I recently had a long chat with CoaLogix's entertaining & insightful CEO, Bill McMahon. CoaLogix is a Charlotte-based company whose solutions decrease polluting emissions from coal-powered plants.
Here's what Bill feels are the key ingredients for success in leadership roles:
"1. Experience. You have to have it or you have to get it. In my case, I didn’t have the experience but I had friends who did.
"2. Trust. The management team must trust each other and your customers must trust you.
"3. Open communication. We have a saying here that we stab you in the front. If there’s...