Seriously, how could I refuse? In an April 2, 2012 article in Fast Company by Lydia Dishman, some sage advice is shared with executives in growth organizations on the merits of leadership Mafia style.
1. Build a Powerful Community
Whether it’s your friendly funeral home director or doing a favor for a new LinkedIn connection, it is true that helping your peers will benefit your business in the long run. We are all short on time but one good turn deserves another and builds a “goodwill” account that can come in handy when facing your next financing, looking for a top notch sales person or addressing management struggles. I prefer to not keep a ledger on this sort of thing but your network will be much faster to respond when you’ve been responsive to them.
2. Hold People Accountable
Showing weakness leads to assassination. Ok, that’s a bit severe but in business or life, there are moments where bravery is a requirement and the path of least resistance is a killer. A wise person told me once, hire slow and fire quickly. FTE’s are a huge investment and a weak link in any area of a growth organization is like a cancer that causes far more damage than meets the eye. I’m a big fan of ripping a band-aid off quickly, whether it’s a bad consultant or employee, don’t wait the cost is more than you can imagine. Continue reading