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management
Mark Cuban’s 12 Rules for Startups – Entrepreneur.com
Don’t start a company unless it’s an obsession and something you love. If you have an exit strategy, it’s not an obsession. Hire people who you think will love working there. Sales Cure All. Know how your company will make money and how you will actually make sales. Know your core competencies and focus on [...]
10 Secrets of Successful Leaders
Leadership is one of the areas that many entrepreneurs tend to overlook, according leadership coach John C. Maxwell, whose books include The 21 Irrefutable Laws of Leadership (Thomas Nelson, 1998) and Developing the Leader Within You (Thomas Nelson, 1993). “You work hard to develop your product or service. You fight to solve your financial issues. You go out and [...]
The Right to Management Competence – Linda Hill & Kent Lineback – Harvard Business Review
What good management comprises — what bosses do to make their people productive — isn’t really a mystery. We can argue about the exact wording, but the basic elements aren’t in doubt. We’ve summarized them in what we call the “3 Imperatives”: Manage yourself, manage your network, manage your team. In writing about these elements, we’ve [...]
The Art of Admitting Failure – Charlene Li – The Conversation – Harvard Business Review
Dealing with failure is part of being a leader. Rather than expend enormous energy to avoid it, you should build an organization that is resilient in the face of inevitable failures. Here are three steps that you can take: 1. Create a culture of sharing failures as well as success. When then-new Ford CEO Alan [...]
A Bias against ‘Quirky’? Why Creative People Can Lose Out on Leadership Positions – Knowledge@Wharton
In a paper titled, “Recognizing Creative Leadership: Can Creative Idea Expression Negatively Relate to Perceptions of Leadership Potential?” to be published in the March 2011 issue of the Journal of Experimental Social Psychology, Mueller and co-authors Jack A. Goncalo of Cornell and Dishan Kamdar of ISB undertook three studies to examine how creative people were [...]
The Organisation Structure as Free Market | Management Innovation eXchange
Summary Good manager deliver good results while motivating and growing their employees. Bad managers might still deliver good results, but not focus on doing the best for their employees, slowly de-motivating their staff and thus losing performance and ownership. Often, managers are made based on their achievements in other areas than managing people rather than [...]
Letting Gen Y Lead a Management Makeover – Vineet Nayar – Harvard Business Review
Some of the most interesting themes emerging from the entries so far: Increasing democratic influence on the appointment of leaders. (“The Organization Structure as Free Market”). Giving people the chance to shape their work and organizations (“Ideas.com“; “The Management Tree“; “Internal bidding for task assignment“). Creating ways to bypass the filters that impede direct communications [...]
Innovation and performance management – BankerVision
Hat tip to Stefan Lindegard who quotes David Nordfors post speaking to the challenges of the corporate innovator: “When someone tries to innovate within a traditional organization, few will understand what he/she is doing, but everybody will understand who is a trouble-maker. After the innovation has been embraced by the organization, few will remember who started [...]
How a foosball table can kill your startup – part two
If we tracked the usage of Guitar Hero setups, foosball tables, pinball machines, etc., we would see that utilization of them is not really worth their cost and the rent we pay for the space they take up. Often the toy/activity choice we make is driven by what we personally like. I highly doubt anyone [...]
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