Hire the best, let them do their jobs and great work ensues. If you try to micromanage then employees won't feel as motivated as they don't feel they Hire the best, let them do their jobs and great work ensues. If you try to micromanage then employees won't feel as motivated as they don't feel they own the process (according to Reed). I like the book although I am not sure if this formula can be generalized for every business. Elon Musk seems to run a business the opposite way and yet he is very successful. ...more
There is so much useful information in this book I wish I had it when I was first starting out in business. Ben Horowitz is a former CEO and founder wThere is so much useful information in this book I wish I had it when I was first starting out in business. Ben Horowitz is a former CEO and founder who created a software company which was eventually bought by Hewlett Packard. He now runs a venture capitalist firm. When he isn't busy doing that, he writes books on management to share what he has learned through the years.
Key takeaways:
- When recruiting value strength rather than lack of weakness. This is not all that obvious seeing as how it is a much more risky decision to make but all the more rewarding. This leads to the second point: - Don't hire for a generic position - Colin Powell: "Leadership is the ability to get someone to follow you even if only out of curiosity (one of my favorites) - There are no silver bullets. Only lead bullets. Meaning there is no one solution which will solve every problem, you really have to dig in and do your best to solve the small problems which will eventually lead you where you want to go. - It's easy to get hung up on mistakes and think that everyone is noting how bad you are at what you do. In those typs of situations its important to note what the owner of a football team told his head coach: "Nobody cares. Just coach your team". - The most difficult CEO skill is handling your own psychology which leads to the last point and perhaps this confirms what I've always been convinced of:
"Over the years, I've spoked to hundreds of CEO's, all with the same experience. It's like the fight club of management. The first problem is that everybody learns to be a CEO by being a CEO. No training as a manager, general manager, or in any other job actually prepares you to run a company"...more
Loading...
