Saturday, June 26, 2010

Steve Jobs Rules of business...Rules Of Legendry In Business

Corporate Management
Steve Jobs' 12 Rules of Success
Lessons from Steve Jobs, Founder of Apple Computers
Steve Jobs is one of the most successful entrepreneurs of our generation. His success story is legendary. Put up for adoption at an early age, dropped out of college after 6 months, slept on friends’ floors, returned coke bottles for 5 cent deposits to buy food, then went on to start Apple Computers and Pixar Animation Studios.
1 Do what you love to do. Find your true passion. Do what you love to do a make a difference! The only way to do great work is to love what you do.
The Power of Passion
2Be different. Think different. "Better be a pirate than to join the navy."
3 Do your best. Do your best at every job. No sleep! Success generates more success. So be hungry for it. Hire good people with passion for excellence.
4 Make SWOT analysis. As soon as you join/start a company, make a list of strengths and weaknesses of yourself and your company on a piece of paper. Don't hesitate in throwing bad apples out of the company.
5 Be entrepreneurial. Look for the next big thing. Find a set of ideas that need to be quickly and decisively acted upon and jump through that window. Sometimes the first step is the hardest one. Just take it! Have the courage to follow your heart and intuition.
Entrepreneurial Leader: 4 Specific Attributes
6 start small, think big. Don't worry about too many things at once. Take a handful of simple things to begin with, and then progress to more complex ones. Think about not just tomorrow, but the future. "I want to put a ding in the universe,” reveal Steve Jobs his dream.
7Strive to become a market leader. Own and control the primary technology in everything you do. If there's a better technology available, use it no matter if anyone else is not using it. Be the first, and make it an industry standard.
3 Strategies of Market Leaders
8 Focus on the outcome. People judge you by your performance, so focus on the outcome. Be a yardstick of quality. Some people aren't used to an environment where excellence is expected. Advertise. If they don't know it, they won't buy your product. Pay attention to design. "We made the buttons on the screen look so good you'll want to lick them." "Design is not just what it looks like and feels like. Design is how it works."
9 Ask for feedback. Ask for feedback from people with diverse backgrounds. Each one will tell you one useful thing. If you're at the top of the chain, sometimes people won't give you honest feedback because they're afraid. In this case, disguise yourself, or get feedback from other sources. Focus on those who will use your product – listen to your customers first.
10Innovate. Innovation distinguishes a leader from a follower. Delegate, let other top executives do 50% of your routine work to be able to spend 50% your time on the new stuff. Say no to 1,000 things to make sure you don't get on the wrong track or try to do too much. Concentrate on really important creations and radical innovation. Hire people who want to make the best things in the world. You need a very product-oriented culture, even in a technology company. Lots of companies have tons of great engineers and smart people. But ultimately, there needs to be some gravitational force that pulls it all together.
The Jazz of Innovation: 11 Practice Tips
11Learn from failures. Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.
12Learn continually. There's always "one more thing" to learn! Cross-pollinate ideas with others both within and outside your company. Learn from customers, competitors and partners. If you partner with someone whom you don't like, learn to like them – praise them and benefit from them. Learn to criticize your enemies openly, but honestly.

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Tuesday, June 22, 2010

Humble Beginnings-SteveJobs-A Legendry In Technolgy

Steve Jobs, founder of Apple Computer Corporation, is one of the most successful entrepreneurs of our generation. His success story is legendary.

His unwed mother decided to put him for adoption immediately after Steve was born because he was "an unexpected baby".
He went to college but decided to drop out because it was too expensive. Recalling his time there Steve Jobs said, "I didn’t have a dorm room, so I slept on the floor in friends’ rooms, I returned coke bottles for the 5¢ deposits to buy food with, and I would walk the 7 miles across town every Sunday night to get one good meal a week at the Hare Krishna temple."
Innovative Entrepreneur
At 20, Steve Jobs and Steve Wozniak started a company in a garage on April 1, 1976 after Steve saw a computer Wozniak designed for himself. Jobs named their company – Apple in memory of a happy summer he had spent as an orchard worker in Oregon.
Later that year, the duo debuted the Apple I at the Homebrew Computer Club in Palo Alto, California. A local store offered to buy 50 machines and to finance the production, the duo had to sell their most expensive possessions. Jobs sold his Volkswagen van while Wozniak sold his Hewlett-Packard scientific calculator.2
The company's second product called Apple II became such a hit that it is credited to be the best selling computer in the 1970s and early 1980s. By 1982 however, his company sales sagged in the face of competition from IBM’s new PC.
Apple Inc. started working on a new machine (‘insanely great’ according to Jobs) called the Macintosh. Steve Jobs was reported to commandeered the project, ruthlessly pushing its computer engineers and flying a pirate flag above the building where the team worked.

