Responsibilities shouldered by the Chief Executive Officer (a.k.a.: CEO, Managing Partner, Managing Director, or Executive Director) of a successful venture increase with growth in scale and complexity. The tension between the need to get things done, get others to do things, bridge the “white space” between organization units, and to represent the organization externally (e.g. to customers, investors, partners, suppliers, etc.) eventually reaches a breaking point.
Most, especially first time CEOs, get the idea to install a Chief Operating Officer (COO) as it seems an obvious way to spread the workload and ease the burden.
Continue reading Alternatives to a COO.
Most of us seek in our professional affiliation what some call a state of flow or what others call happiness, exhilaration, satisfaction, or leading a fulfilled life. Along these lines see: Flow: The Psychology of Optimal Experience by Mihaly Csikszentmihalyi and The Doom Loop System by my long time personal executive coach Dr. Dory Hollander who passed away last year and who also told me and others that the secret to a fulfilled life could be summarized in just four words (which are shared at the end of this post!).
Continue reading How to increase the odds of being happy and of leading a fulfilled life.