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Category Archives: Surrounding yourself with talent
Reward success and failure. Punish only inaction.
Reward failure? That may be a difficult concept for an executive. And there are limits of course. We wouldn’t reward a failure to follow laws, or protect lives, or deliberate endangerment of the company or its people. But should we … Continue reading
Power is sometimes assumed when not granted.
How many times have you heard someone say “Let’s do it now and ask permission later?” It’s a common practice in companies where there is a barrier between levels in the chain of command, or lack of communication between contemporaries. … Continue reading
Protect your outlier innovators.
Here’s one for executives of technology companies, or any company with next generation products in mind. As your business grows more complex and there are more employees to manage and more customers to care for, slowly you will notice that … Continue reading
Posted in Surrounding yourself with talent
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Fire yourself. Rehire a new you.
When a new CEO or manager is hired into a company, for a while lots of energy flows from the top and new ideas seem to be generated daily. It is one reason not to fear the unknown when upper … Continue reading
Posted in Growth!, Surrounding yourself with talent
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Are you too emotionally involved in the decision?
Negotiating an agreement, especially one that involves personal gain, is tough for the person personally involved. There is too much to lose to be objective, to be willing to walk when terms go upside down. It is my experience that … Continue reading
Help your employees to grow through their position.
When we accept the work commitment from a person we hire, we make a pact with the new employee that often stops at agreeing to pay for service rendered and to provide a safe working environment. There should be more … Continue reading
Posted in Surrounding yourself with talent
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Don’t manage with “what” without “why!”
Empowering your direct reports with the reasons for your orders gives them incentive to act, motivation to accept authority, and purpose behind action. I try to teach this with the simple phrase that is the headline of this insight. Think … Continue reading
Posted in Surrounding yourself with talent
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Do you tell your direct reports HOW to do a job?
Unless your job is to teach, attempting to tell your direct reports HOW to do the job you’ve asked or ordered them to do will be a disincentive, will remove some of the authority you’ve delegated, and definitely reduce their … Continue reading
You are watched more closely than you think.
Ever had a manager above you who said one thing and did another? At least once? Or in a pattern of repeats? Well, you’re not alone. Did you think less of that person for it? Would you follow that manager … Continue reading
Posted in Surrounding yourself with talent
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Stay in touch with your investors.
Investors as a group have a common gripe – almost universal. Information flows from the company irregularly, in fact most often when the company is urgently in need of more money. Investment documents usually call for quarterly reporting by the … Continue reading
