Date post: | 10-Apr-2017 |
Category: |
Business |
Upload: | mars-discovery-district |
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How will you lead?
Mic BermanAdvisor, Embedded COO, Coach
@micbermanwww.michalberman.com
Caveat - based on my journey and learning● MBA● Eng: no formal
training; Built my own
● Startups since 1999● USA; EU; Africa
Know thyself - how will you model leadership! ● What are you
exceptional, good and bad at?
● What do you value?● What’s your management
style?● Personality test or two?● Watch out for your own
biases - hire more women and/or people that don’t look like you!
Not doing this will result in wrong hires and churn
Build your bench strength● Expertise + people leaders
- these are also different things
● Surround yourself with great coaches, advisors, mentors and board members - these are different things
● Build alignment early and often - this is a practice that never goes away
● Build great teams (Kevin’s talk)
FreshBooks
Not doing this results in lost money time and talent
6 things you must do to ensure your success1. Be a strong leader● High performance
aspirations● Demanding/ ’
unreasonable’● Effective at top
(alignment; focus)● Ability to operate
at all levels of business
● Healthy attitude to failure
● Pursue your Vision relentlessly
● Highly motivating/ inspiring end-state or mission driven
● Passionate defenders - take care of people they will take care of your customers who will take care of your business
● Product-market focus in lean way
● Drive a strong culture (of excellence)
● Real follow-through of accountability - esp at and from ‘top’
● Great places to work, exemplify leaders values
● Only top performance rules○ Execute on
extraordinary experiences everyday
Source: adapation of ‘Alchemy of Growth’ Mehrdad Baghai and my experience
Attributes of great startups; don’t do them at your peril
2. 3.
● Align Product- Marketing- Engineering
● Instrument your app● Common vision; No ego
- just what works; No silo’s
● Share goals and focus eg councils
● Regular meetings on results, learning and future
● Healthy attitude to failure
● Lean product-market focus; lean analytics
● Create people systems● CEO is also Chief
People Officer; involved, cares and shapes
● Clear focus on performance and motivation
● CEO-led annual “staffing review” – best people/teams in most critical, demanding jobs
● “Bench strength”a top priority
6 attributes of high performance startups● Prepare to scale● Simple thoughtful
organizational design to support decision and communication flows
● Do many things well, and at least one functional skill at world class level – underpins strategy
● Clear focus on performance and motivation
Source: adapation of ‘Alchemy of Growth’ Mehrdad Baghai and my experience
5.4. 6.
Go forth and prosper@micberman
Michalberman.com