Ep.255: Alex (@aebridgeman) is joined by Savneet Singh (@SavneetS).
In this episode, I sit down with Savneet Singh, CEO of PAR Technology, to explore the interplay between urgency, culture, and leadership in building a successful public company. We discuss how Savneet has embedded a sense of urgency as a core value at PAR and how it drives decision-making, team alignment, and outcomes across the organization.
Our conversation delves into PAR's unique approach to team evaluation and incentivization, including how performance reviews are tied to the company's values and metrics. Savneet shares how he identifies and retains ambitious talent through innovative compensation structures and leadership opportunities, ensuring that the culture evolves while focusing on delivering results.
We also dive into PAR’s M&A strategy, where Savneet highlights the importance of creating synergy through product integration and customer outcomes. He offers candid insights into lessons learned from organizational design missteps and discusses the role of AI and data in shaping PAR’s future.
Watch video versions of the show on YouTube!
Listen weekly and follow the show on Apple Podcasts, Spotify, Google Podcasts, Stitcher, Breaker, and TuneIn.
Learn more about Alex and Think Like an Owner at https://tlaopodcast.com/
Links:
PAR Technology
Savneet on LinkedIn
Topics:
(00:00:00) - Intro
(00:01:25) - Projecting a sense of urgency
(00:06:45) - Evaluation cadences
(00:11:26) - Building Culture at Scale
(00:15:12) - What companies do you admire with regard to their culture?
(00:17:16) - Mistakes made in organizational design
(00:21:34) - Originating ideas
(00:22:41) - Making unpopular decisions
(00:27:31) - What makes a successful M&A deal
(00:31:24) - Integrating a newly acquired company
(00:32:34) - Software consolidation approaches
(00:35:55) - Looming threats for software companies
(00:40:55) - Equity Comp as a tool for designing incentives
(00:51:26) - What’s top of mind for you?
