Change has been an organizational buzzword for a long time now. No matter where in the world you are, and no matter whether your business is a start-up or a large corporation, you're constantly trying to launch, or at least succeed with, change initiatives. Our continuous trysts with change teach us that it's an easy phenomenon to talk and write about but a very hard one to implement in any truly meaningful way. That's why two-thirds of all change initiatives sink without a trace, according to a study by the Center for Creative Leadership.
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Agent Mike McNally, the dark-sedan-driving, cheap-cigar-smoking (and trying to kick the habit) detective in Who Killed Change? Solving the Mystery of Leading People Through Change, by Ken Blanchard, John Britt, Judd Hoekstra and Pat Zigar (William Morrow, 160 pp., $21.99), is out to find the culprits behind the failed change efforts at a corporation called ACME.
One by one, Agent McNally interviews 13 prime suspects. Each one stands for a key attribute that can make or break a change process in any organization. We relate easily to these unique characters doubling as real-life organizational qualities because is depicted in a light, lively and entertaining way. For example, Mr. Change Leadership Team likes to be known as Pecs. Pecs has biceps three times the size of a normal man's. He developed them by holding up "change" all the time. He also has pencil-thin legs. They resemble "poodle legs walking around with a pit bull's torso," reflecting how most organizations hold up change for its own sake but never pay real attention to actually taking it anywhere. The other suspects include Earnest Urgency, a bundle of raw nerves, and Victoria Vision, who wears rose-tinted glasses. The plot eventually reveals how each one of them played a role in sabotaging change.
What sets the book apart is the way it makes sharp and vivid and distinct the general forces that bring down almost every failed change effort. Agent McNally's interviews with his 13 suspects lay out these forces from a first-person perspective, and we get to know each character's' organizational role, relationships and expectations. He also acquaints us with the parts played by the leadership team and by the employees in general, and we get to see how all these pieces fit together in the context of managing--or murdering--change.
Agent McNally shares notes and reflections at the end of every chapter to help us see the picture from a neutral perspective--that of a management consultant. This assists us in understanding what really deserves attention and what must be discounted among the claims made by each of the suspects in their interviews. McNally's notes also raise ideas about the tough questions we each have to ask ourselves before we invest in an organizational change undertaking. (Ken Blanchard, the book's lead author, is the best-selling motivational speaker whose other books include The One Minute Manager.)
Britt and Blanchard's Who Killed Change presents a fabulous model of how and whyu change so often fails in corporate America today. We are using this text in several of our B-School courses. Dr Pa
