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Every really good, really experienced CEO that I know shares one important characteristic: they tend to opt for the hard answer to organizational issues. If faced with giving everyone the same bonus to make things easy or sharply rewarding performance and ruffling many feathers, they’ll ruffle the feathers. If given the choice of cutting a popular project today, because it’s not in the long-term plans or you’re keeping it around for morale purposes and to appear consistent, they’ll cut it today. Why? Because they’ve paid the price of management debt and they would rather not do that again.
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I’ve definitely made this mistake – and learned from it. At breakfast this morning I just complemented Jack on some tough, decisive and quick decisions he’s made recently at Seat Geek.
Reblogged from BRYCE DOT VC
