President's Reflections---27 Entrepreneurs Tell Their Own Entrepreneurial Experiences: 27 Entrepreneurs Tell Their Own Entrepreneurial Experiences

Author: He Zi Yi
Publisher:
Publish Date: 2003-10-01
Features: CEOs generally have to do two things in a company: first, to formulate strategy and design tactical steps to implement it. The second is to lead the team well, ensuring they have the capability to execute according to the strategic goals. If these two things are done well, the company can develop in a positive direction. However, before doing these two things, there is something even more important to be addressed—building the team. A company must have a strong leadership team; otherwise, even if you assign tasks, the people below may not follow your instructions. With a good team, collective wisdom can be harnessed, and at the same time, it also imposes checks on the hands. Without a good team, you cannot formulate sound strategy or lead the team effectively, so the leadership team is actually critical. CEOs generally have to do two things in a company: first, to formulate strategy and design tactical steps to implement it. The second is to lead the team well, ensuring they have the capability to execute according to the strategic goals. If these two things are done well, the company can develop in a positive direction. However, before doing these two things, there is something even more important to be addressed—building the team. A company must have a strong leadership team; otherwise, even if you assign tasks, the people below may not follow your instructions. With a good team, collective wisdom can be harnessed, and at the same time, it also imposes checks on the hands. Without a good team, you cannot formulate sound strategy or lead the team effectively, so the leadership team is actually critical.