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The central topic of the book, change management, has been written about many times before. What makes this book stand out is its unorthodox style of presentation and the way it brings out the intricacies involved in organizational change in an easy but engaging manner.
Thursday, October 22, 2009
INDIA 10 RICHEST MAN
1-Lakshmi Mittal
2-Azim Premji
3-M & A Ambani
4-Kumar M Birla
5-Pallonji Mistry
6-Sunil Mittal
7-Shiv Nadar
8-Adi Godrej
9-Dilip Shanghvi
10-M & S Mohan Singh
2-Azim Premji
3-M & A Ambani
4-Kumar M Birla
5-Pallonji Mistry
6-Sunil Mittal
7-Shiv Nadar
8-Adi Godrej
9-Dilip Shanghvi
10-M & S Mohan Singh
Tuesday, October 20, 2009
THE WORLD BIGGEST COMPANIES TOP 100
Rank Company Country Industry Sales ($bil) Profits ($bil) Assets ($bil) Market Value ($bil)
1 General Electric United States Conglomerates 182.52 17.41 797.77 89.87
2 Royal Dutch Shell Netherlands Oil & Gas Operations 458.36 26.28 278.44 135.10
3 Toyota Motor Japan Consumer Durables 263.42 17.21 324.98 102.35
4 ExxonMobil United States Oil & Gas Operations 425.70 45.22 228.05 335.54
5 BP United Kingdom Oil & Gas Operations 361.14 21.16 228.24 119.70
6 HSBC Holdings United Kingdom Banking 142.05 5.73 2,520.45 85.04
7 AT&T United States Telecommunications Services 124.03 12.87 265.25 140.08
8 Wal-Mart Stores United States Retailing 405.61 13.40 163.43 193.15
9 Banco Santander Spain Banking 96.23 13.25 1,318.86 49.75
9 Chevron United States Oil & Gas Operations 255.11 23.93 161.17 121.70
11 Total France Oil & Gas Operations 223.15 14.74 164.66 112.90
12 ICBC China Banking 53.60 11.16 1,188.08 170.83
13 Gazprom Russia Oil & Gas Operations 97.29 26.78 276.81 74.55
14 PetroChina China Oil & Gas Operations 114.32 19.94 145.14 270.56
15 Volkswagen Group Germany Consumer Durables 158.40 6.52 244.05 75.18
16 JPMorgan Chase United States Banking 101.49 3.70 2,175.05 85.87
17 GDF Suez France Utilities 115.59 9.05 232.71 70.46
18 ENI Italy Oil & Gas Operations 158.32 12.91 139.80 80.68
19 Berkshire Hathaway United States Diversified Financials 107.79 4.99 267.40 122.11
20 Vodafone United Kingdom Telecommunications Services 70.39 13.30 252.08 93.66
21 Mitsubishi UFJ Financial Japan Banking 61.43 6.38 1,931.17 53.63
22 Procter & Gamble United States Household & Personal Products 83.68 14.08 138.26 141.18
23 CCB-China Construction Bank China Banking 42.98 9.45 903.35 119.03
24 Verizon Communications United States Telecommunications Services 97.35 6.43 202.35 81.04
25 Petrobras-Petróleo Brasil Brazil Oil & Gas Operations 92.08 14.12 120.68 110.97
26 Nippon Telegraph & Tel Japan Telecommunications Services 107.02 6.36 179.95 59.07
27 EDF Group France Utilities 89.46 4.73 278.76 71.53
28 IBM United States Software & Services 103.63 12.34 109.53 123.47
29 BNP Paribas France Banking 107.96 4.20 2,888.73 29.98
30 Bank of China China Banking 40.10 7.70 817.84 105.04
31 Telefónica Spain Telecommunications Services 80.70 10.57 129.16 85.56
32 Nestlé Switzerland Food, Drink & Tobacco 103.01 16.91 97.12 118.99
33 Sinopec-China Petroleum China Oil & Gas Operations 154.28 7.43 100.41 93.50
34 Crédit Agricole France Banking 107.75 5.90 2,064.17 21.91
35 Siemens Germany Conglomerates 108.76 8.05 128.46 44.18
36 Hewlett-Packard United States Technology Hardware & Equip 118.70 8.05 109.63 69.57
37 Intesa Sanpaolo Italy Banking 50.56 10.58 835.15 31.43
38 Bank of America United States Banking 113.11 4.01 1,817.94 25.29
