Status
Communication & Leadership
Alternative Phrasing
Source
Scott Galloway
"Publicly execute your bad idea your team knows that you've moved on" is a principle which emphasises transparency and communication within a team. When a leader makes a decision to abandon an idea or a strategy that proved to be ineffective, it's crucial that the team is informed about it. This principle suggests that the leader should not only inform the team about the decision, but should also explain the reasons behind it. This approach allows the team to understand the thought process of the leader, which in turn, promotes alignment and trust within the team. It also encourages the team to learn from these mistakes and reduces the risk of repeating them in the future.