And if you doubt that think about the parable of Kodak and Hewlett Packard, Kodak was a company that in 1999 set on the huge pair of profit in the traditional photography business, that's in 5 yea
But what I know about business in life is that there are many, many, many opportunities to lose your way, there are many opportunities to lose your way because you are overcame by greed. That's wh
Now of course sure Sloanes, so you know it's also really important it's all about the numbers, absolutely; it's all about the technology without a doubt. But only people can build products
I took another really important course called gaming theory while I was here. Gaming theory to me was fascinating because, with all due respect to my very erudite teachers Jake Jacoby took that course
I took, of course, operational research and learning about system's problems, is what helped me understand the systemic nature of transformation that was required at Hewlett Packard. When you lear
And yet when people got into the role play I watch how quickly people dissolved into win-lose with obvious consequences. People are people wherever you find them and the number of advance degrees some
There are people who will hold their positions with honor there are people who will not. If you doubt that all you have to do is thinking about the current scandal with Backdating of Stock Options. He
But my point being that sometimes a leader's job is to undertake the difficult job of transformation and in this case it was a great company we're saving,but it is a tough, painful crisis for
Now one of things that I believe is that change not only requires an understanding of human nature, change also requires clear-eyed realism, change requires a deep understanding of what is wrong, so t
Thank you very much. It's great to be back and I just want to stay for the record, the class of 88-89 was by far the best class. 十分感谢,我很高兴回来。我在这里郑重声明,88-89届学生是迄今为止最棒的。 The decision to write a book