Managing debt: Organisational debt

Having debts is not good or bad

  • Do we get enough revenue from that debt? If we don’t … we will just be poorer
  • Do we pay it back? If we don’t, we will lose the house, and/or interests… and we may be chased by the people we owe money to…
  • Are we assuming too much? If we do, our credit rating will go down, and no one will trust us anymore…

Organisational Debt

  • Attrition, burn out people staying, difficult to find candidates
  • Extra hours becoming normal
  • Bussy work. Unclear why… but let’s do … stuff
  • No decission… wait and see (and usually it is you the one waiting while other implicit decisions are being made)
  • One-2-one meetings (or crowded, but single direction) becoming paramount… no team goals / behaviours. Hence knowledge is reduced, and cascades with multiple visions
  • You are not challenged. You shape your team to your convenience, and of course you are always right and good…
  • Things are so complex here, can’t be changed
  • No (real) progress to people’s appetittes
  • Changing things are so slow and expensive because things are so complex here
  1. Let’s ensure it is visible and recognised. Easier said than done, but let’s start verbalising and recognising we are assuming that debt consciously)
  2. Let’s ensure we manage it (i.e. we are clear what is it we are trading, we pay it back). The interests on this type of debt are extremely high.

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