Sunday, May 17, 2009

A Rule Of Thumb with a German Ring

While in Europe someone said to me, "The old boss has to go," it says in German. What I was trying to say was, it's awfully hard for the old boss, who created the organization and built the team, to have the courage and vision to take it apart and transform it. This much is clear: there is an international appetite for a serious discussion of how we got into this mess, what it's going to take to get out of it and, what, if anything, we're going to learn from the experience. I keep repeating Rule #5: change is a math formula. Change happens when the cost of the status quo is greater than the risk of change.

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