I have just read the latest blog post from @LisaPetrilli entitled “The Number One Thing CEOs Wish They’d Done Differently. “ I totally agree — in several previous roles I wish I had put talent first.
Hopefully I have learnt from my previous mistakes!
My business is currently in transition. We are moving from being a services delivery firm to a firm that is creating and reselling our own intellectual property. We see this move as critical for our long term stability and one that will provide significant, repeatable and scaleable growth for the company. The transition is painful in as much as it is affecting our short-term cash flow and profits. Such a change requires us to ensure our employees are completely aligned with the strategic goals and vision for the firm. We are finding that, by being open and honest in our internal communications, we have avoided sending the usual disruptive signals that Lisa alludes to in her blog post.
Clearly, time will tell if we are successful. We can, however, see light at the end of the tunnel and we hope to reach our success goals without seeing any staff attrition.