8 points from the article:
- As a leader, one should spend more time than others planning for the future.
- I do not get overly optimistic when the market is good, nor overly pessimistic when the market is down.
- A good reputation for yourself and your company is an invaluable asset not reflected in the balance sheets.
- It doesn’t matter how strong or capable you are; if you don’t have a big heart, you will not succeed.
- To be a successful manager, attitude and ability are equally important ingredients. A leader inspires others to greatness. A boss dominates his subordinates and makes them feel small.
- Though a universal formula for success is difficult to come by, caution signs for failure are posted everywhere. Establishing a structure that serves to minimize failure will prove to be a shortcut to success.
- Successful managers should also have a keen eye for talent. They not only select people who are smarter than themselves, but also avoid picking corporate superstars whose reputation precedes them.
- The art of good management lies in the capacity to accept change, and the ability to meld new and traditional thinking.
–from the Li Ka Shing Foundation
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