[A founder’s mentality] comes down to balancing the conflict between projects and processes. People tend to like one or the other, so the leader must keep reiterating how and why both are necessary. Remind the projects people, who may be driving innovation, that the processes you’re rolling out won’t kill the fun; they’ll generate the money to fund more projects.
Content: Quotation | Authors: Derek Lidow, Scott Leibs | Source: Inc. Magazine | Subject: Management
If you are self-aware, you know yourself and have a good sense of how others see and react to you. This is the emotional intelligence that Daniel Goleman has written about. You never stop being you, but you have to know how to be the version of you that is right for the business and the people in it. I think parenting is a good … [ Read more ]
Content: Quotation | Author: Derek Lidow | Source: strategy+business | Subjects: Entrepreneurship, Leadership, Management
Every relationship of two or more people is based on shared objectives. They needn’t agree on how to bring it about and may not both take action to effect the change. Cooperative relationships are those where both parties agree on how to share the benefits and costs of creating change. Competitive relationships, by contrast, are those in which you don’t agree on how to allocate … [ Read more ]
Content: Quotation | Author: Derek Lidow | Source: strategy+business | Subjects: Leadership, Management, Negotiation, Organizational Behavior
There are four periods in the life of a startup, from the initial idea to long-term financial sustainability. Each one requires a distinct leadership attitude and set of leadership skills. The first phase is customer validation, where you go from having an idea to finding a customer willing to pay for your product or service. The second is operational validation. This is the phase … [ Read more ]
Content: Quotation | Author: Derek Lidow | Source: strategy+business | Subject: Management
The former entrepreneur analyzes the leadership skills that new companies need for long-term success.
Content: Article | Authors: Derek Lidow, Eric McNulty | Source: strategy+business | Subjects: Entrepreneurship, Leadership, Management