Ben Horowitz highlights that while management advice often centers on basic skills, leaders falter when facing emotionally charged decisions. These include difficult actions like firing a friend or reorganizing teams. Avoidance of these challenges leads to 'management debt', where unresolved issues accumulate and degrade organizational health. Horowitz emphasizes the importance of confronting fears head-on, suggesting that leaders should not shy away from difficult decisions, but rather tackle them directly to prevent long-term repercussions.
'Management debt' is what happens when you don't do what you're supposed to. And accruing a lot of management debt has a cascading effect that can create a total degradation of your organization.
As a leader, you're much better off running at your fear than running away from your fear because it's going to chase you down.
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