Rule number 22 in "Swanson's Unwritten Rules of Management": "Cultivate the habit of making quick, clean-cut decisions."
That rule came in handy in April when it was revealed that many of the homespun insights compiled by William H. Swanson in a booklet that burnished his reputation as the common-sense chairman and chief executive of Waltham's Raytheon Co. were actually cribbed from a book written six decades ago by a California engineering professor, W.J. King. Even rule number 22.
The CEO acknowledged the similarities: At least 16 of the 33 aphorisms listed in Swanson's 2004 booklet, which the company has distributed free to hundreds of thousands of people, are similar or identical to the adages published by King when he was at University of California at Los Angeles. A month later, the company’s board voted to reduce Swanson’s compensation by roughly $1 million.
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That rule came in handy in April when it was revealed that many of the homespun insights compiled by William H. Swanson in a booklet that burnished his reputation as the common-sense chairman and chief executive of Waltham's Raytheon Co. were actually cribbed from a book written six decades ago by a California engineering professor, W.J. King. Even rule number 22.
The CEO acknowledged the similarities: At least 16 of the 33 aphorisms listed in Swanson's 2004 booklet, which the company has distributed free to hundreds of thousands of people, are similar or identical to the adages published by King when he was at University of California at Los Angeles. A month later, the company’s board voted to reduce Swanson’s compensation by roughly $1 million.
Read the story(Josh Reynolds for the Boston Globe)
