The other night a waiter (Nathan) recited the following adage to me, first told him by his father:
When you don't stand for something you will get knocked over by nothing.
I wonder how many executives at Mattel are now wishing that they had heeded Nathan's Dad's advice? From a business standpoint, nothing could be more true over the long haul. The principles that underpin the culture and arise out of the strategy act as a skeleton for the organization's structural integrity. And the edifice will stand or crumble depending on their stamina, strength and ubiquity.
Wednesday, September 26, 2007
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