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How companies stand the test of time

A Harvard professor, Michael Beer, has looked at what he calls “High Commitment, High Performance Management” in a new book.

Case studies and firms looked at include: Southwest, Johnson and Johnson, Hewlett Packard, Nucor Steel, McKinsey, Goldman Sachs and Toyota.

Some predictable names there. But I like his elevator pitch for plural management approaches:

“High commitment, high performance (HCHP) companies are firms designed and led by their founders or by transformational CEOs—those who take charge of a company in a crisis—to achieve sustained high commitment from all stakeholders: employees, customers, investors, and community”.

The Q&A is fascinating. Particularly the part on barriers to success.

A lot of it I’ve read before, but we all need reminding, all the time.

Check it out, here.

1 Comment

  1. While people may have different views still good things should always be appreciated. Yours is a nice blog. Liked it!!!

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