9 Attributes of Management Excellence

9 Attributes of Management Excellence
The nine Attributes of Management Excellence of Tom Peters and Bob Waterman are

1. A Bias for Action.

2. Close to the Customer.

3. Autonomy and Entrepreneurship.

4. Productivity through People.

5. Hands-on, Value-driven.

6. Stick to the Knitting.

7. Simple Form, Lean Staff.

8. Simultaneous loose-tight Properties.

9. Capabilities concerning ideas, liberation, and speed.

The 8th attribute (Simultaneous loose-tight Properties) is a summary of the first seven on the list, according to Peters and Waterman. “Simultaneous loose-tight properties are in essence the coexistence of the central direction and maximum individual autonomy of a company… Organizations that live by the loose-tight principle are on the one hand rigidly controlled. Yet at the same time they allow (indeed, insist on): autonomy, entrepreneurship, and innovation from the rank and file”.

Posted in Knowledge & Beyond, Perspectives to Ponder Upon.