Tag Archive for management skills

The Only Business Shortcut that Never Comes Back to Bite You!

If you’re past the honeymoon stage in your business, you know that taking shortcuts have a nasty way of blowing up in your face.  Eventually.

BUT there are always a few people who seem to effortlessly zero in on the key points in any meeting, negotiation, management crises or opportunity.  They get more done, faster – both alone and through others.

Warren Buffett is an extreme example.  In 1991, his multi-billion dollar investment in Salomon Brothers was at the edge of disaster.  The government was *this close* to effectively shutting them down.

Buffett had to choose a new CEO, making what he considered the most important hire of his life.  And he did.   In 15 minutes.  He met the guy for 15 minutes and decided to hire him. And it was a fantastic choice.

Astounding, no?

Was it luck?  No.  Nor was it a kind of reckless shortcut in which he “hoped” it would work out.

Buffett has systematically trained his mind to see subtle things in every day situations that almost everyone else misses. Read more