Business Success 101

Patrick J. Lamb quotes the leader of Xerox from a recent interview on NPR:

It (their new-found success) wasn’t really the brilliance of the strategy. It was the discipline of the execution that turned this company around. So I think credit where credit’s due would say it would go to the people of Xerox in terms of their combined set of actions that allowed us to execute with a great deal of discipline.

This reminds of Good to Great, the book written by Jim Collins wherein he describes today’s great corporations. The common theme among all of them was a persistence to recognize and stay with their core competencies, their values of why they were in business.

As Pat Lamb suggests, though this seems like Business Success 101, these are rare qualities.

Categorized in: Management