What is the biggest mistake CEOs make?

One of the biggest mistakes CEOs make is related to hiring and scaling. As Reid Hoffman explains, CEOs often struggle with the cadence of hiring external senior roles while promoting from within. This is crucial for maintaining a balance between internal culture and bringing in fresh, diverse talent. Relying solely on internal promotions can lead to blind spots, while not promoting from within can cause cultural issues. CEOs need to find the right mix to adapt and scale effectively 1

CEO Hiring Mistakes

Reid Hoffman

Shane Parrish

Reid Hoffman discusses the most common mistake CEOs make when scaling their companies: not having the right cadence of hiring and not being willing to hire externally for senior roles. He emphasizes the importance of balancing internal promotions with external hires to avoid cultural misfunction and maximize diversity of experience.

The Knowledge Project

Reid Hoffman: Decision Making, Scaling Companies, & Leading Through Crises | TKP 147

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