Inspirational leader
Introduced in 1984, by 1986 the Mac was a huge success.
After 10 years, starting from 2 kids working in a garage, Apple computer had grown into a $2 billion dollar company with over 4000 employees.
An internal power struggle in Apple ended with Jobs being stripped of his duties in 1985 and so he left the company
A tragedy? Not at all!
"It turned out that getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods of my life," said Steve Jobs later on.
Steve Jobs is also a Former Chairman and CEO of Pixar Animation Studios, which is popular for its production of animated films such as The Incredibles and Toy Story . The firm was bought by Walt Disney Studios for $7.4 billion in stock, making Jobs the biggest individual shareholder at Disney.

Steve Jobs did wonders as his company teetered on the brink of collapse
Having left Apple in 1985, Steve Jobs founded NeXT Computer.

Meanwhile, Apple Computer has been struggling and in 1996, it bough NeXT for US$402 million, bringing Steve Jobs back at the helm of the firm he founded. Steve Jobs proved to be a great leader."The cure for Apple is not cost-cutting. The cure for Apple is to innovate its way out of its current predicament," he said and managed to completely turn the company around and back to profitability.
When Steve Jobs returned to Apple in 1997, he looked at the number of proposed research and development projects. Then he stopped most of them. Today, the Apple brand is known for its small but value-added product range and launch program. The impact of this simple change, according to Jobs, "comes from saying 'no' to 1,000 things to make sure we don’t get on the wrong track or try to do too’s only by saying 'no' that you can concentrate on the things that are really important.”
The strategy has served him well. Apple Inc. has regained its foothold in the computers and electronics industry and has even successfully branched out into the portable music business with the iPod MP3 player, iTunes digital music software and the iTunes Music Store. I don’t know what mettle Steve Jobs is made of…….?
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Saturday, June 19, 2010

corporate lessons through stories.

There was a man who had worked all his life, had saved all of his money, and was a real “miser” when it came to his money. Just before he died, he said to his wife, “When I die, I want you to take all my money and put it in the casket with me. I want to take my money to the afterlife with me.”And so he got his wife to promise him, with all of her heart, that when he died, she would put all of the money into the casket with him. Well, he died. He was stretched out in the casket, his wife was sitting there – dressed in black, and her friend was sitting next to her. When they finished the ceremony, and just before the undertakers got ready to close the casket, the wife said, ”Wait just a moment!”She had a small metal box with her; she came over with the box and put it in the casket. Then the undertakers locked the casket down and they rolled it away. So her friend said, “Girl, I know you were not fool enough to put all that money in there with your husband.”The loyal wife replied, “Listen, I love him very much; I wish to fulfill my husband’s last wish”. I promised him that I was going to put that money into the casket with him.“You mean to tell me you put that money in the casket with him!?!?!?”“Sure I did,” said the wife. “I got it all together, put it into my account, and wrote him a check…. If he can cash it, then he can spend it.”

A story tells that two friends were walking through the desert. During some point of the journey they had an argument, and one friend slapped the other one in the face.The one who got slapped was hurt, but without saying anything, wrote in the sand: TODAY MY BEST FRIEND SLAPPED ME IN THE FACE.They kept on walking until they found an oasis, where they decided to take a bath. The one who had been slapped got stuck in the mire and started drowning, but the friend saved him. After he recovered from the near drowning, he wrote on a stone: TODAY MY BEST FRIEND SAVED MY LIFE.The friend who had slapped and saved his best friend asked him, “After I hurt you, you wrote in the sand and now, you write on a stone, why?” The other friend replied “When someone hurts us we should write it down in sand where winds of forgiveness can erase it away. But, when someone does something good for us, we must engrave it in stone where no wind can ever erase it.”LEARN TO WRITE YOUR HURTS IN THE SAND AND TO CARVE YOUR BENEFITS IN STONE.
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Monday, June 14, 2010

Corporate Etiquettes- Powerful Tool

I feel clothes we wear should be comfortable and we should be able to carry on.But Business world has some dress protocol.First Impression we get is always from clothes undoubtedly. So neat and pressed clothes are welcome!
Clothing tips for men for business meetings. Conservative two piece dark suit.

First rule of business dressing is bank on the conseravtive style of dressing.Navy blue or black is prefered. Long sleeved blue or white shirt.

Silk tie complimenting in color or style.

Black dress socks

Dark polished shoes with matching belt.

No body sprays only deo or after shaves are ok.

