Running in the right direction is more important than your speed, and you must learn that, as you work to fix market frictions. Yes, fixing the right business friction is more important than your speed of execution. Please watch this short video here also.
The setting was a primary school – kids were running athletics relay race. One child runs and passes the baton to the next person. One team was clearly winning – until the baton was handed over to the last kid in the team. Then problem started.
Instead of the kid continuing to run to the finish line [by maintaining the direction of the race], he ran the other way. In other words, he practically erased the progress made by the earlier runners.
As you watch the video, you will see the coach shouting at the kid to turn around, and run in the appropriate direction. Unfortunately, the kid did not hear him well. By then, the previously losing team had overtaken his team.
Have you communicated your vision to your entire team or are you the only one that knows it?
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