Augment.org — three takeaways from the Eric Ries fireside: 'Don't rely on trust where you could build a system'
Augment.org is an online business school. Its weekly LinkedIn recap listed three takeaways from a fireside chat with Eric, all about protecting a mission as a company grows and incentives multiply.
“Three takeaways that stuck with us: Success can pull a company away from its mission. The mission is easy to protect when everyone is aligned, but the real test comes as you add investors, executives, board members, and competing incentives. It's always too early until it's too late. The governance decisions that protect what makes your company special are easiest to postpone when things are going well, and hardest to make once you've accumulated investors, boards, and bankers. Don't rely on trust where you could build a system. If you care about mission alignment, treat it like financial performance: hire for it, train for it, build controls around it, audit it, and make sure it factors into decision making.” — Augment.org weekly recap on LinkedIn