Thought for the Day: Capital Goods Industry Management

Continuing with the philosophical, I want to share with you one of the approaches that I used when I was in a leadership position as an employee.  One thing I teach – and this does not just apply to Capital Goods Industry Management, but to management in every industry – is that we manage process.  We lead people.  Obviously, I was very engaged with my team.  Here is one of my standard approaches.

 

1. What do I do that you like and you want me to continue doing?

 

2. What do I do that you don’t like  and you want me to stop doing?

 

3. What do I do that doesn’t really matter to you?

 

The responses to these questions allowed me to have a clear view of what my team thought was important.

 

The time is now…