AlwaysWoW! For a Great Great WoW in Life

Thoughts from me about things that are cool, that are WoW, that blow me away. Observations about businesses and people from a wide variety of life. Daily encounters - and thoughts outside the box, inside the box and without any box. New thinking, and challenging old thinking. Passionate about life, about respect, and about integrity.

Thursday, June 24, 2004

Management lessons from Euro 2004 - Part 6

Germany-Czech Republic = 1:2
I am very tired today, since I watched the game Germany-Czech Republic last night - so please excuse if I don't make too much sense today.

I have to repeat that while the Germans played great football, they again wasted too many chances. Talk about operational efficiency, and product failure. But the Czech did come again, from behind, like turnaround specialists. You need players and employees who can shine through change - when everything falls apart and someone is needed to take the lead, assemble the army and lead through the change. A CEO is a great first help, of course, like Lou Gerstner showed in his turnaround of IBM, 10 years back. The blue chip company was on the edge of being done, break them up into pieces and have standalong units - Lou Gerstner kept it, changed the focus on the customer and changed the culture dramatically. While IBM doesn't grow double-digit, to be a great company, it sure is a strong company, and an entirely different animal in the current stages.

So let's see, where the Czechs end up in the end. May be they go far?


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