Tag: finite mindset leaders
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Doing good first and then making money
Well intended finite minded leaders often have the perspective of “making money to do good.” An infinite perspective on service however is : “Doing good first and then making money” The order of information brings out the true intention and separates an infinite minded leader from that of a finite minded leader. Adopted from Simon…
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What caused GE’s downfall ?
GE’s fall in market capitalization over time is not something that should surprise us. Jack Welch the CEO of GE loved playing the “finite game” with most emphasis given to short term performance and financial numbers. Gradually this finite mindset , with the metrics focused on performance , pitted the individual employees against one another.The…
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What if Kodak had listened to Steve Sasson?
Steve Sasson is an American engineer who in as early as 1974 is believed to have invented the first digital camera. Kodak the pioneer of film photography had made huge investments in vertical integration involving “film based” analog photography. Steve Sasson had put forward the idea of embracing digital photography to Kodak leadership.Unfortunately since Kodak…
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How Milton Freidman’s “shareholder primacy” led to a finite mindset
In the 1970’s the Noble winning economist named Milton Freidman put forward his views around “shareholder supremacy” and changed the meaning of capitalism inside out. According to him a business and its owners should operate with the sole aim of making profit to maximise the value of its shareholders.The views expressed by the economist has…
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Watch out for Finite Mindset leaders & their messages
It is basic human nature that the order in which information is presented more often than not conveys priorities and strategies of a leader. Mike Duke who became the fourth CEO of Walmart was known for his finite mindset and his tenure from 2009 to 2013 was characterized by lack of trust and severe resentment…
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Leaders with finite mindset and their detrimental effects
The need is to have leaders with an infinite mindset to ethically play the infinite game of business. In the quest of attaining short term benefits , leaders with a finite mundset frequently indulge in selfish , unethical & short term tactics.This can range from whimsical employee layoffs to of facts to cover own ass.The…