3 More Questions (Aylwin Lewis) with David Novak and Koula Callahan
Feb 19, 2024
auto_awesome
David Novak discusses the importance of hiring to reduce turnover rates and achieve success. He emphasizes patience in the hiring process. The podcast also delves into leadership insights for C-suite roles and strategies for leading in a new industry.
Hiring the right people is crucial to reducing high turnover rates and ensuring customer satisfaction and profitability.
To excel in a C-level position, leaders must focus on the company's overall success, align with its values, and prioritize achieving results and growing people.
Deep dives
Key to Fixing High Turnover: Hiring
Alwyn Lewis emphasizes that the key to fixing high turnover is hiring. According to Alwyn, if you hire hard, you will manage easy. By having the right people in place, you can satisfy more customers and make more money. Alwyn believes it is crucial to spend time, follow a process, and exercise discipline to ensure that you hire the best people. This includes getting to know potential hires, assessing their skills, and identifying their growth potential.
Enterprise View for C-Suite Executives
Alwyn highlights the importance of having an enterprise view to become a C-suite executive. Effective leaders care not only about their team's success but also about the overall success of the organization. They prioritize the company's goals and values, ensuring alignment and synergy across different functions. Additionally, potential C-level leaders should focus on achieving results, growing people, and embodying the cultural values of the company.
Seeking Out Best Practices in a New Industry
When joining a new company in a different industry, leaders should define reality by understanding the customer, employee, financial, and competitive landscapes. By involving their team in this process, leaders can collectively determine the key areas for improvement and create a game plan. Leaders should also study the company's history, listen to customers and employees for valuable insights, and seek guidance from experienced professionals in the industry. These actions help leaders build trust, gain a deeper understanding of the business, and drive positive change.
Get coaching from David by signing up to receive his Weekly Leadership Plan. It builds on each podcast episode by offering actionable steps you can take each week to incorporate the learnings from the episode into your leadership style. It only takes about 5 minutes and is a great way to start off your week!