DO'S AND DON'TS
DURING RESTRUCTURING PERIODS
"Leaders are students of the past, critics of the present, and lovers of the future"
BASIC BELIEFS
There are eight fundamental principals I have compiled through my business experiences and adhered to with remarkable success.
I call them my "Eight M's" and they are: Manpower, Money, Material, Machines, Markets, Motivation, Morale and Management.
Winners drive for results. Losers count the damages.
There are three kinds of people in the world: those who don't have a clue what is happening, those who watch things happen and those who make things happen, otherwise known as leaders or winners.
THE 8th Ms
Manpower
A steady diet of hard work does not kill;
it makes me live longer and happier. People will
make or break the business.
Money
What is a business in the final analysis? The answer
of course is money! Most companies can reduce costs
by 30 to 50 percent by doing a few simple things...
Material
Like it or not, good housekeeping is
essential for quality and efficiency.
Machines
Finished machines are to be sold. Office machines
are to help make the sale.
Markets
Practice new methods of broadening the
markets...Then get out there and take it away from
your competitors.
Motivation
What is the bottom line? Business is a web of
uncertainty...Our people must want to work with us.
Morale
Whether there's a risk involved, a move to make or a
decision that must be made quickly, we must make
things happen.
Management
Nothing makes for success in business like a sense
of urgency. Leadership involves breathing, eating
and sleeping while creating our own "artificial"
deadlines with room to make mistakes.