As a company grows, so must a Founder’s day-to-day approach managing employees. At first, a CEO will find his/herself a functional manager. Then, at some point in the company’s growth, he/she must make the challenging transition to a strategic CEO who doesn’t have time to coach his/her managers. This means the right executives must be ready to hit the ground running as a world class addition to the company without great oversight. This Recode article describes why and how to hire and foster the right executive team.
- The difference between a functional manager and a CEO.
- Why a CEO must not spend time developing an executive’s skill set.
- How a CEO should help executives succeed.