I am the new CEO of an asset management firm. I am concerned that my executive team is not up to speed and I am nervous about delegating to them.
They are all super talented, bright and experienced. The problem is the former CEO was a micromanager who was punitive when people asked for help. Now I need to change the culture in the group to make sure people ask me for help before they dig themselves in too deep.
I have told them to feel free to come to me if they have doubts, but they don’t—and then there is a mess to clean up.
This is a critical juncture. The eyes of every board member are on us. But I am traveling too much and doing work my team should be doing because I don’t trust them not to screw things up.
I know I have…
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