Home > business, management > I Found Another Gem

I Found Another Gem

Whoo hoo! I’ve stumbled upon another rare gem in a massive pile of ugly rocks. As the graphic below shows, I’ve added HCL Technologies to my list of favorite companies. Led by their visionary CEO, Vineet Nayar, HCL is one of the few models for successful companies of the future. Since the vast majority of corpo Executive Teams are stuck in the mechanistic Sloan/Taylor mindset of the 1900s with no intention of changing the way they manage, err, impose control, it’s always refreshing and exciting to discover a new game changer.

So, how do I decide whether a company is a cut above the rest? Via subjective evaluation of external observations, of course. Financial performance, which is of course important, is of secondary concern. Here’s my unscientific list of “research” methods:

* Read third party accounts of experience given by former and current non-management employees.
* Read, listen, and watch interviews with CEOs and executives.
* Scour publicly available mission statements, visions, core values and cultural descriptions for authenticity, lack of corpo jargon, and attention to detail.
* Stay away from glossy annual reports – which are all clones of each other.
* Ignore whatever the hand picked company spokesperson(s) say – propaganda city.

Of course, my methods aren’t perfect, but do you know of any better ones?

  1. PhilN
    September 10, 2010 at 2:48 pm

    BD: I’ve stumbled upon another rare gem in a massive pile of ugly rocks.
    You certainly could run into some B.S. from disgruntled ex-(or current)-employees with this method…

    • September 11, 2010 at 8:06 am

      Of course I can. No method is perfect, right? That’s why I listed 5 of them.

  1. September 10, 2010 at 8:18 am
  2. January 25, 2011 at 1:13 am

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