Strategy is Standards – new podcast & videocast episode
post # 345 — April 2, 2007 — a General post
The topic, this time, is the proposition that, for a professional firm, its strategy IS the standards that it lives. It follows from this that managementâ€™s key role is the monitoring and enforcement of the values and principles that form the very core of a firm or company.
I talk here about values and principles not as â€œaspirationsâ€ (We aim to beâ€¦) but as non-negotiable minimum standards. The success of a company comes from deciding on a core ideology and having everyone voluntarily agree to be a part of it.
00:00 — Introduction
00:30 — The philosophy of managing with values
00:55 — The only deal breaker: not playing the game
01:38 — The importance of having organizational values
02:40 — Conclusion