LinkedIn: When the party ends–MIT Leadership Center director discusses recent IPO

MIT Sloan Prof. Deborah Ancona

From the Washington Post

LinkedIn’s recent IPO is generating tremendous buzz in the world of high-tech and the financial markets. Doubling your stock price doesn’t happen every day, so company euphoria is completely understandable. In fact, passing around the champagne and caviar is a good thing. Company employees should be able to party when good news abounds; celebrating success helps build morale and team cohesion. It also lays the groundwork for accelerating the momentum on existing projects. High energy and positive emotions are catching, so right now the whole company is probably motivated to go. The leaders at LinkedIn should encourage the revelry, mark this key event in the history of the firm and pick up the party tab.

Read the full post at On Leadership

Deborah Ancona is the Seley Distinguished Professor of Management at the MIT Sloan School of Management and the faculty director of the MIT Leadership Center

 

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