Lessons for Startups

David Beisel writes about seven lessons. Among them:

“Input not consensus.” Scott K. While many have different views on management styles, I favor decision-making processes being inclusive to all parties who deserve to share their opinion, but having the ultimate decision made by a single person who is ultimately responsible for it. The problem with true consensus thinking isnt that good decisions dont come out of it, but rather that its unclear when final decisions are made. Startup situations arent the right place for muddled thinking or unclear directives. Once a decision has been made, owners of responsibility must immediately run off and execute. Although many extremely successful organizations were built on consensus-driven cultures, my opinion is that there isnt time for it in a startup – but there is absolutely time for everyones input.

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Rajesh Jain

An Entrepreneur based in Mumbai, India.