Three Skills Every Leader Needs To Have

Being a top business leader Here understands what it means to provide quality leadership. In his recent lecture, Hurd emphasises on what is required to be a valuable leader that create real impact. Hurd confessed there is a high tendency for people to overcomplicate the whole issue of leadership. He breaks leadership into three skills, thereby simplifying it for everyone to understand.

Get the Strategy Right

For a company leader to be able to provide resourceful leadership they need to establish the right strategy. The right strategy is needed to be able to confront the challenges in the market, drive innovation, introduce new products and inspire workers. He suggests that critical reasoning and a keen eye for detail should be applied by anyone who wants to create change and drive a company to greater heights.

Execute the Strategy

Once the strategy has been created the next thing is to find the people that will implement it. The Oracle CEO Mark Hurd believes that employees are the lifeline of every company and attracting the right talent will differentiate successful companies from those who will be at risk of losing their sanity. Executing a strategy also involves making the right decisions in every aspect of the business, as it is needed.

Put the Right People in the Right Place

Business leaders are required to develop a keen eye that gives them leverage on determining the kind of talent available and the best place to put them. It is not just about coming up with strategies but actually putting the right people in the right place, to be able to manage and execute it properly.

Becoming a business leader is not an easy task. Oracle CEO Mark Hurd believes that leaders should summarise their duty into three, which will involve coming up with a strategy executing the strategy and putting the right people in the right place.

 

$2 Billion Raised for Global Growth Fund by Sequoia Capital

According to filings received by SEC, View has raised nearly $4 billion in recent times. This money is for 4 funds but 50% of this money is for its own global growth fund. This money totaling $2billion has been earmarked for company’s 2nd global growth fund. Sequoia had not disclosed the size of this fund earlier. In addition, Sequoia has also raised money for its funds operating in countries like China and India.

 

The global growth fund has been named Sequoia Global Growth Fund II by the company. This fund was announced by the company back in 2015 though there was n statement about its size. More than 100 LP’s had come out in support of this fund from Sequoia.

 

China growth fund IV

In a filing with the SEC, Sequoia also announced raising of $899.5 million dollars for its fund called Sequoia Capital China Growth Fund IV. Backed by 110 LPs, this fund was announced by the company last year.

 

India fund grows in size

For India, the company announced its fund called Sequoia Capital India IV. Money raised for this fund totals $694.8 million and it is backed by 85 LPs. This fund has been around for the last 3 years.

 

US venture fund is still open

Another filing with SEC revealed that Sequoia raised $474.4 million dollars for 14th US Venture Fund. This fund has not grown in size over the years. But the fact that it has not been declared as closed by the company indicates that Sequoia hopes to raise more money for start ups in USA.

 

There was no official comment from the company on these filings with the SEC. Interestingly; the documents were signed not by Jim Goetz, who is the current manager, but by Doug Leon, the senior partner at Sequoia Capital.