As a founder, you’ll most likely wear multiple hats in your first two years. Whether you’re managing a team of two or a team of five, your most important role is managing yourself and your team members. When was the last time you reviewed and assessed your managerial skills?
So many founders and co-founders I’ve worked with are good engineers, programmers, salespeople, lawyers, designers—individuals with high competency in their respective fields.
Yet many faltered when it came to managing others. I’ve known a CTO who preferred to code all day long and avoided team meetings as much as he could. There was a CEO / Co-Founder who talked over people and ignored sound advice. There was a CEO who took his managers to task publicly and got a kick out of humiliating them.
Randall J. Beck and Jim Harter recently wrote about, Why Good Managers are so Rare. Their Gallup research revealed that great managers have the following talents:
• They motivate every single employee to take action and engage them with a compelling mission and vision.
• They have the assertiveness to drive outcomes and the ability to overcome adversity and resistance.
• They create a culture of clear accountability.
• They build relationships that create trust, open dialogue, and full transparency.
• They make decisions that are based on productivity, not politics.
In my experience, good managers possess high competency in:
• Time management
• Relationship management
• Project management
• Stress management
• Crisis management
Good managers also:
• Are fair.
• Are empathetic and compassionate.
• Are forward thinkers who anticipate not just actions but also reactions and responses.
The first good manager you’ll need in your venture is you. Before starting a company, you’ll need to assess where are you highly competent, competent and where you will need to develop.
More about Why Good Managers Are Rare.
© 2014-2015 My-Tien Vo