39 Honda Motor Japan Consumer Durables 120.27 6.01 124.98 44.32
40 BBVA-Banco Bilbao Vizcaya Spain Banking 56.51 6.99 747.99 27.56
41 ArcelorMittal Luxembourg Materials 124.94 9.40 133.09 26.80
42 Johnson & Johnson United States Drugs & Biotechnology 63.75 12.95 84.91 138.29
43 ENEL Italy Utilities 82.92 7.37 177.21 31.00
44 UniCredit Group Italy Banking 83.72 8.70 1,482.98 18.37
45 Generali Group Italy Insurance 118.39 4.26 546.50 21.35
46 France Telecom France Telecommunications Services 74.50 5.67 125.32 58.92
47 Samsung Electronics South Korea Semiconductors 104.42 7.87 99.47 45.82
48 Deutsche Bank Germany Diversified Financials 124.78 9.47 2,946.88 14.40
49 Microsoft United States Software & Services 61.98 17.23 65.79 143.58
50 Pfizer United States Drugs & Biotechnology 48.30 8.10 111.15 83.03
51 Wells Fargo United States Banking 51.65 2.66 1,309.64 51.28
52 BHP Billiton Australia/United Kingdom Materials 59.47 15.39 72.40 96.65
53 StatoilHydro Norway Oil & Gas Operations 93.38 6.20 82.42 53.30
54 Sumitomo Mitsui Financial Japan Banking 46.06 4.62 1,114.89 25.56
55 China Mobile Hong Kong/China Telecommunications Services 47.09 11.49 76.42 175.85
56 Goldman Sachs Group United States Diversified Financials 53.58 2.32 884.55 42.06
57 RWE Group Germany Utilities 66.16 3.56 127.64 33.68
58 Roche Holding Switzerland Drugs & Biotechnology 42.75 8.41 69.77 98.47
59 Commonwealth Bank Australia Banking 34.98 4.58 467.83 28.01
60 Société Générale Group France Banking 99.25 2.80 1,572.73 17.77
61 Novartis Switzerland Drugs & Biotechnology 42.01 8.30 73.22 82.97
62 E.ON Germany Utilities 120.74 1.76 215.15 47.44
63 Deutsche Telekom Germany Telecommunications Services 85.89 2.07 162.51 52.96
64 Rosneft Russia Oil & Gas Operations 46.99 11.12 77.40 34.07
65 Mizuho Financial Japan Banking 42.29 3.12 1,545.23 21.46
65 Sanofi-aventis France Drugs & Biotechnology 38.40 5.36 96.01 67.84
67 National Australia Bank Australia Banking 41.87 3.58 515.83 21.90
68 Royal Bank of Canada Canada Banking 30.01 3.52 575.21 34.29
69 Cisco Systems United States Technology Hardware & Equip 39.58 7.49 61.36 85.05
69 Rio Tinto United Kingdom/Australia Materials 54.26 3.68 88.25 39.42
71 Tesco United Kingdom Food Markets 93.85 4.21 59.80 37.50
72 China Life Insurance China Insurance 26.20 5.32 127.83 83.26
73 Mitsubishi Corp Japan Trading Companies 60.43 4.64 117.84 20.89
74 Vale Brazil Materials 30.75 9.28 79.26 66.14
75 Munich Re Germany Insurance 64.20 2.09 291.87 24.29
76 Lukoil Russia Oil & Gas Operations 66.86 9.51 59.14 26.62
77 Barclays United Kingdom Banking 59.82 6.40 2,947.84 11.15
78 Banco Bradesco Brazil Banking 39.97 3.26 194.51 26.75
79 Unilever Netherlands/United Kingdom Food, Drink & Tobacco 56.44 7.00 48.75 58.24
80 BASF Germany Chemicals 86.77 4.06 69.41 25.62
81 Nokia Finland Technology Hardware & Equip 70.63 5.55 52.29 35.32
82 Sony Japan Technology Hardware & Equip 88.89 3.70 124.12 17.12
83 CVS Caremark United States Retailing 87.47 3.21 60.96 37.46
83 Daimler Germany Consumer Durables 133.43 1.88 180.08 21.21
85 United Technologies United States Conglomerates 58.68 4.69 56.47 38.53
86 Saudi Basic Industries Saudi Arabia Chemicals 40.62 5.87 72.39 31.44
87 Iberdrola Spain Utilities 35.09 3.98 114.81 32.42
88 Nissan Motor Japan Consumer Durables 108.46 4.83 119.00 14.14
