Advice and Insight for Entrepreneurs and Leadership Teams
Entrepreneurial organizations usually have two types of leaders at the helm: Visionaries and Integrators. Which one are you?
There’s a term to describe tempting opportunities outside of an organization’s core competencies: “Shiny Things.”
Like sparkling diamonds or the flashing lights of fame, these opportunities beckon. Shiny things lure even the most rational leadership teams into poor strategic choices with real implications. When confronted with a new opportunity -- a shiny thing -- you’ll need to ask if it is a “core” or is it a “lure”?
My son didn’t like what he heard from me, so he went to his mom and got the answer he wanted. We call this “the end-run,” -- it also happens in business.
For example, have you ever experienced dissension in your organization where employees sided with one leader over the other? It’s like a reality show where alliances are created to overtake the other party.