Michael Bloomberg
Tag Archive
(Extracted from Bloomberg on Bloomberg) Whether by building or buying, there are dangers in growth you ignore at great peril. We insist on management depth at every position. Lack of it would leave us vulnerable...
October 6, 2019|
People
Read More
(Extracted from Bloomberg on Bloomberg) Keeping serviceable what you’ve built is a never-ending process. Every day, something you never thought could go wrong, does. So every day plus one, you fix a problem you...
October 4, 2019|
Entropy
Read More
(Extracted from Bloomberg on Bloomberg) We have no reserved parking spaces for senior executives. If you want to leave your car right by the door, just come in earlier. Creating class distinctions isn’t...
October 4, 2019|
People
Read More
(Extracted from Bloomberg on Bloomberg) We handle perks differently, too. At Bloomberg, as you get promoted and your compensation increases, you aren’t expected to work less and take more vacations. Quite the...
October 4, 2019|
People
Read More
(Extracted from Bloomberg on Bloomberg) I’ve always believed that management’s ability to influence work habits through edict is limited. Ordering something gets it done, perhaps. When you turn your back,...
October 4, 2019|
Execution, Structure drives behaviour
Read More
(Excerpt from Bloomberg on Bloomberg) Humans are loath to change and nervous about anything difficult to understand. More capabilities, better efficiency, increased reliability, fewer controls—all are benefits buyers...
October 4, 2019|
Tech
Read More
(Extracted from Bloomberg on Bloomberg) The risks attendant with developing technology I think properly belong to the manufacturer or software writer. They get the profits if it works; they should take the grief if...
October 4, 2019|
Execution
Read More
(Extracted from Bloomberg on Bloomberg) Another software development practice I started at Salomon (and apply at Bloomberg today) was to insist on an explanation from the programmers of what they were trying to do...
October 4, 2019|
Execution
Read More
(Extracted from Bloomberg on Bloomberg) Don’t devise a Five-Year Plan or a Great Leap Forward. Central planning didn’t work for Stalin or Mao, and it won’t work for an entrepreneur either. Slavishly follow a...
October 3, 2019|
Execution, Life, Optionality, Path Dependence
Read More
(Extracted from Bloomberg on Bloomberg) “If a company can’t survive a change at the top, the top person hasn’t done her or his job. Talent development is one of a CEO’s most important responsibilities.“...
September 14, 2019|
People
Read More
