Monday, March 30, 2009

Conviction is for fools

@Lu

I would personally have asked the interviewer more about the situation. As a leader, your job isn't to do your own thing but to value the ideas of your subordinates. With that in mind, you should have drawn from your economics background and suggested a cost benefit analysis that considered the NPV of both projects in respect with risk and profit. Of course, not all decisions have direct profits and risks but if you and your team can work together to develop a model to value the proposed actions, everyone would be satisfied in the end.

@Soy

While it is important to maintain a position of power, using your own course of action and disregarding the other three is already a huge fault. Many times, a leader is not necessarily the most qualified in whichever subject they are working on. If you have faith in your team, its probably more likely that their solutions to any particular problem is stronger than yours. However, good leaders have the ability to value both human capital and courses of action.
With each course of action, a leader has to not only account for maintaining their position of leadership but what is best for the company. Many times, what is best for the company extends above profits and risks and includes things such as image, appeasing your team, and how they might develop because of any particular course of action

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