Page 114 - Harvard Business Review (November-December, 2017)
P. 114

Start-ups have no clear hierarchies                                   who’s always looking to solve a problem,
           or paths to advancement. But from their                                 make the solution more efficient, make it
           embryonic stages through more-mature                                    repeatable, and keep iterating from there.
           ones, they need good managers to create                                   Think like an owner. Working at a
           and effectively run departments such as                                 start-up, you’re expected to become
           marketing, product development, and                                     emotionally invested. The sense of
           sales. And one can accrue numerous                                      mission and adventure is greater than
           personal and professional rewards working                               at a traditional organization, and your
           for these young organizations. In nearly                                efforts are clearly and directly linked to
           every interview I’ve conducted with                                     the value and success of the enterprise.
           start-up joiners, they have emphasized how                              You must therefore be someone who
           much they value the autonomy, creativity,                               can care deeply about not just your own
           and growth they experience in their jobs—                               work but all aspects of your company. My
           all elements critical to fulfillment.                                   dad’s measure of employee commitment
             So it’s important for those in business—                              involved a hypothetical staple on the
           from newly minted MBAs and junior                                       rug near the front desk of his company:
           executives to seasoned leaders—to better                                He wanted people who, no matter their
           understand how these companies operate,                                 position, would stop, pick up the staple,
           to envision how they themselves might                                   and throw it out. At a big company you
           contribute, and, if the situation feels right,                          might walk past thinking, Someone else—the
           to make the leap.                                                       cleaners—will get it. But not at a start-up. In
                                                                                   an entrepreneurial organization everyone
                                                                                   must think like an owner, always asking,
           ASSESSING YOUR FIT                                                      “What can I personally do to make this
           To work at a start-up, you’ll need to do                                place even more awesome?”
           three things you might not have learned
           in school or in jobs at larger companies:
           manage uncertainty, push the limits, and                                PICKING THE RIGHT COMPANY
           think like an owner.                                                    If you feel that you’re right for a start-up, you
             Manage uncertainty. Start-ups                                         next have to choose the right company for
           represent giant experiments. Every                                      you. My advice is to approach this important
           initiative is new. One hypothesis after                                 decision methodically, in four steps.
           another is being tested. Titles, functional                               Pick a domain. First, find a field
           boundaries, roles, and responsibilities                                 you’re passionate about. This means
           are often fluid. The team works as one,                                 asking yourself a series of questions:
           inventing, creating, moving toward                                      “Do I prefer a business that focuses on
           shifting goals—all while working without                                consumers or on businesses? What kind
           a playbook. Given this organizational                                   of customers would I like to serve? Which
           dynamism, which continues even through                                  brands do I admire the most? What are
           the later stages, anyone working for a   START-UPS REPRESENT            my favorite websites, apps, or subjects to
           start-up has to be comfortable with large                               read about?” These questions can force
           doses of ambiguity and uncertainty.  GIANT EXPERIMENTS.                 you to think very tangibly. For example,
             Push the limits. My father was an
           entrepreneur, and I remember that whenever  EVERY INITIATIVE IS NEW.    if TripAdvisor is your favorite app, you
                                                                                   clearly love to travel and should perhaps
           he was confronted with an obstacle—                                     look for a start-up in that sector. When
           having to stand in a long line at a popular   SO ANYONE WORKING         you’re reading a newspaper, a website,
           museum, for example—he would look for   FOR ONE HAS TO                  or a magazine, which stories do you read
           a way around it, not by cutting in line but                             immediately and thoroughly? If you tend
           by testing assumptions. “Can’t we design   BE COMFORTABLE               to skip past headlines about, say, the media
           a more efficient system?” he would ask.                                 business, you shouldn’t join a new online
           “How can we get around this obstacle and   WITH LARGE DOSES             video service. If you dive into stories
           speed things up?” This tendency to actively                             about autonomous vehicles or virtual and
           question rather than passively settle is key  OF AMBIGUITY              augmented reality because you find the
           to success at a start-up. If you want to work                           subjects intellectually stimulating, narrow
           for one, you should be the sort of person   AND UNCERTAINTY.            your focus to those domains. I suggest



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