People Strategy Playbook
Timely insights and actionable people strategies for growth equity firms and the leaders of their portfolio companies.
The Growth Journey of a Founder CEO: “The Shadow of a Leader”
In the early stages of a company, Founder CEOs are closer to peers than bosses. Everyone is working around the clock to make the business work. Relationships are often personal and somewhat informal.
Navigating the Leadership Maze: A Guide for First-Time Managers (Part 2)
In our previous blog, we discussed three of the common challenges new leaders face: (1) Communicating with your team in a way that boosts engagement and productivity; (2) Delegating effectively; (3) Managing your time. In this blog, we are continuing our conversation.
Navigating the Leadership Maze: Tips for Struggling Middle Managers
We Over the past two years, I have seen a dramatic rise in the number of middle managers seeking coaching because they are overwhelmed and uncertain of how to effectively manage their teams. They are putting pressure on themselves, but they are also feeling dissatisfaction from their team and their senior leaders.
Applying the Growth Gauntlet
We created The Growth Gauntlet to help leaders build high performing and sustainable organizations. The framework charts the evolution of our Six Imperatives: Sharpen Focus, Calibrate Culture, Strengthen Leadership, Elevate Talent, Align Structure and Amplify Communication across four Stages of High Growth: Emerge, Operationalize, Grow, Explore & Expand. Over the years we have used this framework to guide investors and leaders in their growth journeys. Read more to learn a few of the ways that we have used the framework.
Amplifying Communication
Communication is the lifeblood of every company. It determines how aligned, productive, and healthy the company is. Communication provides and circulates the information needed for an organization to function, and areas where communication does not flow are inhibited from contributing. Effective communication channels can foster trust, relationships, innovation, and alignment. Open and candid communication can also help you successfully navigate unexpected challenges and take advantage of new opportunities.
Aligning Structure
“Structure follows strategy” is my mantra. Organizational structures, processes and systems exist to help you achieve your strategy. They provide clarity of roles and boundaries between functions. Processes are designed to advance work through the organization and push it out to clients/customers. Systems help us to track and measure progress so that we can optimize performance.
Three Ways to Elevate Talent
Your organization can’t outperform its talent. As you grow and your organization becomes more complex, it becomes necessary to level up your talent. Current employees may need to step up into new responsibilities and new hires with different skills will be required. There are essentially three ways to elevate your team.
Strengthening Leadership
An organization can’t outscale its leadership. Leaders are the load-bearing walls of a building. They are the infrastructure – and, as with construction, you can only scale to the size your infrastructure will support. As an organization grows, it must constantly strengthen its leadership infrastructure to support more growth.
Talent Development Is a State of Mind
Years ago, McKinsey popularized the phrase “The War for Talent,” and warned that the companies who were best at acquiring and developing high quality talent would be the most successful. Fortune 100 companies answered the call, as did many companies in Silicon Valley, where there was an urgent need to stay on the cutting edge.