May 30, 2018 - Vivo strengthens play in India's premium smartphone market

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Camille Fournier From the Editor's Desk

Entrepreneurial Gap- Camille Fournier
I recently came across a blog post that mentioned an intriguing concept, the "entrepreneurial gap." The idea is straightforward: give people more accountability than they have the direct resources to accomplish. In many organizations employees are generally held accountable only for things fully within their control. So while the CEO has both all the resources of the company and the ability to make decisions that cause major tradeoffs (sacrificing profit for growth, for example), a manager of a team is only given projects big enough for that team to accomplish and goals big enough for that team to meet. The entrepreneurial gap comes in when you give people bigger accountability than they have the direct ability to execute against. This is in many ways the classic startup move. You hire people and give them enough freedom to accomplish whatever they can manage to accomplish. Because early startup employees tend to be very entrepreneurial they often find a way to do just that, to gather support from other people in the organization and align efforts to produce outsized results. I think this is an important element of a growth business, something that inspires great people to work for a company, and produces a really fun culture to work in. But, there's a trap.

Continued here

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