Summary of Mastering the Rockefeller Habits

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8 Applicability

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Recommendation

Entrepreneurship expert Verne Harnish, a student of business management, interprets a set of managerial best practices he calls the “Rockefeller habits.” He refers throughout to Standard Oil co-founder John D. Rockefeller (1839–1937), who had three bedrock management precepts: “priorities, data and rhythm.” Harnish’s short, effective manual illuminate all three, detailing why companies need firm plans, established priorities, big goals, effective delegation and strong values that it integrates into its performance. In this useful best-selling guide, now translated into nine languages, Harnish clarifies how CEOs and senior managers can apply these ideas to nourish their companies’ growth. getAbstract recommends his useful management primer to entrepreneurs, executives, and business students and professors.

In this summary, you will learn

  • Why companies need plans, priorities, timely data and regular meetings 
  • Why executives must delegate
  • What three questions leaders should ask and
  • How your firm’s “core values” affect its performance.
 

About the Author

Verne Harnish, also known as the syndicated columnist who writes “The Growth Guy,” founded the Entrepreneurs’ Organization and chairs its CEO program, the Birthing of Giants. He also wrote the best-selling Scaling Up: Rockefeller Habits 2.0.

 

Summary

The Fundamentals of Business Management

Managing a business is like parenting a child. Certain fundamentals apply. The three basic guidelines are:


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