Make speed a
habit
Incorporate speed into every activity and process. Decrease control: as
control decreases, speed increases, and vice versa.
→
3Ss of
Winning in Business
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Cultivate the culture of speed
"Speed
is the indispensable ingredient in competitiveness... Speed keeps
businesses – and people – young." Speed exhilarates and
energizes. It's addictive, and it's a taste you need to cultivate.
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Eliminate layers
Delayering speeds communications and
helps
to get
→
new products
 and services to markets more quickly.
Remove all
roadblocks
The world is becoming more information-intensive, and decision-making
and quick responses are indispensable weapons. And in future, change
will be even quicker. "The old advantages of patience, paternalism, and
respect for tradition are now hurdles in a world that is rapidly
changing."
Anything that slows your company down must be removed.
Eliminate bureaucracy,
make informal a way of life, and
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empower employees.
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Don't "sit" on
decisions
Don't set something aside instead of making a decision on the spot. In
order to get speed,
real speed, decisions at virtually every level have to be made
in minutes, not days or weeks.
>>>
Create an open
organization
"Speed is the product of an open organization. Enormous energy and the
ability to
→
energize others
is one of our critical values.
Involve everyone and move quickly. If you can't come to a fast decision, and
you can't get everybody in the game quickly, then you don't have the
right
→
values. Being a brilliant administrator is not
enough. You've got to excite people. Get them going."
Communicate faster
Make your messages
simple and
informal. Be
focused and consistent. Remove constraints blocking communication
between senior and junior levels of your organization, between product
groups, across functions, and across geographic and
→
cultural lines.
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Pounce every day
"Leave no stone unturned. Live urgency. Don't waste time. There is
simply not a moment to lose. Take advantage of every minute, and know
that even a minor delay can mean losing vital business."
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Make decisions faster .
Move faster than your
competitors to
→
win
business, please customers and
snap up opportunities.
>>>
"Don't sit still. Anybody sitting still, you
can guarantee they're going to get their legs knocked out from under
them." |
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→
Jack Welch's
5 Strategic Questions |
