Wednesday, August 25, 2010

The Good Luck Factor in Business Management

I have often wondered what makes for a successful top-level business manager, particularly the chief executive. Is it simply good technique learned on the job or in college? Or is it inbred in his or her character?

Or maybe nothing but just excellent managerial psychology? Tests show psychology can have some bearing.

Or can coincidental happenings and sheer good luck be factors, being in the right place at the right time?

I have found from my management experience in large and small business, that it is a combination of all of the above.

But with a common denominator. You do not need schooling or extensive book learning. You do need common sense and persistence.

I comment on many of these principles in this blog from time to time. ( See the Earl J Weinreb NewsHole® comments.)

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