Stop Wasting Money On New Initiatives

Abstract

Trace3 had just grown from $110M to $186M in one year. From the outside, we looked like a wildly successful company. The problem was that if you walked into an executive meeting, it felt a bit like a Kardashian reality show. I would get on a whiteboard and pontificate, a few brave souls would disagree with me, and when they did I would very often end up talking over them and getting my way. There was fighting, but it wasn’t healthy. To compensate for how overbearing I was, there were cliques formed and people were having “meetings after the meeting” to vent their frustration to each other. Sadly, there was very little honest communication.