governance

Change requires companies to change old ways of thinking

The management approach of Deppon Logistics

Warren Buffett is regarded as the best investor of this era, even the "god of stocks", but his management record is also unparalleled. He took over Berkshire Hathaway in May 1965, exactly 50 years ago. To this day, he is still the head of the company. This is an extraordinary achievement. Alfred P. Sloan is probably the most legendary CEO in American business history. He has been in charge of General Motors for 23 years. John D. Rockefeller has been in charge of Mobil for 27 years. In the near future, Bill Gates served as the CEO of Microsoft for 25 years.

All leaders fail sometimes. If they fail, they will often blame those boring reasons, such as strategic mistakes, inadequate marketing, threats from competition and technical mistakes. However, these are just the surface of the problem. All leaders have made the same fundamental mistake: succumbing to some temptation, thereby unnecessarily complicating the situation; Too much attention to certain details has damaged personal leadership.

The vast majority of conflicts and contradictions in enterprises are caused by unclear responsibilities, poor processes and confusing systems.

Without profit, there is no business, no survival value

Many novice managers often lament that management is so complex that they can't get started, and that they have put in a lot of effort but have little success.

A leader who lacks commitment, responsibility and decision-making power will never be able to lead a team well.

In management, some traditional practices are wrong, and managers should avoid making these mistakes.

Social inertia is caused by a lack of incentives