Aspire to be a CEO: Don’t build empires and fiefdoms.

Another big myth from practicing managers is that they think that the biggest budget and the most people reporting to them is a guarantee to get them to the top. This probably was true in the days of kings not in today’s flat world.  Today, it is all (only) about doing more with less.
Do more – Grow revenue, profits, marketshare – with less people, money and resources.
A few cardinal rules

  • never complain that you are expected to do more than what your budget enables
  • do not be that manager who is constantly hiring people
  • never use lack of resource as an excuse

Forget the empire. Power and promotions go to people who can do more with less. Efficient producers not resource hungry administrators.

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