Big companies have trouble with innovation. Innovation is about bad ideas, or ideas that look like bad ideas. That's the fundamental thing.
Ben HorowitzRead
Look - this is the terror of being a founder & CEO. It is all your fault. Every decision, every person you hire, every dumb thing you buy or do - ultimately, you're at the end.
Interpretation
Being a founder and CEO comes with immense responsibility and accountability for every decision made.
In this quote, Ben Horowitz emphasizes the weight of leadership, particularly for founders and CEOs, highlighting that they are ultimately responsible for all outcomes in their organization. Every choice, whether positive or negative, reflects directly on the leadership, underscoring the reality that the burden of accountability lies firmly on their shoulders.
In practice
In a discussion about startup challenges, this quote can be used to illustrate the weight of leadership.
Big companies have trouble with innovation. Innovation is about bad ideas, or ideas that look like bad ideas. That's the fundamental thing.
As a company gets big, the information that informs decision-making gets massive. Depending upon the prism through which you view the business, your perspective will vary. If two people are in charge, this variance will cause conflict and delay.
You read these management books that say, 'These are the hard things about running a company.' But those aren't really the hard things. The hard things are when you have to layoff half your company, or you have to fire your best friend. Or you have to figure out a way not to go bankrupt.
Nobody knows how to be a CEO. It's something you have to learn. It's a very lonely job.
As long as people are clear on what they need to do and what's going on, you're very likely to succeed. When nobody is clear, then you're guaranteed to fail.
I emphasize to C.E.O.s, you have to have a story in the minds of the employees. It's hard to memorize objectives, but it's easy to remember a story.
The power of a person derives not from the office he occupies but from a clear sense of direction and aspiration and from a willingness to struggle for his ways and beliefs.
I am acutely aware that you have not elected me as your President by your ballots, so I ask you to confirm me with your prayers.
Never boss people around. It's more important to click with people than to click the shutter.
A leader must identify himself with the group, must back up the group, even at the risk of displeasing superiors. He must believe that the group wants from him a sense of approval. If this feeling prevails, production, discipline, morale will be high, and in return, you can demand the cooperation to promote the goals of the community.
Managers are trained to make incremental, programmatic improvements. They aren't trained to lead large-scale change.
Ten strong horses could not pull an empty baby carriage if they worked independently of each other.
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