Division of Labor Flashcards
Leroy Jenkins
World of Warcraft example
Tower of Babel
God takes away communication from the people to lessen their power. They cant communicate so they cant build a tower to heaven.
“come let us down and confuse their language”
Tower of Babel reading
Take language away, take organization away.
“youre right not because others agree with you, but because your facts are right”
Warren Buffet, Berkshire Hathaway
“Make a fool of yourself”
Richard Branson, Virgin Airways
“Recognize the skills and traits that you don’t possess and hire people who have them”
Howard Schultz, CEO of Starbucks
“Be yourself”
Jack Welch, business executive
“When you negotiate, leave a little something on the table”
Dick Parsons, Time Warner CEO
“First get the cow out of the ditch”
Anne Mulcahy, Xerox CEO
“Get good or get out”
Peter Drucker
“You can learn from anyone”
Clayton Christensen
Fundamental humanity- you can learn from anyone
Feedback analysis
(Drucker 1999) When you take a key decision write down your expectations and what could happen. Later compare your expectations with your results.
Adam Smith
Father of Capitalism, author of Wealth of Nations
Wealth of Nations
Book on the power of division of labor, talks about how divison of labor creates wealth, pin factory example
1776
Wealth of Nations came out, Birth of America