Lectures and Essays II by Reinhard Mohn

Author:Reinhard Mohn [Mohn, Reinhard]
Language: eng
Format: epub
ISBN: 9783867932950
Goodreads: 12244874
Publisher: Verlag Bertelsmann Stiftung
Published: 2010-12-10T00:00:00+00:00

Conclusions we drew from our new conception of the company

1. The importance of management for a business’ success

Of all the factors that affect the outcome of a company’s operations, we believe the most crucial one is proper management. When I say this, I refer to both the aspect of hiring the right person for the job and the aspect of taking the right measures to resolve any given issue.-We designed entrepreneurial working conditions for our managers. Thanks to the pains we took and the investments we made in hiring the right people for each job, a very diverse management pyramid arose. The company’s future ability to evolve and the continuity of its leadership both depend on the entrepreneurial approach with which these managers do their work.-In this company, we select leaders from among the top performers. This rule is fully applicable to my own children, insofar as they aspire to a career at Bertelsmann.

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