Think Like an Owner
Savneet Singh - Leading a Public Turnaround at PAR Technology - Ep.207
Jan 23, 2024
Savneet Singh, CEO of PAR Technology, discusses turning around teams, management techniques, and his views on software businesses. He shares his experience joining PAR and saving it from bankruptcy. Topics include retaining speed over time and stages of structural changes.
50:12
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Quick takeaways
- Speed and urgency are crucial in Par's operations, with a decentralized structure and culture focused on values like speed, ownership, and winning.
- Par's M&A strategy emphasizes the importance of retaining employees, maintaining transparency, and acquiring high-quality products that align with customer needs.
Deep dives
Satineet Singh's journey from Terra Holdings to CEO of Par
Satineet Singh, the CEO of Power Technology, shares his journey from being a part of Terra Holdings to his current role at Par. Originally having the vision to create the next version of Constellation Software, Satineet and his partner realized the potential of acquiring and running software businesses. After stumbling upon PAR, they joined the board and faced numerous challenges. However, when the company was at the brink of running out of money, Satineet had an opportunity to become CEO and turned the business around.