89 Panasonic Japan Technology Hardware & Equip 90.87 2.82 71.85 28.93
90 MetLife United States Insurance 50.99 3.21 501.68 15.10
91 Westpac Banking Group Australia Banking 25.90 3.05 346.22 31.40
92 GlaxoSmithKline United Kingdom Drugs & Biotechnology 35.55 6.72 52.67 79.06
93 Morgan Stanley United States Diversified Financials 62.26 1.71 658.81 21.00
94 Telecom Italia Italy Telecommunications Services 41.97 3.08 117.81 23.82
95 Intel United States Semiconductors 37.59 5.29 50.72 70.86
96 Zurich Financial Services Switzerland Insurance 32.35 3.04 325.04 19.60
97 Mitsui & Co Japan Trading Companies 57.50 4.11 97.15 17.12
98 Comcast United States Media 34.26 2.55 113.02 37.62
99 AXA Group France Insurance 156.95 1.28 936.92 19.47
100 Bayer Group Germany Chemicals 45.85 2.55 71.39 36.97
1 General Electric United States Conglomerates 182.52 17.41 797.77 89.87
2 Royal Dutch Shell Netherlands Oil & Gas Operations 458.36 26.28 278.44 135.10
3 Toyota Motor Japan Consumer Durables 263.42 17.21 324.98 102.35
4 ExxonMobil United States Oil & Gas Operations 425.70 45.22 228.05 335.54
5 BP United Kingdom Oil & Gas Operations 361.14 21.16 228.24 119.70
6 HSBC Holdings United Kingdom Banking 142.05 5.73 2,520.45 85.04
7 AT&T United States Telecommunications Services 124.03 12.87 265.25 140.08
8 Wal-Mart Stores United States Retailing 405.61 13.40 163.43 193.15
9 Banco Santander Spain Banking 96.23 13.25 1,318.86 49.75
9 Chevron United States Oil & Gas Operations 255.11 23.93 161.17 121.70
11 Total France Oil & Gas Operations 223.15 14.74 164.66 112.90
12 ICBC China Banking 53.60 11.16 1,188.08 170.83
13 Gazprom Russia Oil & Gas Operations 97.29 26.78 276.81 74.55
14 PetroChina China Oil & Gas Operations 114.32 19.94 145.14 270.56
15 Volkswagen Group Germany Consumer Durables 158.40 6.52 244.05 75.18
16 JPMorgan Chase United States Banking 101.49 3.70 2,175.05 85.87
17 GDF Suez France Utilities 115.59 9.05 232.71 70.46
18 ENI Italy Oil & Gas Operations 158.32 12.91 139.80 80.68
19 Berkshire Hathaway United States Diversified Financials 107.79 4.99 267.40 122.11
20 Vodafone United Kingdom Telecommunications Services 70.39 13.30 252.08 93.66
21 Mitsubishi UFJ Financial Japan Banking 61.43 6.38 1,931.17 53.63
22 Procter & Gamble United States Household & Personal Products 83.68 14.08 138.26 141.18
23 CCB-China Construction Bank China Banking 42.98 9.45 903.35 119.03
24 Verizon Communications United States Telecommunications Services 97.35 6.43 202.35 81.04
25 Petrobras-Petróleo Brasil Brazil Oil & Gas Operations 92.08 14.12 120.68 110.97
26 Nippon Telegraph & Tel Japan Telecommunications Services 107.02 6.36 179.95 59.07
27 EDF Group France Utilities 89.46 4.73 278.76 71.53
28 IBM United States Software & Services 103.63 12.34 109.53 123.47
29 BNP Paribas France Banking 107.96 4.20 2,888.73 29.98
30 Bank of China China Banking 40.10 7.70 817.84 105.04
31 Telefónica Spain Telecommunications Services 80.70 10.57 129.16 85.56
32 Nestlé Switzerland Food, Drink & Tobacco 103.01 16.91 97.12 118.99
33 Sinopec-China Petroleum China Oil & Gas Operations 154.28 7.43 100.41 93.50
34 Crédit Agricole France Banking 107.75 5.90 2,064.17 21.91
35 Siemens Germany Conglomerates 108.76 8.05 128.46 44.18
36 Hewlett-Packard United States Technology Hardware & Equip 118.70 8.05 109.63 69.57
