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#297 - Mark Brooks - COO @ Permanent Equity - Managing, Serving, & Incentivizing People
The Fort - An Entrepreneurship Podcast
The Importance of Mentorship and Management
Distinguishing between a principal and a manager is crucial for organizational success. A principal is an expert in a specific field and serves as a mentor, focusing on depth of knowledge and educating the team. On the other hand, a manager excels in building relationships, identifying roadblocks, and helping team members develop new skills. Effective management involves more than just functional expertise. It is about understanding people's complexities, beyond their knowledge in a particular subject. Successful organizations recognize this difference, ensuring that subject matter experts serve as mentors while skilled managers focus on team dynamics and individual growth. Embracing the discomfort of having non-experts leading a team can unlock the value of good management, which lies in project management, fostering collaboration, and aligning individual strengths with business objectives.
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