Two things stuck out to me in this interesting review. One "Japanese companies and other successful market-oriented businesses know that change is inevitable and, therefore, keep their organizations learning." "If there’s a project that everyone down the line agrees has a three-fourths chance of succeeding, the odds of getting that project through eight approval levels are one in ten. Many executives will justifiably say to themselves, why bother? (The Japanese have learned how to make rapid decisions by consensus without bogging down in layers of bureaucracy.)" Wow! It just impresses me that someone has it figured out already. Why don't we? The key here is "learning," one of our purposes here on earth is to learn and with that said; companies can't stand in limbo in the market and expect to do well. Opportunities of growth are always knocking at the door, and surrounding us yet if the mindset is to just go with the flow of the norm; it isn't saying much for a lot of businesses. That's why entrepreneurship is such an attractive mindset; flexibility and creativeness are what some people and companies lack unfortunately.
The other statement I liked is: A project can win the support of 99 people and then get scuttled by just one rejection. An entrepreneur, though, can be rejected 99 times but go ahead if one crucial respondent gives approval. It is funny; this reminded me of missionary work. Our ward mission leader said for every 5 people who reject the message of the gospel there is 1 that will want it. Obviously the numbers are a little different here, but its the same principle. Missionaries as well as entrepreneurs have to be flexible and creative in their service/work sometimes. Sometimes just like in missionary work, businesses have to change things up and come up with different strategies of doing things to prosper. If it isn't broken then don't fix it. Yet if it's not working well then you need to at least adjust something.
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