“Most businesses don't fail dramatically.
They do it slowly……….
Organizations fail slowly. They often succeed fast, though. That's where the remarkable comes in. So, if I had to summarize it: You take a big step up... by being bold. But you avoid a slow death by getting every little thing right.”
They do it slowly……….
Organizations fail slowly. They often succeed fast, though. That's where the remarkable comes in. So, if I had to summarize it: You take a big step up... by being bold. But you avoid a slow death by getting every little thing right.”
The right leader to take bold steps may not be the right leader to execute the details of a business. We often see great leaders in entrepreneurship fail when execution and optimizing assets becomes more valuable than ideas. There is often a transition from entrereneurship to managing and it is not for everyone. Imagine a transtion from kicker to linebacker on a football team. Or vice versa.
An organization will find itself moving along a risk curve based on a number of factors including competition, market position, industry dynamics, and disruptive technologies. Leaders must be capable of adapting to these risks or face the slow, undistinguishable death mentioned by Seth.
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» Entrepreneurial Leadership from MidMarketMaven
Hal Halladay at Leadership Notes made a great observation about Seth Godin's commentary on leadership in an entrepreneurial setting. The point seems to be that even a great entrepreneur may not be the right person to lead the business as... [Read More]
Tracked on: February 6, 2006 8:07 PM | Permalink to Trackback