The trick is to manage individuals the way that THEY want to be managed, rather than the way that YOU’d prefer to be managed.
It is not that the CEOs and other senior executives are bad decision makers. They are where they are because they are good at using their intuition, judgment, experience, instincts, etc., to make successful choices.
It’s not a good strategy to be closed to your staff’s opinions or ideas because you think you know it all. Just because you’ve been at a company a long time doesn’t mean you know everything about being a manager.
Don’t assume your credibility is apparent. Make an effort to establish it from the beginning by showing your willingness to work hard, modeling the behaviors you’re trying to encourage in others, and keeping promises and meeting deadlines.
Get really good at your routines; the world rewards order and discipline. Amazon’s Jeff Bezos remembers learning, at age 16, how to crack eggs neatly with one hand. “My favorite shift was Saturday morning,” he recalls. “I would get a big bowl and crack 300 eggs in it.” That fastidiousness — and desire to operate on a huge scale — has marked Bezos’s business ventures ever since.
“It’s the fear factor,” he said. “They’re afraid consumers will boycott if they know the company is led by a gay CEO.”
These 10 tech business leaders have all helped the machine continue to churn, some just starting their careers and others continuing to affect the world long after their own engines have ground to a stop.
Sheryl Sandberg was named to Facebook’s board. One of the most common responses: What took them so long? As investor Paul Kedrosky put it on Twitter: “Like most people, I’m sure, my reaction to news that COO Sheryl Sandberg is joining Facebook board is …. Wtf, she wasn’t on the board?”
Straying from the norm isn’t easy when you’ve spent your whole life following rules laid out for you at school and at home. It takes a major cognitive shift to understand that the way things are, and have been, can be challenged.
There are leaders and followers, loved ones and lovers, employers and employees. We might like to think equality, common goals and unquestioned commitment are the norm but it simply doesn’t happen. It’s true in personal life and in the workplace.
While some companies may have specific rules governing work-related travel, many employees are left on their own to figure out the do’s and don’ts before, during and after a trip.
A startup must form partnerships and alliances within its ecosystem. Today’s ultracompetitive global environment demands that you make alliances early. Startups often pay lip service to strategic partnerships, but they schedule these efforts far down the road. The right partnership strategy can make a company relevant.
While the team may have intellectually “got it” about the new plan, their collective emotions did not. Eventually, the CEO had a powerful insight: It takes a large heart to be a good leader.
Many daily newspapers have been moving away from paper for years, emphasizing digital news. Lately, some print dailies have been moving away from publishing daily, too.
“Certainly, anybody who is doing something that can be construed as unethical, immoral or greedy is being taken to task,” says Paul Dorf of Compensation Resources, a consultant to boards of directors.
Driving the change are chief executives who say they want a headquarters team with practical business skills in almost any part of the world, from finding local partners to anticipating customer tastes.
Extraordinary bosses set a general direction and then commit themselves to obtaining the resources that their employees need to get the job done. They push decision making downward, allowing teams form their own rules and intervening only in emergencies.
I hang onto Patagonia because it’s my resource to do something good.
Study after study also shows that high differentiation in pay between the CEO and lower-level staffers hurts organizational performance. And there is no shortage of outrage over CEOs who get rich whether their companies do well or not.