Sunday, July 01, 2007
Warren Buffet's Management Lessons
The witticisms of Warren Buffet are legendary. Here's one I read recently, when Buffet was asked what advice he had to give managers. As is his wont, Buffet immediately broke out into a story.
This is the tale of a stranger in a small town. To get acquainted with folks, he went to the village square and saw an old-timer with kind of a mean-looking German Shepherd. He looked at the dog a little tentatively and asked, "Does your dog bite?" The old-timer said, "Nope." So, the stranger reached down to pet him and the dog lunged at him and practically took off his arm, and the stranger as he was repairing his shredded coat turned to the old-timer and said, "I thought you said your dog doesn't bite." The guy says, "Ain't my dog!"
Moral for managers: ASK THE RIGHT QUESTION
