatically.

n Ability to grab tough problems and not to hand then over to others. The brunt of making hard decision to be owned by the leader only.

n Set and demand standards of excellence. Mediocrity is directly proportionate to compromise; and once the leader compromises, the whole organisation has to compromise.

n Sense of urgency: It is always better to do something than doing nothing at all.

n Attention to details. Getting facts is the key to good decision- making.

n Commitment: Performance can never be ensured without the commitment. A committed fellow is the person who doesn’t fly into the town on the morning of the meeting, but flies a night before.

n Never worry about things you can’t do anything. Concentrate on the possibilities.

n Temperament and ability to digest failures. No innovation is possible unless a person is willing to accept mistakes.

n Be tough but fair with people. Being tough means setting standards and demanding performance. A leader is not supposed to compromise in choosing people. He cannot let emotions get in the way while making a choice.

n Fun: It means working and let colleagues work in a self- motivated, tension- free and relaxed atmosphere.