Friday, January 16, 2015

Augustine on Management

From Industry Week in 2013: An interview with former Lockheed Martin CEO Norman Augustine. An excerpt:

If you’re at a company with 180,000 employees as I was, you don’t make much difference by yourself. It’s “Can you create an environment where everybody else is at their best?” To do that, you’ve got to have people around you that are really talented.

I’m a delegator. I believe in delegating. My 13 words are: “Find good people. Tell them what you want and then leave them alone.”

That’s my management secret. It’ll save you two years, $100,000 at business school, if you do those things.

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