Friday, August 22, 2008
Punching above your weight in Busimess and the Olympics
In these Olympics, Jamaica and New Zealand won about as many medals as Brazil, and far more than India. So two countries with much larger populations did not perform as well as they should have on that basis. The same can apply to companies. Often, huge companies disappoint. When we look at the best performing countries, they each do well in certain sports, and have training programs and incentives for those sports. In the same way, large companies can do well if the people in those companies understand their own objectives clearly, and get rewarded for performance.