Finally they are able to make tough decisions to protect the standards and aspirations of the group. Managing Managing as opposed to leading is about getting a group to operate efficiently and effectively. Managing is done by planning and budgeting organizing analyzing problems building and using management systems prudently allocating resources and providing performance feedback. Managing is a complement to leading. So much of business and family success has to do with good execution getting jobs done well on time and on budget.
Thank goodness for good managers of businesses and families. Like all CEOs that I teach at Harvard Nelson Sirotsky spent a lot of his time as CEO of RBS managing that is developing the efficiency and effectiveness of particular Chinese Overseas America Number Data aspects of the business. He did a lot of planning organizing and problem solving. Most of the family business leaders that I see are strong managers. management techniques but these leaders are programmed to manage things. In fact too much to the point where they focus so much effort on management that their companies tend to be over managed under led and under governed. It s natural for CEOs particularly family members who grew up in the family company and know it well to become focused on its operating effectiveness.
A But too much focus here generally means they give too little attention to the leadership and governance needs of the organization. We devote a lot of effort in the Owner President Management program at Harvard correcting this pattern. I often wish there was an Owner President Management program for the leaders of families Families that own business have similar management problems. Many business families could do a better job of managing their financial life by setting clearer goals and by controlling spending better.
發表於 2024-3-12 17:55:56
