Big companies have trouble with innovation. Innovation is about bad ideas, or ideas that look like bad ideas. That's the fundamental thing.
Ben HorowitzRead
In my experience as CEO, I found that the most important decisions tested my courage far more than my intelligence.
Interpretation
Courage is often more crucial than intelligence in making important decisions.
In this quote, Ben Horowitz emphasizes the significance of courage in leadership roles, particularly when faced with tough decisions. He suggests that the ability to confront challenges and take risks often outweighs the analytical skills that one might possess, highlighting the emotional strength required to lead effectively.
In practice
During a leadership seminar, this quote can be used to highlight the importance of courage in decision-making.
Big companies have trouble with innovation. Innovation is about bad ideas, or ideas that look like bad ideas. That's the fundamental thing.
As a company gets big, the information that informs decision-making gets massive. Depending upon the prism through which you view the business, your perspective will vary. If two people are in charge, this variance will cause conflict and delay.
You read these management books that say, 'These are the hard things about running a company.' But those aren't really the hard things. The hard things are when you have to layoff half your company, or you have to fire your best friend. Or you have to figure out a way not to go bankrupt.
Look - this is the terror of being a founder & CEO. It is all your fault. Every decision, every person you hire, every dumb thing you buy or do - ultimately, you're at the end.
Nobody knows how to be a CEO. It's something you have to learn. It's a very lonely job.
As long as people are clear on what they need to do and what's going on, you're very likely to succeed. When nobody is clear, then you're guaranteed to fail.
We have to lock up people, without trial, whether they are communists, whether they are language chauvinists, whether they are religious extremists. If you donβt do that, the country would be in ruins.
The twin sister to autonomy and freedom is responsibility and accountability. You cannot have one with out the other. If someone is given an area of responsibility, not only must they be set free to do it, they must also be held accountable for what they do. Accountability clarifies freedom. In the teams and companies where you see boundary confusion, power struggles, control, over-reaching of one's line of responsibility, you will also see lapses in accountability as well.
My own experience is use the tools that are out there. Use the digital world. But never lose sight of the need to reach out and talk to other people who don't share your view. Listen to them and see if you can find a way to compromise.
I've learned some exciting things - mostly, that people really want to help each other; and that, if you can lay out a vision for them - and that vision is sincere and genuine - they'll get interested.
Although the attorney general is a part of the president's team, you're really separate and apart. You have a special responsibility as the nation's chief law enforcement officer. There has to be a distance that you keep - between this department and the White House.
It is necessary to develop a strategy that utilizes all the physical conditions and elements that are directly at hand. The best strategy relies upon an unlimited set of responses.
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