Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can’t miss.
If you aren’t playing well, the game isn’t as much fun. When that happens I tell myself just to go out and play as I did when I was a kid.
Very few, if any, first-generation black or white or Asian kids will pursue a Ph.D. They’ll pursue the professions for economic security. Many will go to law school and/or business school.
The nature of the global business environment guarantees that no matter how hard we work to create a stable and healthy organisation, our organisation will continue to experience dramatic changes far beyond our control.