For women also dress and shoes with 1 inch heel.See that your footwear doesn't make a sound while you are walking .

Dress should not be body hugging or revealing.

Limited jewelries.

Hand shake is also impotant factor in corporate sector.

Weak shake hand conveys no confidence! On the otherhand very harsh or bonr crushing shake hand shows bossism.So go for a firm shake hand,with asmile on your face and a perfect eye contact.Your hand shake should end after three pumps.
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Friday, June 11, 2010

Jack Welch-The teacher in guise of a businessman.Jack explains the importance of freedom for the employees.

Again I have come with rest of the business rules of Jack!
11Get Rid of Bureaucracy:-The way to harness power is your people." To turn them loose and get the management layers off their backs,the bureaucratic shackles off their feet and functional barriers out of their way.
12 Eliminate boundaries:-In order to mke sure that the people are free to reach for the impossible you must remove anything that gets in their way.' Boundarilessness' describes an open organization free of bureaucracy and anything else that prevents the free flow of ideas,decisions,people,etc. Informality,fun and speed are the qualities found in boundariless
13 Put Values first:-Don't focus too much on the numbers. Numbers aren't the vision.They are the products. 9focus more on the softer value of building team,sharing ideas,exciting others.
14:- Cultivate Leaders:-Cultivate leadres who have the four 'E's. Energy,Energize,Edge and execution.Leader who share values of your company and deliver on commitments.
15Create a learning culture:-Turn your company into learning organization.To spark free flow of communication and exchange ideas.'The desire and ability of an organization to continuously learn from any source any where and to rapidly convert this learning in to action is its ultimate

competitive advantage.

16 Involve everyone:-Business is capturing intellect from every person.The way to engender enthusiasm it to allow employees fr more freedom and far more responsibility.

Next few rules in the next post.
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Sunday, June 6, 2010

Jack welch-Wealth of Business principles

How are you folks? Again to day I would like to discuss few points that Jack Welch told.

Managers muddle – leaders inspire. Leaders are people who inspire with clear vision of how things can be done better. "What we are looking for are leaders at every level who can energize, excite and inspire rather than enervate, depress, and control."

2 Manage Less "We are constantly amazed by how much people will do when they are not told what to do by management." In the new knowledge-driven economy, people should make their own decision. Managing less is managing better. Close supervision, control and bureaucracy kill the competitive spirit of the company. "Weak managers are the killers of business; they are the job killers. You can't manage self-confidence into people."

3 Articulate Your Vision"Leaders inspire people with clearvisions of how things can be done better." The best leader do not provide a step-by-step instruction manual for workers. The best leaders are those who come up with new idea, and articulate a vision that inspires others to act.

4 Simplify Keeping things simple is one of the keys to business. "Simple messages travel faster, simpler designs reach the market faster and the elimination of clutter allows faster decision making."

5 Get Less Formal "You must realize now how important it is to maintain the kind of corporate informality that encourages a training class to comfortably challenge the boss's pet ideas."

6 Energize Others Genuine leadership comes from the quality of your vision and your ability to spark others to extraordinary performance.

7 Face RealityFace reality, then act decisively. Mostmistakes that leaders make arise from not being willing to face reality andthen acting on it. Facing reality often means saying and doing things that are not popular, but only by coming to grips with reality would things get better.

8 See Changeas an OpportunityChange is a big part of the reality in business. "Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while... Keeping an eye out for change is both exhilarating and fun."

9 Get Good Ideas from Everywhere New ideas are the lifeblood of business. "The operative assumption today is that someone, somewhere, has a better idea; and the operative compulsion is to find out who has that better idea, learn it, and put it into action - fast."

10 Follow up Follow up on everything. Follow-up is one key measure of success for a business. Your follow-up business strategy will pave the way for your success.

Now tell me aren't these best business rules one should follow.... if you are following fine! if not introspect your self why not?
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Tuesday, June 1, 2010

Corporate Story

Today I want to share a story with you people.One day a bus driver took his bus on the road.Few passengers were also there.One day driver took his bus smoothly on the road.Many passengres were seated there.On the next stop a huge guy entered the bus.six feet tall and a built like a wrestler.He glared at the driver and told in a hoarse voice. " Big John doesn't pay." This became a thing of agony for the driver. He could neither swallow nor face the situation. It was intolerable to driver.He thought of a plan. Driver joined body building classes and karate and judo all that stuff.Next Monday again the driver took the bus on the road. Again that huge figure John entered the bus. He said again" Big John doesn't pay!" and driver got charged and asked " why not?" Then looking surprised John answered" Bog John has a bus pass!"

Bottom line:-Be sure that there is a problem worth spending time on!
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