Never judge something from thier surface, make efforts to know it properly.
There are no shortcuts to knowledge, especially when it's gained from personal experience.
When facts seem to dictate a certain outcome, look for alt narrative and explanation to ensure your outlook.
When you are in a fix and in a work block, set artificial deadlines and act accordingly. Do everything you can and put all your efforts, something great would come up!
While we all spend time thinking 'what we gonna do?', dedicate a good amount of time on ' what you arw not gonna do?'
Asking yourself what you are not going to do solves a plenty of dilemma and makes your plan of action simple :)
State the facts as they are, but what you as CEO need to ensure: 1. Trust 2. The more brain working on a hard problem, the better it is 3. Bad news travel faster than the good news- ingrain the good culture so that it stays forever!
Getting big execs into small firms/startup often leads to skill set and rhythm mismatch.
To overcome and stop the disaster- 1. Screen for mismatches in the interview process 2. Take integration as serious as interview
White Box Concept: Focus on qualitative aspects along with numbers. This concept goes beyond numbers & gets into how the org produced them. It penalizes those who sacrifice the future for the short term & rewards those invest in future (inv is not measurable)
Hiring tip- Hire person with right kind of ambition i.e. ambition for the company's success with the exec's own success only coming as a by-product of the company's victory. ( Defined by Andy Grove)
Methodology for measuring exec's performance by Bill Campbell- 1. Results against objective 2. Management and Goal hitting 3. Innovation 4. Working with peers
An entrepreneur should focus on what is needed to get right and stop worrying about all the things that went wrong or might go wrong!
Leadership traits:
- Ability to articulate the vision
- Right kind of ambition
- Ability to achieve the vision
Steve Jobs, Bill Campbell and Andy Grove together!
Hard things are hard because:
- There are no easy answers or recipe
- Your emotions are at odds with your logic
- You don't know the answer and can't even seek help without showing weakness
Life is a struggle, embrace the struggle!!
My closing thoughts on the book-
- Anyone willing to know an entrepreneur's life
- Want to grasp the relevance of HR and Training
- Understand organization culture and environment
- Thoughts on being a CEO and building teams