Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

A CEO only has to be right 51% of the time to be successful.


That really depends.


Sure, my statement is merely metaphorically true. It's meant to communicate the point that the CEO must optimize for being right enough frequently enough to be successful. Competition surely drives whatever that number is up, and good managers surely listen to the ideas from their line workers. And they must mentally triage ideas to be worth considering more deeply. The best managers credit the line workers and encourage more idea sharing. But the manager must do the triage, and the manager must ignore ideas that don't pass the bar, and the manager must empower only those that have a track record of producing good ideas and not the others.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: