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November 28, 2022
Raise your standards, pick up the pace, sharpen your focus, and align your people. You don't need to bring in reams of consultants to examine everything that is going on. What you need on day one is to ratchet up expectations, energy, urgency, and intensity.
I've also been a venture capitalist, a board member, and a corporate executive, but no experience in business compares to being CEO. I love being fully accountable for a company's leadership, strategy, culture, and execution in an ultra‐competitive marketplace.
Things can go bad very quickly in an organization when the leadership team is weak or gets distracted. Human nature being what it is, many people will slow their output to a glacial pace and adopt “good enough” as their standard. Without focused leadership, millions of conflicting priorities compete with each other. Then the best people in the organization get frustrated and start to leave, as talent and energy go untapped and dormant.
No offense to my VC friends, but they often think that their investments give them the right to lecture entrepreneurs at board meetings, even though many VCs have never been in the combat seat themselves. Having seen things done is not the same as doing them.
So let's start with an overview of the five key steps in the Amp It Up process: raise your standards, align your people, sharpen your focus, pick up the pace, and transform your strategy.
The late Steve Jobs was only inspired by “insanely great” things. He set a high bar for seemingly everything, and anything that didn't meet his standards was summarily rejected. Try applying “insanely great” as a standard on a daily basis and see how far you get. People lower their standards in an effort to move things along and get things off their desks. Don't do it. Fight that impulse every step of the way. It doesn't take much more mental energy to raise standards. Don't let malaise set in. Bust it up. Raising the bar is energizing by itself. Instead of telling people what I think of a
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Another source of misalignment is management by objectives (MBO), which I have eliminated at every company I've joined in the last 20 years. MBO causes employees to act as if they are running their own show. Because they get compensated on their personal metrics, it's next to impossible to pull them off projects. They will start negotiating with you for relief. That's not alignment, that's every man for himself. If you need MBO to get people to do their job, you may have the wrong people, the wrong managers, or both.
Leaders can do two things that bring almost instant benefit. First, think about execution more sequentially than in parallel. Work on fewer things at the same time, and prioritize hard. Even if you're not sure about ranking priorities, do it anyway. The process alone will be enlightening. Figure out what matters most, what matters less, and what matters not at all. Otherwise your people will disagree about what's important. The questions you should ask constantly: What are we not going to do? What are the consequences of not doing something? Get in the habit of constantly prioritizing and
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Most people have a relatively easy time coming up with their top three priorities. Just ask them. As an exercise I often ask: if you can only do one thing for the rest of the year, and nothing else, what would it be and why? People struggle with this question because it is easy to be wrong, which is exactly the point. If we are wrong, resources are misallocated. That's concerning. But we avoid these pointed dialogs because it is easier to list five or ten priorities. The right ones may not even be buried in there somewhere.
“Priority” should ideally only be used as a singular word. The moment you have many prioriti...
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Leaders set the pace. People sometimes ask to get back to me in a week, and I ask, why not tomorrow or the next day? Start compressing cycle times. We can move so much quicker if we just change the mindset. Once the cadence changes, everybody moves quicker, and new energy and urgency will be everywhere. Good performers crave a culture of energy. It's not a one‐time thing; it's not an email or a memo. It's using every encounter, meeting, and opportunity to increase the pace of whatever is going on. Apply pressure. Be impatient. Patience may be a virtue, but in business it can signal a lack of
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