July 1, 2006

Nuggets of Management Wisdom #1

Posted by Bizaholic | 10:09 PM | with 1 comments »

Corporate world has a selective memory. Individual success is soon forgotten while collective success lingers. Collective failures are soon forgotten while individual failures are part of elephantine memory.

Of course this is a generalized observation with some exceptions. There are a few enlightened organizations which have built culture of high risk taking, innovation, and viewing failures as stepping stone to success. In these organizations people are not judged by their success or failure but by their contribution to a greater cause.

Still it would be worthwhile to keep this management wisdom in mind while charting the rough waters of a corporate career.


  1. Anonymous // July 5, 2007 at 5:11 AM  

    I love this wisdom. It is very expressive.