Combining Ancient Chinese History with Business Management and Strategies.

About Me

Koo Ping Shung is a renowned author on the subject of "Sun Tzu Art of War" and other related Ancient Chinese Literary Works on Military Strategy and Chinese History. Ping Shung's passion in particular is in the exposition of Practical Business Applications gleaned from his vast and in-depth understanding of the applicability of such Ancient Chinese Literary Works to modern day Businesses, Entrepreneurs & Businessmen, and People in the Corporate Hierarchy. To date, he has written on many topics including Strategy Formulation & Execution, and Corporate Leadership. Read more on Ping Shung's sharings on the Famous Quotes of Sun Tzu by clicking on "Sun Tzu Quotes". He has also been reading about managing personal finance and investments since 2002 He is familiar with the personal finance landscape in Singapore.

Friday, February 20, 2009

Gathering Wisdom of Talents

Gathering the wisdom of talents is another skill the managers or entrepreneurs should learn.

Quoting a saying from Han Fei Zi,

"Low level ruler will gather all his efforts and skills, mid level ruler will gather the efforts of all, high level ruler will gather the wisdom of all."

A great ruler will rule by gathering the wisdom of his men. This applies similarly to managers as well. They must be able to gather the wisdom of his team members. The reason is because of the unique individual experiences, we can look at a problem or solutions at many angles. As such, we can be assured that most angles are covered and mistakes would not be made so easily.

So what skill is needed to "gather wisdom"? I believe there are three ingredients required.

1) Culture/Trust
2) People Skill

Are you adopting an open culture? If your culture is not open, no one will open up and you would not be able to gather their wisdom because it is locked up inside their brain and not communicated to anyone. For a culture to be open, there must be trust, trust that credit is given where it is due and trust that what they said would not be used against them.

Managers also need people's skill, to motivate, to understand and again to create a 'trusting' environment.

As a side note, if you notice, one of the ingredients required is also the five qualities that is required to be a great general, as stated by Sun Tzu. (Please click here to read the article "Five Essential Characteristic of General" and quote in Chinese Wiki)

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