[Business Management] Ten Principles of Management

table of Contents

1. The butterfly effect

2. Frog phenomenon

3. The crocodile law

4. Herding effect

5. The Hedgehog Rule

6. The law of watches

7. Broken Window Theory

8, the twenty-eight law

9. The barrel theory

10. Matthew effect


1. The butterfly effect

The very small changes in the initial conditions are constantly amplified, which will make extremely large differences in their future states. Some trivial matters can be confused, and some trivial matters, if magnified by the system, are important to an organization and a country, so you should not be confused.


2. Frog phenomenon

Some sudden events tend to arouse people's vigilance, but what is easy to cause death is the gradual deterioration of the actual situation without a clear awareness of the fact that one feels good about himself.


3. The crocodile law

When you find that your transaction deviates from the direction of the market, you must stop the loss immediately, without any delay, and without any luck.


4. Herding effect

Herding effect is the earliest term in stock investment, which mainly refers to the phenomenon of investors learning and imitating in the process of trading. They "have something to learn" and blindly imitate others, leading them to buy and sell the same stocks in a certain period .


5. The Hedgehog Rule

Two sleepy hedgehogs huddled together because of the cold. But because they had thorns on their bodies, they left a distance, but they couldn't stand the cold, so they got together. After several tossings, the two hedgehogs finally found a suitable distance: they can get each other's warmth without being stabbed.


6. The law of watches

The law of watches gives us a very intuitive inspiration in business management, that is, two different methods cannot be used for the same person or the same organization at the same time, two different goals cannot be set at the same time, and even each person cannot be done by two people. Command at the same time, otherwise this enterprise or individual will be at a loss.


7. Broken Window Theory

If the window of a house is broken and no one will repair it, other windows will be broken inexplicably after a short while; if some graffiti appears on a wall and has not been cleaned, soon, the wall will be full of mess. Things that are unsightly; in a very clean place, people are embarrassed to throw rubbish, but once there is rubbish on the ground, people will throw it without hesitation, without feeling ashamed.


8, the twenty-eight law

Do not analyze, deal with and treat problems equally. In business operation and management, we must grasp the key few; we must identify those key customers that can bring 80% of the profits to the company but only account for 20% of the total, and strengthen services to achieve Multiplier results with half the effort; business leaders must carefully classify and analyze their work, and spend their main energy on solving major problems and grasping major projects.


9. The barrel theory

If the lengths of the wooden boards that make up the wooden barrel are not the same, the amount of water in the wooden barrel depends not on the longest wooden board, but on the shortest wooden board.


10. Matthew effect

There is a famous saying in the "Bible-Matthew Gospel": "Everything that has it must be added to him, so that he will have more than that; if there is no, even what he has will be taken away." The Matthew effect refers to the stronger the stronger The phenomenon that the weak get weaker is widely used in many fields such as social psychology, education, finance, and science.

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Origin blog.csdn.net/weixin_43800786/article/details/99739315