April 20th, 2009

LEAN & MEAN – NO DECISION BY COMMITTEE

In the last few weeks, I’ve noticed that entrepreneurs and small- to mid-sized businesses are making a lot fewer decisions by committee.  Wreckage from layoffs has pushed lean, mean, smart business people to stand up and take more responsibility for the activities in their companies (no government bailouts there).

Even amongst our clients with up to 100 employees, CEOs are much more involved in smaller issues and are making each and every decision.  These CEOs are taking on a greater share of responsibility, making direct, quick decisions that they would never have made a year ago.  Yes, companies are smaller, but they also realize that decision by committee is too cumbersome in these uncertain, fast-moving times. CEOs are leading, for better or for worse.

One of the people I respect most in the world said to me today that new horses will begin to emerge from the economic rubble – people ready to lead, because the old guard is tired and beat up from the last few months, which have been very tough on all of us.  The new horses will emerge and lead.  I think we are starting to see the inkling of those horses.

Ronn Torossian

5WPR

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