37 Intesa Sanpaolo Italy Banking 50.56 10.58 835.15 31.43
38 Bank of America United States Banking 113.11 4.01 1,817.94 25.29
39 Honda Motor Japan Consumer Durables 120.27 6.01 124.98 44.32
40 BBVA-Banco Bilbao Vizcaya Spain Banking 56.51 6.99 747.99 27.56
41 ArcelorMittal Luxembourg Materials 124.94 9.40 133.09 26.80
42 Johnson & Johnson United States Drugs & Biotechnology 63.75 12.95 84.91 138.29
43 ENEL Italy Utilities 82.92 7.37 177.21 31.00
44 UniCredit Group Italy Banking 83.72 8.70 1,482.98 18.37
45 Generali Group Italy Insurance 118.39 4.26 546.50 21.35
46 France Telecom France Telecommunications Services 74.50 5.67 125.32 58.92
47 Samsung Electronics South Korea Semiconductors 104.42 7.87 99.47 45.82
48 Deutsche Bank Germany Diversified Financials 124.78 9.47 2,946.88 14.40
49 Microsoft United States Software & Services 61.98 17.23 65.79 143.58
50 Pfizer United States Drugs & Biotechnology 48.30 8.10 111.15 83.03
51 Wells Fargo United States Banking 51.65 2.66 1,309.64 51.28
52 BHP Billiton Australia/United Kingdom Materials 59.47 15.39 72.40 96.65
53 StatoilHydro Norway Oil & Gas Operations 93.38 6.20 82.42 53.30
54 Sumitomo Mitsui Financial Japan Banking 46.06 4.62 1,114.89 25.56
55 China Mobile Hong Kong/China Telecommunications Services 47.09 11.49 76.42 175.85
56 Goldman Sachs Group United States Diversified Financials 53.58 2.32 884.55 42.06
57 RWE Group Germany Utilities 66.16 3.56 127.64 33.68
58 Roche Holding Switzerland Drugs & Biotechnology 42.75 8.41 69.77 98.47
59 Commonwealth Bank Australia Banking 34.98 4.58 467.83 28.01
60 Société Générale Group France Banking 99.25 2.80 1,572.73 17.77
61 Novartis Switzerland Drugs & Biotechnology 42.01 8.30 73.22 82.97
62 E.ON Germany Utilities 120.74 1.76 215.15 47.44
63 Deutsche Telekom Germany Telecommunications Services 85.89 2.07 162.51 52.96
64 Rosneft Russia Oil & Gas Operations 46.99 11.12 77.40 34.07
65 Mizuho Financial Japan Banking 42.29 3.12 1,545.23 21.46
65 Sanofi-aventis France Drugs & Biotechnology 38.40 5.36 96.01 67.84
67 National Australia Bank Australia Banking 41.87 3.58 515.83 21.90
68 Royal Bank of Canada Canada Banking 30.01 3.52 575.21 34.29
69 Cisco Systems United States Technology Hardware & Equip 39.58 7.49 61.36 85.05
69 Rio Tinto United Kingdom/Australia Materials 54.26 3.68 88.25 39.42
71 Tesco United Kingdom Food Markets 93.85 4.21 59.80 37.50
72 China Life Insurance China Insurance 26.20 5.32 127.83 83.26
73 Mitsubishi Corp Japan Trading Companies 60.43 4.64 117.84 20.89
74 Vale Brazil Materials 30.75 9.28 79.26 66.14
75 Munich Re Germany Insurance 64.20 2.09 291.87 24.29
76 Lukoil Russia Oil & Gas Operations 66.86 9.51 59.14 26.62
77 Barclays United Kingdom Banking 59.82 6.40 2,947.84 11.15
78 Banco Bradesco Brazil Banking 39.97 3.26 194.51 26.75
79 Unilever Netherlands/United Kingdom Food, Drink & Tobacco 56.44 7.00 48.75 58.24
80 BASF Germany Chemicals 86.77 4.06 69.41 25.62
81 Nokia Finland Technology Hardware & Equip 70.63 5.55 52.29 35.32
82 Sony Japan Technology Hardware & Equip 88.89 3.70 124.12 17.12
83 CVS Caremark United States Retailing 87.47 3.21 60.96 37.46
83 Daimler Germany Consumer Durables 133.43 1.88 180.08 21.21
85 United Technologies United States Conglomerates 58.68 4.69 56.47 38.53
86 Saudi Basic Industries Saudi Arabia Chemicals 40.62 5.87 72.39 31.44
