Thread by @stevesi

In Peter Drucker's 1954 classic "The Practice of Management" he described the role of the CEO as being a combination of the right level of outside, inside, and action focus arrived at through management by objectives. 1/

In a later work this is refined (American CEO series in WSJ) he described the importance of an outside role and then a bridge to inside. 2/ wsj.com/articles/SB110…

This is a great framework but the problem is finding all of these in one person can be daunting or impossible resulting in disappointment/failure.

Also holds not just for CEO but for any sort of divisional or business leadership role (eg in charge of a whole biz). 3/

4/ Intel recognized this early on when assembling a founding team. The trio of an outside focused Noyce, a inward scientist in Moore, and Grove a person of action (understatement). This is recalled in Grove's book and later in Isaacson's "The Innovators".

Good lesson. //END

PS/ Worth noting, Grove was already an accomplished on the chemistry side of silicon engineering. He was not a management operator by training. Also worth noting, Moore was quite excellent externally focused. And so on.