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In the United States, the first two people to earn a salary of over one million per year were Chrysler and Charles Schwab. Why did the steel magnate Andrew Carnegie pay Schwab a million-dollar annual salary? In other words, he is paid over three thousand dollars for a day’s work – why? Because Schwab is an excellent genius? No. Is Schwab’s expertise particularly special? Not either. Schwab told me that many of his subordinates. I know much more about the steel industry than he does. Schwab earns such a high salary because he has a special ability to treat people. I asked him how he did it, and he told me that these words should be engraved on a bronze plaque to be passed down to future generations. Schwab said, “I believe I have the ability to inspire people’s enthusiasm, and that’s my greatest strength... The way I make the most of every talent is through appreciation and encouragement.” “What destroys a person’s aspirations most easily in the world is criticism from superiors. I never criticize anyone; I only give people motivation to work. For subordinates. I always praise quickly and find faults slowly. If there is something I like to do, it is to be sincere in giving praise and generous in offering compliments. ”Schwab’s approach is indeed the opposite of what most people do. If ordinary people don’t like something, they will always try hard to find faults; if they like it, they won’t say a word. Schwab said, “I have wide circles of acquaintances and have met many famous people around the world. I haven’t encountered a single person, no matter how great or high-ranking they may be, who has not achieved greatness by receiving more praise than criticism.” ”What he said was also an important reason for the great achievements of the steel magnate Carnegie; Carnegie did not act in secret – he often publicly praised his colleagues. On his own monument, he even mentioned his assistants. The inscription he wrote for himself read: “Buried here is a person who knew how to get along with those smarter than himself.”
There are truly very few leaders who have the ability to inspire employees’ enthusiasm for work; I’ve never met any such ones...
Those who are frequently criticized by their supervisors – where do they get any praise from?
The leader lacks competence; their management skills are poor!
However, there must also be a corresponding set of systems in place.
Well, that’s that then; no one is perfect.