Tag: Bureaucracy

Inefficient bureaucracy stems from leaders who overvalue execution and undervalue ideation, or push unvetted ideas.Leaders don’t have to be great at ideation; they just need to employ people who are and let them strip out waste.When Tesla was on the verge of bankruptcy in 2008/2009, Elon Musk didn’t save the company by grabbing an impact wrench and help speed up production. Elon Musk wouldn’t excel in an assembly line; he’s a idea person more than an executor. He saved it by coming up with ideas to decrease costs and get funding, and then telling JB Straubel and his team to…