87 Iberdrola Spain Utilities 35.09 3.98 114.81 32.42
88 Nissan Motor Japan Consumer Durables 108.46 4.83 119.00 14.14
89 Panasonic Japan Technology Hardware & Equip 90.87 2.82 71.85 28.93
90 MetLife United States Insurance 50.99 3.21 501.68 15.10
91 Westpac Banking Group Australia Banking 25.90 3.05 346.22 31.40
92 GlaxoSmithKline United Kingdom Drugs & Biotechnology 35.55 6.72 52.67 79.06
93 Morgan Stanley United States Diversified Financials 62.26 1.71 658.81 21.00
94 Telecom Italia Italy Telecommunications Services 41.97 3.08 117.81 23.82
95 Intel United States Semiconductors 37.59 5.29 50.72 70.86
96 Zurich Financial Services Switzerland Insurance 32.35 3.04 325.04 19.60
97 Mitsui & Co Japan Trading Companies 57.50 4.11 97.15 17.12
98 Comcast United States Media 34.26 2.55 113.02 37.62
99 AXA Group France Insurance 156.95 1.28 936.92 19.47
100 Bayer Group Germany Chemicals 45.85 2.55 71.39 36.97
TOP 10 CELEBRITY IN THE WORLD
1-Angelina Jolie
2-Oprah Winfrey
3-Madonna
4-Beyoncé Knowles
5-Tiger Woods
6-Bruce Springsteen
7-Steven Spielberg
8-Jennifer Aniston
9-Brad Pitt
10-Kobe Bryant
2-Oprah Winfrey
3-Madonna
4-Beyoncé Knowles
5-Tiger Woods
6-Bruce Springsteen
7-Steven Spielberg
8-Jennifer Aniston
9-Brad Pitt
10-Kobe Bryant
HOW BILLIONAIRS GOTTEN POORER
The richest people in the world have gotten poorer, just like the rest of us. This year the world's billionaires have an average net worth of $3 billion, down 23% in 12 months. The world now has 793 billionaires, down from 1,125 a year ago.
After slipping in recent years, the U.S. is regaining its dominance as a repository of wealth. Americans account for 44% of the money and 45% of the list's slots, up seven and three percentage points from last year, respectively. Bill Gates lost $18 billion but regained his title as the world's richest man. Warren Buffett, last year's No. 1, saw his fortune decline $25 billion as shares of Berkshire Hathaway fell nearly 50% in 12 months. Mexican telecom titan Carlos Slim Helú maintains his spot in the top three but lost $25 billion.
After slipping in recent years, the U.S. is regaining its dominance as a repository of wealth. Americans account for 44% of the money and 45% of the list's slots, up seven and three percentage points from last year, respectively. Bill Gates lost $18 billion but regained his title as the world's richest man. Warren Buffett, last year's No. 1, saw his fortune decline $25 billion as shares of Berkshire Hathaway fell nearly 50% in 12 months. Mexican telecom titan Carlos Slim Helú maintains his spot in the top three but lost $25 billion.
THE BILLIONAIRS TOP 20
1-William Gates III
2-Warren Buffett
3-Carlos Slim Helú
4-Lawrence Ellison
5-Ingvar Kamprad
6-Karl Albrecht
7-Mukesh Ambani
8-Lakshmi Mittal
9-Theo Albrecht
10-Amancio Ortega
11-Jim Walton
12-Alice Walton
13-Christy Walton
14-S Robson Walton
15-Bernard Arnault
16-Li Ka-shing
17-Michael Bloomberg
18-Stefan Persson
19-Charles Koch
20-David Koch
2-Warren Buffett
3-Carlos Slim Helú
4-Lawrence Ellison
5-Ingvar Kamprad
6-Karl Albrecht
7-Mukesh Ambani
8-Lakshmi Mittal
9-Theo Albrecht
10-Amancio Ortega
11-Jim Walton
12-Alice Walton
13-Christy Walton
14-S Robson Walton
15-Bernard Arnault
16-Li Ka-shing
17-Michael Bloomberg
18-Stefan Persson
19-Charles Koch
20-David Koch
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