newCFO

There’s a difference, a HUGE difference.

If you hire people with your same worldview, who share your visions, and your ethics, it’s no different than multiple people naturally pushing toward the same direction.  If instead the majority of people do not share the vision, worldview, and ethics, the pushing toward the envision direction can still happen, but requires:

• supervision
• management
• training
• . . . . .
• . . . . .
• . . . . .

All these initiatives are non-core, have a monetary cost associated with them, and require time.  In a business environment extremely transparent, where achieving corporate milestones is to be equated to a race against the competition, can you afford to waste time, money and resources when your more nimble competition does not, or does it to a lesser extent?

The choice of people that you make affects directly your P&L.

Reading: EXECUTION by Larry Bossidy, Ram Charan, Charlies Burck (the part about hiring is a MUST DO for everyone)