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What's the biggest risk facing the leaders of most entrepreneurial ventures? It's not closing that first round of funding or landing a cornerstone customer. As with most things, it all comes back to people — and your ability to lead those who don't have much practice following.
It's easy to get seduced by the investors, the technology, the contracts, and the customers. It's even easier to focus on those things when you don't want to take on the challenge of leading a green team. But, in the end, it's your people who hold the fate of your venture in their hands, and leading them well may be the most important work you do.
Whether you earned your stripes in corporate America or as a serial entrepreneur, you carry many embedded assumptions about the way people should follow their leaders. Unfortunately, no one has ever explained that to the members of your team. That's your job. You have to teach them how to be good followers and team members.
It's Not About Hierarchy
Most of your team members are part of your entrepreneurial venture because they enjoy the absence of excessive structure and bureaucracy. Try to teach the art of following by enforcing a hierarchy, and you've taken the first step toward killing your company culture.Instead of explaining the org chart (trust me, everyone already knows it), help them understand the power of directing every team member's creativity, hard work, and determination toward a few key goals. Explain that it is your job to set that direction, monitor the course, and get them everything they need (money, people, resources, etc.) to move the organization toward its destination. Be sure to emphasize that their job is to accomplish the tasks along that path.
It's Not a Democracy or a True Meritocracy
Many entrepreneurs hold egalitarian management ideals. "The best idea wins!" we proclaim. Unfortunately, the best idea is not always practical or pragmatic. In that case, it falls to the leader (you) to squash it, which can inspire more than a little backlash from its most passionate supporters. So be careful in the expectations you set and assumptions you allow when canvassing your organization for good ideas.Additionally, remember that incentives aren't always aligned. Younger salaried employees have very different goals than do personally invested founders or executives whose compensation hinges on the performance of the business. Those incentives lead people to assess decisions very differently, and it may lead your people toward projects that are at odds with your goals.
You set a tone with your decision making style. Set the wrong tone and you'll either never make a decision or your employees will grow frustrated when their recommendations are overridden. Simply explain the major constraints (time, money, technology, etc.) and how the decision will be made (democratically, by a committee, by you with input from others). Once the decision is made, be sure to explain why that path was chosen. Transparency helps your team see how you're keeping the organization on track with the goals you’ve previously articulated.
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08:07
Executive Republic
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Though just starting a business and with people who has never followed someone or know what it takes to follow is a difficult task on its own and rule must be cautiously introduced. However, room must be created for rules later, and workers should be briefed and informed Of plans to use some bureaucratic rules later in the future because when the company gets to a level, it will need rules, hierarchy will be defined, promotion will be on merit and talent so workers must not be treated with the believe that things will continually and foreverly work that way.
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ReplyDeleteBy applying the theory of fredick wilson taylor, to establish scientific managerial theory i.e to state set out role of direction, provide resources, and drive decisions, will help the newer team members understand how they fit into that broader organizational picture. TAJUDEEN OLANREWAJU SHERIFF
ReplyDeleteTo my own understanding I think in tutoring people that you have any meet before you have to forget about using own Authority and there by implement the principle of Abraham maslow which involves the safetyneeds,self actualization,belongings and self esteem before he would now introduce is own theory or principle later
ReplyDeleteA good leader must be tolerance and understand his followers,he must be able to endure when it comes to time of difficulties...........TINUOYE ABIODUN
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ReplyDeleteA good leader must be tolerance and understand his followers,he must be able to endure when it comes to time of difficulties...........JEJE FATIMOH
ReplyDeleteA good leader must be tolerance and understand his followers,he must be able to endure when it comes to time of difficulties...........ALEEM SEMIAT
ReplyDeleteA good leader must be tolerance and understand his followers,he must be able to endure when it comes to time of difficulties...........AKINLAJA ADERONKE
ReplyDeleteA good leader must be tolerance and understand his followers,he must be able to endure when it comes to time of difficulties...........ADEBOWALE OLUWASEUNFUNMI
ReplyDeleteJob design,appraisal,sanction,and many more can be used for these sets if poeple.....Tosin Fadele
ReplyDeleteAs a leader who want to lead followers who have never follow. the leader must be very careful in introducing rules and regulation, and he must give a proper orientation ton the follower, give them a set and standard training, so that that they will the right from the left. Adeyemi Oluwasegun Daniel
ReplyDeleteAs a leader who want to lead followers who have never follow. the leader must be very careful in introducing rules and regulation, and he must give a proper orientation ton the follower, give them a set and standard training, so that that they will the right from the left AIYEDE PAUL
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