Currently an executive at InvenSense, a Silicon Valley-based technology company, Ali Foughi is respected for his business acumen. He share his experience in this 5-part series.
4. Communication – Everyone agrees that communication is important in all aspects of life: at home, between friends, and certainly at work. Carving out time to communicate with the greater team is critical to their success. Team members need to understand the big picture, short and long term plans, the team’s progress over the past three months, the key issues they need to focus on over the next three months, and required contributions by each team member toward the overall objectives. Clear and frequent communication helps to focus the team and earn their trust and loyalty. Executives who are less than honest or put spins on corporate actions, will lose credibility and, with that, their ability to lead.
5. Consider the question: What problem are you solving? – Mr. Foughi believes the fastest path to an effective solution starts by asking a simple question, “What problem are we trying to solve?” It is amazing how people have a difficult time articulating a concise answer to this question. The most effective people ask this question often and focus their efforts on turning the problem into an opportunity to solve a fundamental need or otherwise referred to as a problem. The more fundamental the problem, the more disruptive the solution has the potential to be.
6. Eliminating Busy Work – Ali Foughi learned quickly that reading emails and getting sucked into tactical work can take up the entire day, but allow you to accomplish little else. If you are receiving 100 or more emails per day, be selective and choose the most important ones (customers, CEO, anything that gates a project, etc). Read, make a decision, and act on it. Your highest priority is to accomplish significant and strategic results. Don’t let yourself get distracted and diluted.