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by PBworks17 years, 2 months ago
A life spent making mistakes is not only more honorable, but more useful than a life spent doing nothing.
--George Bernard Shaw
Be your own worst critic
Criticize yourself pre-emptively before others do.
Announce bad news early
So people trust you when you give good news.
Let everyone know everything that can go wrong
That way nobody is surprised if something actually does go wrong.
If the Board will not understand it in the time allotted, it does not belong in a Board Meeting.
Your Directors should be smart, but there is only so much depth you can go into with once-a-month meetings. Stay strategic.
Set expectations low
It is a peculiar process of corporate America that Boards judge a CEO's performance against the CEO's plan, and have little role in setting the plan. So the more pessimistic the plan, the better the CEO looks. Stupid, but unfortunately true.
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