Richard Branson on management:
I devote most of my time to activities like The Elders [A South-African NGO], but I make it a point to take care of things that are important to Virgin, like hiring its key executives. I interviewed Josh Bayliss, the Group’s CEO, in the back seat of my car while waiting in a traffic jam that lasted almost two hours. Now, he makes money so I can spend it. Learning to delegate is vital in business. You have to be willing to let people do good things and let make them mistakes…
I think that criticising people is counter-productive. A good leader is someone who praises a person for his or her best efforts, not someone who criticises. People know when they make mistakes. Of course, sometimes I just can’t resist and end up saying something, but never more than once. The secret of success is finding good people.
via Richard Branson Explains Why He Is The Opposite Of Steve Jobs.







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