Silicon Valley Rule of Thumb
A company is "high tech" if at least 10% of its employees are engaged in research and development activities.
Short, sweet, to the point ... tips, tools, and rules of thumb for innovators and entrepreneurs!
A company is "high tech" if at least 10% of its employees are engaged in research and development activities.
Alice came to the fork in the road ... "Which road do I take?" she asked ... "Where do you want to go?" responded the Cheshire cat ... "I don't know," Alice answered ... "Then," said the cat, "it doesn't matter."
Sage advice for
Leadership,
Mission,
Planning,
Vision
I believe that it is better to tell the truth than to lie, I believe that it is better to be free than to be a slave, and I believe that it is better to know than be ignorant.
Perfection is not attainable, but if we chase perfection we can catch excellence.
Sage advice for
Mission,
Quality Control,
Vision
Customers pay our salaries ... they are the most important visitors on our premises ... they are not dependent on us, we are dependent on them ... they are not an interruption in our work, they are the purpose of it ... we are not doing them a favor by serving them, they are doing us a favor by giving us the opportunity to serve them.
Business has only two basic functions ... marketing and innovation.
Sage advice for
Innovation,
Marketing,
Mission
Earn a profit solving customer problems better than the competition!
[This is my number one Business Rule of Thumb ... the fundamental recipe for success in business! Every successful business follows this rule, consciously or not. Every successful business must earn a profit ... it must continuously solve its customer problems ... and it must be better than the competition, the alternatives, the substitutes ... or its customers will go somewhere else! --Jim]
Sage advice for
Critical Success Factor,
Mission,
Strategy,
Success,
Vision
The top three success factors for every new business venture are the ability to solve customer problems, to be better than the competition through innovation, and to have a clear path to profitability.
Sage advice for
Critical Success Factor,
Entrepreneur,
Mission
1. Give every member of your organization a chance to dream, and tap into the creativity those dreams embody.
2. Stand firm on your beliefs and principles.
3. Treat your customers like guests.
4. Support, empower, and reward employees.
5. Build long-term relationships with key suppliers and partners.
6. Dare to take calculated risks in order to bring innovative ideas to fruition.
7. Train extensively and constantly reinforce the company's culture.
8. Align long-term vision with short-term execution.
9. Use the storyboarding technique to solve planning and communication problems.
10. Pay close attention to detail.
Sage advice for
Mission,
Operations,
Vision
The consumer is our boss, quality is our work, and value for money is our goal.
Sage advice for
Mission,
Quality Control,
Strategy
Imagination is a good servant and a bad master.
Sage advice for
Action,
Imagination,
Mission
To accomplish the impossible, we must attempt the absurd.
Sage advice for
Accomplishment,
Mission
You got to be very careful if you don't know where you're going, because you might not get there.
Make yourself necessary to someone.
Sage advice for
Mission,
Opportunity,
Strategy