The way managers are trained in management school is to run companies in modular design. You tell your direct reports what to do, and it's up to them to figure out how. But you don't get involved in the details of what they do. Hire great people for a project and let them do it. Do you guys know who said that to me once? Yep, Matt!! LOL.
It sounds good in theory, and perhaps even work in real world at sometimes. However, more often, you end up hiring 'fakers' or good people who turns into 'fakers' and they collectively run their part of the project to the ground, and the same happens to the other module. There goes your modular design!!
What would be your estimate on the percentage of people hired by companies are either fakers or turn into fakers?
50%
So if there are 161,434,000 people employed in the United States, you're saying that 80 million people are faking their jobs?
In white collar jobs. Yes.
Do you fake your job?
No. But I get the percentage from my workplace:)
Let me ask you back. What would be your perspective.
Haha, fair. So based on your workplace, your advice to Matt is to fire 50% of the Splinterlands team because they're fakers?
Personally I think Founder Mode is just another corporate buzz word that doesn't really mean anything. It's not practical. A founder should probably be an expert in the products, but should they really also be an expert in accounting? Or HR? Legal? Cybersecurity? Marketing?
Paul Graham says Founder Mode works better, but doesn't actually explain what Founder Mode is and gives absolutely no data to back up that claim... it just sounds silly to me. I think hiring is the most important activity in a company, and I think it's important for CEOs, etc, to occasionally meet with people of every level to get a good perspective, but I think ultimately the most important thing is to hire great people and trust that they know their area better than you do.
You got me wrong :)
Matt already is in founder mode and he did fire 50% of the employees.
Trouble is now what?
Founder mode and manager mode are not mutually exclusive. Reality is often complicated. It is the founder who need to figure it out.
There is no wise old man!