Posts tagged “C-Suite

Larry Page’s Rules for Management

Posted on November 1, 2015


Larry Page’s rules for management are interesting in isolation, and in the context of Google’s evolution: Don’t delegate: Do everything you can yourself to make things go faster. Don’t get in the way if you’re not adding value. Let the people actually doing the work talk to each other while you go do something else. Don’t be a bureaucrat. Ideas are more important than age. Just because someone is junior doesn’t mean they don’t deserve respect and cooperation. The worst thing you can do is stop someone from doing something by saying, “No. Period.” If you say no, you have to help them find a better way to get it done. Asked about his approach to running the company, Page once told a Googler his…

Lessons from Maersk CFO

Posted on February 14, 2014


Maersk CFO Trond Westlie outlines his rules for success in Issue 9 of EY’s Capital Insights: Use what’s already in the business but improve upon it. Even though you may have different views on how things should be done, the business has evolved over many years. You need to optimize what is already in the business. You have to make sure the processes that drive the finance and performance management functions are structured and transparent. Everyone in the organization needs to know about them. Get rid of budgets. They are a waste of time. The world is changing so much, so the only thing budgets are good for is cost control. And most businesses know how many cars, offices and people they need, so…

Bob Nardelli Speaks

Posted on September 13, 2013


Bob Nardelli, the former Chrysler and Home Depot CEO, spoke at an event I attended this week. Consistent with his hard-nosed reputation, he referenced a Wide World of Sports “the thrill of victory…and the agony of defeat” perspective on business. (He actually reversed the quote, mentioning the agony part first. Read into that if you so choose.) His remarks touched on a variety of topics including: Approach to business growth: 1) enhance the core, 2) extend the business and 3) expand the market Thoughts on organizational progress: internal rate of change must be greater than the external rate of change Notable CEO trends: an increasing number of constituents to please, a great focus on quarterly earnings-per-share and the certainty of uncertainty Naturally he made…