Entity Dossier
entity

Friedman

Strategic Concepts & Mechanics

Signature MoveHumiliation as Control Instrument
Competitive AdvantagePrincipality as Power Base
Cornerstone MoveTechnology Beats Politics — Invest at Step 4
Cornerstone MoveMill to Nomadic Camp Capital Pipeline
Strategic PatternDeregulation as Market Genesis
Identity & CultureRejection as Society's Mirror
Capital StrategyLegacy as Both Shackles and Foundation
Signature MoveThird-World Stealth Expansion
Signature MoveCrazy Billionaire vs Civil Servant
Identity & CultureFantastic Journey as Loyalty Engine
Signature MoveThirteen-Hour Meeting as Onboarding Ritual
Relationship LeverageFoxconn's Loss-Leader-to-Lock-In Playbook
Risk DoctrineTacit Knowledge as Accidental Export
Competitive AdvantageApple Squeeze: Invaluable Experience Over Margin
Identity & CultureVerbal Jujitsu Procurement Culture
Signature MoveDesign the Impossible Then Manufacture the Impossible
Signature MoveFifty Business Class Seats Daily to Shenzhen
Operating PrincipleZero Inventory as Theological Doctrine
Strategic PatternUnconstrained Design Not Cost Arbitrage
Cornerstone MoveSecret $275 Billion Kowtow to Keep the Machine Running
Signature MoveSilk Tie Competitions to Train Negotiators
Cornerstone MoveScrew It, iTunes for Windows
Cornerstone MoveBuy the Machines, Own the Factory Floor Without Owning a Factory
Signature MoveDrive Off the Cliff to Prove the Brakes Don't Work
Cornerstone MoveTrain Everyone Then Pit Them Against Each Other
Risk DoctrineRule By Law as Corporate Leash
Decision FrameworkBig Potato Small Potato: Positional Power Over Fairness
Operating PrincipleClient First Impression Obsession
Signature MovePhone Call Return as Core Discipline
Operating PrinciplePSD Hiring Philosophy
Risk DoctrineProsperity Paranoia Doctrine
Signature MoveExpense Vigilance in Good Times
Operating PrincipleError Account Personal Liability
Signature MoveCultural Enforcement Through Symbolism
Strategic PatternFundamentals Over Flash
Operating PrincipleCentralized Vendor Control
Signature MoveAnti-Hierarchy Information Flow

Primary Evidence

"- I think it’s the best Stenbeck story, better than the ones about him losing his temper and shouting at people. Because this one shows what makes him scary, and unusual: that he is completely insensitive when it comes to humiliating close associates in front of other people. Imagine that he forced Friedman - who was quite an important person in the company then! - to spend so much effort and time on a tart. It’s callous."

Source:Stenbeck - Biography of a Successful Businessman

"Unannounced visits from Apple could get around these problems. But suppliers have clever work-arounds. They might play a particular song throughout the factory, which serves as an urgent signal: ALL UNDERAGE WORKERS LEAVE THROUGH THE BACK DOOR. Apple could get wise to that sort of tactic if it really wanted to, but “you’ve got the fox guarding the henhouse,” says Friedman. He quit Apple’s advisory council after concluding that few of the things he wanted to accomplish were possible. “Why would Apple want to rigorously enforce things that would hurt their bottom line?”"

Source:Apple in China

"Then there are Friedman’s “five forbidden phrases.” • “I don’t know.” It should be replaced with “Let me check and find out.” • “We can’t do that.” Instead, tell callers what can be done. • “You’ll have to . . .” The caller doesn’t have to do much of anything, certainly not sit on hold. Instead, the employee should say, “You’ll need to . . .” • “Hang on a second, I’ll be right back.” It’s a lie and should be replaced with “I’ll need to put you on hold for a few moments, if you are able to hold.” • “No.” It should no longer appear at the beginning of a sentence. That makes people think about what they’re saying before they start talking."

Source:Memos From the Chairman

Appears In Volumes