He's Just What I Expected...A First-Time CEO

It must be because I was, and continue to be, open about my political views and the switch I made from being a person who always voted with the Republicans, to becoming a person who votes for who I believe will be the best at the job at the time and that being now a Democratic President, that I get asked a lot openly, and privately; "What do you think of the job President Obama is doing?" From my Republican friends they are looking for ways for me to defend what they disagree with and trying to get a few, "I told you so's in". I am cool with that and I totally get where they are coming from. From the staunch Democrats, they don't ask the question. But, mostly,the question comes from people like me who made the switch and are now wondering if they made the right decision. They see the popular opinion moving away from the President, they see an aggressive and overwhelming agenda, they see worse than ever partisanship and arrogance from those on the winning and losing side of an argument, they see retiring Senators and Congressmen switching parties causing a loss in the power seats necessary to make change, they see unprecedented levels of spending and debt. And, they wonder, did I make the right choice? Let me be honest and open about it, "I wonder too".

However, I also believe that we are seeing the results of exactly what I expected President Obama to be. We are seeing the actions and results of a first time CEO. Long ago I wrote that a Senator becoming President is like asking the General Counsel to be CEO. They have a sense of what the job could be and they have been around CEOs a long time, but they have never sat in the chair and when they do, as a first time CEO, they will make first time CEO mistakes. That doesn't make them bad and it doesn't mean that they won't become great CEOs, but they need time to learn. The same is true of President Obama. The man I voted for to be President I knew did not have the experience to do the job. Instead I voted for him because I believed he had the vision, the conviction, the work-ethic and the potential to be great and I still believe that. However, the rookie CEO moves are evident:

Taking on to many things at once: The hardest thing to do as a CEO is to say no to an idea or an objective. You have to be willing to let somethings go to focus on the most important. The President said his agenda would be the economy, education, alternative energy and the war. He needs to get back to doing one significant thing in each area and let the rest go by the wayside.

Not knowing who the right people are on your team: This happens to first time CEO's...every time. The people you put on your team the first go around are not as good as they need to be and you default into what you know and don't know how to hire those who can do things that you don't know. There are different people for different stages of a company and the people who got your there are seldom the people who can get you to the next level. That is why first time CEOs need a great board or venture capitalist who can fill in around them. It feels like the President has not surrounded himself with the right people for the job and he is depending on the people who got him there, not the people who can take him to the next level.

Getting ahead of yourself: A little success and momentum is a dangerous things for a first-time CEO because you tend to get up on that wave and ride it like there is no tomorrow and if there are some accolades that come with it, you lean into that wave to try and go even faster. Unfortunately, waves ridden too long end up on the beach. Using the 60 vote power in the Senate as the leverage versus finding real consensus among the parties is not a good thing and I think the President may be riding that wave too long because the wave is going to go away next year and he will need then to have a different way of getting things done. If he doesn't start that now, then nothing will get done after the 60 votes are gone. This goes back to needing change in leadership around him. He needs to think long and hard about whether the speaker of the house and the Senate leader can lead in a way that gets things done without having all the leverage.

Hanging on to the wrong people too long: If you were the one that hired 'em, it's really hard to get rid of them and first time CEOs hang on too long to people who need to go. We can see this in the President's cabinet. It's time for some to go. Mistakes are mistakes but lack of results can't be ignored and in his case with only four years to govern, he can't afford to hesitate. Great CEOs are always upgrading their teams. I have ideas on who should be replaced, if anyone is interested.

You spend too much money: It's predictable like the sun coming up; first time CEOs when given a pot of money, spend it and because it is there, it gets gobbled up quickly. I like to tell first time CEOs who are raising money that the smartest thing they can do is only take the money they need, not the money they want. I remind them that we are Americans. We eat all the food that is put on the plate in front of us. First time, and lots of other CEOs, do the same with their budgets. The President is eating all of the food and more right now and needs to show that he can also enforce fiscal discipline. If he doesn't do this, I think this will be the Achilles heel for him in 2012.

All this said, I believe we have a leader who is doing the good things that you want a first-time CEO to do as well;

He is visionary.

He is working extremely hard.

He is great with externals...in his case other leaders around the world.

He takes accountability.

He is learning.

He is smart. I am impressed by the way that he allows things to start to the left and then through time and conversation they come back more to the middle. I'm not sure how he does this, or if it is really him, but this continues to happen and that is good for him and the country.

So, we have three more years to find out just how good of a CEO he can be. For all of the people who would throw him out now, I only ask you to think about the first time you were in a new job that was above you and you were learning your way...aren't you glad that someone else helped you along and saw your potential, versus just getting rid of you immediately?

My hope and daily prayer for our President is that he matures, learns and wises faster than humanly possible to become the great leader and CEO of our country that we need. And by the way, that will be my same hope and prayer for the next President, whoever he/she may be.