Title Peter Kaufman Culture Book.pdf ✅

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It's Really Quite Simple ... "What the pupil must learn, if he learns anything at all is that the world will do most of the work for you, provided you cooperate with it by identifying how it really works and aligrzing with those realities. If we do not let the world teach us, it teaches us a lesson. " -Joseph Tussman At Glenair we have a saying, "Where There Is Mystery There Is Margin." Another way of expressing this same idea is the saying, "When You Do As Everyone Else Does, Don't Be Surprised When You Get What Everyone Else Gets." This hand out contains simple cultural principles few others ever employ. They can be the source of sustained advantage, optimal relationships, and superlative margins. It's so simple, yet so profound: we can get the world to do most of the work for us, or we can struggle against its unconquerable power, for a lifetime. But, we can only enjoy the positive force of Niagara Falls by identifying and aligning with how the world really works. [ [ [ [ D D D □ D D D D D D D u D D D
r [ [ C [ [ C C L l C l Culture I was asked by our outside directors at Glenair for suggestions how they could be of greater value. This was such a good question, I prepared an entire written report in response. I'm delighted to share it with you. At a talk to Capital Group executives recently, Charlie Munger stated the following: "The three best operating companies I'm aware of are Costco, Kiewit and Glenair. There is nothing remarkable about the product or field for any of these three. But there is something remarkable about the cultures of all three. " l tenab:I From Charlie's statement it might be inferred that if someone wanted to truly understand any of these exceptional companies, their focus would best be placed not on the product or field, but on their cultures. Indeed, I think this is the proper pathway for a Glenair director to be of optimum value: coming to understand, with deep fluency, the unconventional Glenair culture, and the specific ingredients- large and small, obvious and hidden-that join together to create such a "leaping emergent effect". They would then be in a position to peiform one of the most valuable tasks a director can ever perform - guarding against drift in the culture. To follow are fourteen critical aspects of Glenair culture. Their simplicity is reflective of one of my favorite lines, from Andy Benoit: ''Most geniuses-especially those who lead others- prosper not by deconstructing intricate complexities, but by exploiting unrecognized simplicities. "