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June 4, 2022
Raise your standards, pick up the pace, sharpen your focus, and align your people. You don't need to bring in reams of consultants to examine everything that is going on. What you need on day one is to ratchet up expectations, energy, urgency, and intensity.
People lower their standards in an effort to move things along and get things off their desks. Don't do it. Fight that impulse every step of the way. It doesn't take much more mental energy to raise standards. Don't let malaise set in. Bust it up. Raising the bar is energizing by itself.
We should all be thrilled with what we're doing.
Another source of misalignment is management by objectives (MBO), which I have eliminated at every company I've joined in the last 20 years. MBO causes employees to act as if they are running their own show. Because they get compensated on their personal metrics, it's next to impossible to pull them off projects. They will start negotiating with you for relief. That's not alignment, that's every man for himself. If you need MBO to get people to do their job, you may have the wrong people, the wrong managers, or both.
First, think about execution more sequentially than in parallel. Work on fewer things at the same time, and prioritize hard. Even if you're not sure about ranking priorities, do it anyway. The process alone will be enlightening.
Figure out what matters most, what matters less, and what matters not at all. Otherwise your people will disagree about what's important. The questions you should ask constantly: What are we not going to do? What are the consequences of not doing something? Get in the habit of constantly prioritizing and reprioritizing.
Vagueness causes confusion, but clarity of thought and purpose is a huge advantage in business. Good leadership requires a never‐ending process of boiling things down to their essentials. Spell out what you mean!
I always operated as if I owned everything, whether I did or not. That didn't always sit well with peers or superiors. I have since always tried to increase our people's sense of ownership so they will act as owners. That mentality needs to be nurtured.
temperament of an operator, not an investor/advisor.
I wanted to eliminate uncertainty and doubt by bringing in some sure‐fire executives that I had worked with at previous companies. When you take over a company with a wide range of issues, you have to start solving the more straightforward problems as fast as possible so you can narrow the focus on the harder ones. Bringing in some proven performers was a no‐brainer.
when there is doubt, there is no doubt.
Being mission driven helped our people become motivated, focused, impatient, and passionate—maybe even a bit zealous.
Once you have your mission in place, how do you get everyone to embrace it and make it real? The four keys are applying focus, urgency, execution, and strategy.