From Management.fortune.cnn.com by CEO Paul Greenberg | February 6, 2013
It is often said that CEOs and bosses should not micromanage. However, when you delegate, you keep the one delegated on a long lease. As you train an understudy, you tell him the goal/the what, but he must propose the how/the process.
There is a story by Paul Greenberg who stepped in subordinate to do the presentation when the latter seemed anxious or unsure before the presentation. He learned later that the subordinate was resentful.
What should the CEO do instead:
l. Create strategy;
2. Communicate the strategy;
3. Hire the right people:
4. Put financing in place so that the company has resources for its activities/resources
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