The Journal Record, November 3rd, 1999
Why is it that small lean companies can react like gazelles and achieve incredible productivity, while larger corporations just seem to be plodding along? More often than not, it's because the larger elephants become bogged down in the molasses of their own bureaucracy.
This is one of the good doctor's fundamental axioms: You must minimize the bureaucracy in order to maximize the bottom line.
Most companies start out lean. They are staffed by people who believe in the dream. Unfortunately, although the entrepreneurial leaders believe in making continuing sacrifices and taking prudent risks t...
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