Some New Thoughts

Thoughts Regarding Your Success in the 21st Century


 

Now, in the 21st century, individuals and businesses must adapt to new ways of thinking to remain successful during our life here on earth. Below are some thoughts captured from a series of articles which should cause you to reflect on your current lifestyle and maybe adjust to cope with the future of change.

A. “INVESTOR'S BUSINESS DAILY” TEN SECRETS TO SUCCESS

Investor's Business Daily has spent years analyzing leaders and successful people in all walks of life. Most have 10 traits that, when combined, can turn dreams into reality:

  1. How You Think Is Everything. Always be positive. Think success, not failure. Beware of a negative environment.
  2. Decide Upon Your True Dreams and Goals. Write down your specific goals and develop a plan to reach them.
  3. Take Action. Goals are nothing without action. Don't be afraid to get started now... Just do it.
  4. Never Stop Learning. Go back to school, read books, use Goggle, etc. Get training and acquire skills.
  5. Be Persistent and Work Hard. Success is a marathon, not a sprint. Never give up.
  6. Learn to Analyze Details. Get all the facts, all the input. Learn from your mistakes.
  7. Focus Your Time and Money. Don't let other people or things distract you.
  8. Don't Be Afraid to Innovate; Be Different. Following the herd is a sure way to mediocrity.
  9. Deal and Communicate With People Effectively. No person is an island. Learn to understand and motivate others.
  10. Be Honest and Dependable; Take Responsibility. Otherwise, Numbers 1-9 won't matter.

B. OUR GLOBAL ECONOMY & SUCCESSFUL BUSINESS MANAGEMENT

  • Global competitive excellence is to satisfy the customer completely.
  • Impose no burden on society.
  • Energy drive (scale and speed).
  • You must be responsive and flexible.
  • The driver behind competitiveness is satisfying customer wants.
  • Meet or exceed global standards.
  • Managing where the customer is in charge.
  • Responsiveness - coach customer.
  • Flexible - able to turn on a dime.
  • How? Create customer relationships, move constraints (don't optimize within constraints), and simplify to reduce lead time.
  • Customers make profits from their customers, NOT from products.
  • Build relationships constantly.
  • Make relationship building WORK.
  • Empower people to generate "ideas".
  • Minimize variation running processes and respond to the customer. The bottom line will follow.
  • Get the company to make great people.
  • Create info systems that trigger actions in harmony.
   
   
 

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