Page 165 - Executive Warfare
P. 165

The People You Have to Motivate



                  Sometimes, you even have to make less-than-perfect decisions to keep
               all the diverse and competitive members of your team together. For exam-
               ple, I have put out financial products in my career that I thought might
               be slightly riskier than they should be.
               But it was important to have a product
               that the marketing people felt strongly      IF IT APPEARS THAT
               they could lead with.                        YOU MAKE ALL
                  On the other hand, there’d be times       YOUR DECISIONS
               when the people in another discipline        IN ONE
               would convince me that we were taking        DIRECTION—IF
               on too much risk, and I wouldn’t allow       THEY ARE ALWAYS
               a product to go out with certain fea-        MOTIVATED BY
               tures. At other times, I would put out a     SHORT-TERM
               product early, knowing full well that the    FINANCIAL GAIN,
               technology people were right when            OR BY EXTREME
               they told me that if we waited four          CAUTIOUSNESS ON
               more months, we could produce some-          THE LEGAL FRONT,
               thing better and more profitable. But I       OR BY NIFTY
               did it anyway because our sales force        TECHNOLOGY AT
               was about to abandon us if we didn’t         THE EXPENSE OF
               deliver something.                           ALL ELSE—YOU
                  As long as you don’t consistently         WILL NOT RISE.
               make decisions in favor of one disci-
               pline over another, you will be able to
               gather a strong, balanced team around you. Creating a diverse but loyal
               team is a way of proving to your superiors that you are not biased in
               favor of your own discipline and are capable of the broad outlook
               required for higher management. That’s watched very carefully from the
               top of the house.
                  If it appears that you make all your decisions in one direction—if they
               are always motivated by short-term financial gain, or by extreme cau-
               tiousness on the legal front, or by nifty technology at the expense of all



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