How do you cure a rotten corporate culture? At the startup Chanje, it started with losing almost everything—including most of the staff.
Things were not going well for Chanje. The L.A.–based electric truck startup was rife with drama. Key positions were going unfilled, and the company was struggling to work with engineering partners in Hong Kong. All this forced founder Bryan Hansel, who already had one problematic startup behind him, to face a painful truth.
“I had a personal coach, and he said, ‘Every CEO gets the exact company they deserve,’ ” Hansel recalls.
The trouble, they decided, was Hansel’s management taking a long overdue look at “Superman.” “If something bad happened, I showed up in front of the room with all the answers,” he says.
This was not exactly empowering to his employees, who admired his energy but never had the chance to own a process, or a win. It suppressed any initiative they might have taken and gummed up the decision-making process.
This story is from the July 2018 edition of Entrepreneur magazine.
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This story is from the July 2018 edition of Entrepreneur magazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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