Corporate Arrogance

Do you know if your company is arrogant or lost touch with the real world?
Here are some points I found on Internet.

1. You hire and develop great people but then fail to listen to their input if it is nonconformist thinking.

2. Your company rationalizes its mistakes instead of learning from them.

3. Your company focuses almost exclusively on financial success with little regard for legacy and social impact.

4. Your company lobbies against sound regulations because they may add complexity to the way you operate.

5. Your leaders pat themselves on the back when the company succeeds financially, even though success derived from market forces rather than actual performance.

6. Your leaders believe the company can't fail.

7. Your leaders dictate more than they listen.

8. The company underestimates its competition and minimizes the success competitors achieve.

9. Access to top leadership in the company requires wading through multiple layers of bureaucracy.

10. There is a focus on amassing the trappings of success: large, well-appointed offices, chauffeured cars, private jets, and the like.

11. Your company doesn't become a partner in a merger; it takes over, losing the value of the culture and learning the other organization might have provided.

12. Your company suffers from "Not Invented Here Syndrome," believing it holds the monopoly on great ideas, so that innovations coming from the outside ("Not Invented Here") are deemed to hold little value.

http://www.businessweek.com/managing/content/dec2010/ca20101220_008468.htm

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