The problem with business trends is that when one gets hot, everyone moves toward it like moths to a light. How long does it take us to learn that a good recipe for success requires lots of ingredients. If you put too much of one item in, the short term might look fantastic but over time, the imbalance will cause failure.
Fast Company has a great piece about CEO's and the importance of being able to offer both strategy and a good management style to lead their companies to success. Consider this excerpt:
"Boards are increasingly looking for CEOs who can demonstrate superb people skills in dealing with employees or other stakeholders while delivering consistent results. "I think leadership is more important than strategy, and I say that as a former McKinsey guy," says James Citrin, senior director at executive search firm Spencer Stuart, who has placed such high-profile CEOs as Terry Semel at Yahoo and Ed Zander at Motorola. "Strategy is important, but the same strategy executed by two different leaders will have dramatically different results."
I couldn't agree more. Folks at our company hear me say it all the time. Success in our business has two key ingredients: ideas and relationships. A great idea poorly communicated and executed is no longer a great idea. Likewise, a mediocre idea communicated and executed perfectly can only yield mediocre results.
What do you think?
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