This post originally appeared on Orphan Road.
I’ve been book-tagged by the catowner, and so I must respond! Sadly, the book that sits closest to me is — not transit-related — Jim Collins’ Good to Great. Here he is talking about “Responsibility Accounting”:
The idea, radical for the 1960s, was to create a system wherein every Abbott manager in every type of job was responsible for his or her return on investment, with the same rigor that an investor holds an entrepreneur responsible. There would be no hiding behind the traditional accounting allocations, no slopping funds about to cover up ineffective management, no opportunities for finger-pointing. But the beauty of the Abbott system lay not just in its,rigor, but in how it used rigor and discipline to enable creativity and entrepreneurship.
SC’s book is more interesting than mine, I must admit.
Comments are closed.