Tuesday, January 1, 2013

Leadership tips from Jim Collins


August Turak is a writer at Forbes, as well as an entrepreneur and inspirational speaker, and he’s got a great piece up about leadership tips that he learned from his mentor at A&E: Jim Collins.



These tips are ones that he remembered because they are eminently practical and easy to use.  According to Turak, Collins gave him these tips on a day when Turak was particularly overwhelmed by a project that he was working on.



The first tip that Turak discusses, is to never work on more than ten things at once.  Make a list of everything you have to do, then pare it down to ten things that you get your boss to sign off on.  Once you complete a task, go ahead and take a goal from your complete list and add it to the ten, but never work on more than ten things at a time.



The second biggest tip that Turak learned from Collins was to go ahead and let fires burn.  As he puts it, “lack of focus is the single biggest reason for failure. Confronted by multiple fires we tend to spread ourselves so thin that we never succeed in putting any of them completely out.”



Turak also suggests interviewing constantly, rather than when you only need people, and to move quickly when you do take a new job.  First impressions are incredibly important, and it’s always best to blow your new employer away.  He also suggests that if a job isn’t working out, if you are unhappy and don’t think that there is any way to change your circumstances then it’s important to find a new job as soon as possible rather than becoming more and more disgruntled and difficult to deal with.



But perhaps the best tip that Turak gleaned from Collins was that you shouldn’t ever procrastinate when firing someone.  Essentially, waiting to fire someone who isn’t working out it usually just prolongs the pain and ends up worse for everyone.  According to Collins, you interview twice and if that doesn’t work out then you let the person go.



It’s a good group of tips, and we recommend reading the entire piece by Turak over on Forbes.

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