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Fast Friday with Tony Hsieh, CEO of Zappos.com (and P. Diddy.

Roundtable Talk

In Hsieh’s case, they focus on making their customers happy and not making the company profitable (the thinking being that happy customers lead to a happy bottomline)… the strategy seems to be working. Under this direction, Zappos.com has grown from nothing to over $1 billion in grow merchandise.

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The Big Picture of Business – Business Lessons to be Learned from the Enron Scandal

Strategy Driven

The Business Tree : Growth Strategies and Tactics for Surviving and Thriving. ’ It fostered a false sense of security for employees, paying higher salaries than the marketplace, thus keeping employees dependent upon the system via golden handcuffs. Do successful corporations operate without a strategy-vision?

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Huawei’s Culture Is the Key to Its Success

Harvard Business Review

This employee shareholding system is referred to within Huawei as the “silver handcuff.” ” It is a system that is different from the more common stock option arrangement, which is often termed the “golden handcuff.” As he puts it, he wants everyone to act like the boss.

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Talent Management Best Practice 4 – Know Your Artificial Employment Retainers

Strategy Driven

Every manager should seek to know the stay/leave propensity of his or her subordinates and certainly that of top performers. While true knowledge of others’ intentions is unknowable and unpredictable opportunities arise, there are artificial retention mechanisms and observable signs that together suggest an individual’s inclination.

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Using Supply Chains to Grow Your Business

Harvard Business Review

When one customer is responsible for the lion’s share of your sales, it’s like golden handcuffs. The challenge is to cast off the handcuffs while keeping the gold. In fact, advanced payments may be just the kind of proof that banks or equity investors need to open their pocket books.