AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Building self-awareness and mutual awareness is crucial for effective company building and management. It is important for leaders to seek feedback, understand their motivators, strengths, and blind spots, and share this information with others. By fostering an environment of open feedback and exploration, leaders can create a stable and effective work environment.
Encouraging open and honest communication within a team is essential. Leaders should create a safe space for team members to say the things they think they cannot say. By asking open-ended questions, making observations, and owning their perceptions, leaders can share feedback without being judgmental or threatening, fostering a culture of growth and improvement.
Building a stable operating system is crucial for managing chaos and uncertainty. This includes establishing rituals, common practices, and a cadence for goal-setting, planning, and decision-making. By providing stability and structure, leaders can create a sense of order and direction within the organization.
Creating founding documents, such as a mission statement and long-term goals, helps clarify the purpose and direction of the company. These documents serve as touchstones for decision-making and provide a clear focus for the organization. Investing time in developing these documents can align the team and guide their actions.
Articulating long-term goals is crucial for companies to ensure alignment and understand the purpose behind their investments and actions. It allows for better decision-making and helps everyone in the organization make choices that align with the company's objectives. By clearly communicating the long-term goals, companies can create cohesion and understanding among their teams, especially new hires who may have questions about the company's direction and priorities. This process involves identifying and expressing the company's mission, operating principles, and long-term goals, which serve as a guiding framework for decision-making and goal-setting.
An effective operating system is vital for companies to maintain cohesion and drive progress. This system involves several key components, including setting clear goals and milestones, conducting regular business reviews, and establishing metrics and dashboards to measure progress. Effective communication practices, such as newsletters, videos, and regular updates on internal platforms, are essential for keeping the company informed and aligned. It is important to ensure that the operating system is designed to fit the specific needs and cadence of the company, taking into account factors like the pace of growth, maturity, and unique business models. By implementing a well-designed operating system, companies can enhance transparency, collaboration, and decision-making throughout the organization.
Brought to you by Linear—The new standard for modern software development | Vanta—Automate compliance. Simplify security. | Dovetail—Bring your customer into every decision.
—
Claire Hughes Johnson is the former COO at Stripe, which she helped scale from a small startup to the legendary company it is today. She also spent close to 10 years at Google, where she filled several executive roles, including VP of Global Online Sales and Director of Sales and Ops for Gmail, YouTube, Google Apps, and AdWords. Claire shares invaluable insights from her upcoming book, Scaling People, on how to successfully build and scale organizations. We talk about the importance of building self-awareness, and Claire gives tons of tactical advice on how to say things that are hard to say, as well as how to improve your internal communications, and so much more.
Find the full transcript at: https://www.lennysnewsletter.com/p/lessons-from-scaling-stripe-tactics
Where to find Claire Hughes Johnson:
• Twitter: https://twitter.com/chughesjohnson
• LinkedIn: https://www.linkedin.com/in/claire-hughes-johnson-7058/
Where to find Lenny:
• Newsletter: https://www.lennysnewsletter.com
• Twitter: https://twitter.com/lennysan
• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/
Referenced:
• Scaling People: Tactics for Management and Company Building: https://www.amazon.com/Scaling-People-Tactics-Management-Building/dp/1953953212
• John Collison on LinkedIn: https://www.linkedin.com/in/johnbcollison/
• Patrick Collison on LinkedIn: https://www.linkedin.com/in/patrickcollison/
• Discord: https://discord.com/
• Toast: https://pos.toasttab.com/
• High Growth Handbook: Scaling Startups from 10 to 10,000 People: https://www.amazon.com/High-Growth-Handbook-Elad-Gil/dp/1732265100
• Myers-Briggs personality types: https://www.myersbriggs.org/my-mbti-personality-type/mbti-basics/
• Enneagram types: https://www.enneagraminstitute.com/type-descriptions
• Disc assessment: https://www.discprofile.com/what-is-disc
• Conscious Business: How to Build Value through Values: https://www.amazon.com/Conscious-Business-Build-through-Values/dp/1622032020/
• Reid Hoffman on LinkedIn: https://www.linkedin.com/in/reidhoffman/
• Eeke de Milliano on Lenny’s Podcast: https://www.lennyspodcast.com/how-to-foster-innovation-and-big-thinking-eeke-de-milliano-retool-stripe/
• Running an effective meeting: https://www.youtube.com/watch?v=GIiaFW874q8
• Gokul’s S.P.A.D.E. framework: https://coda.io/@gokulrajaram/gokuls-spade-toolkit
In this episode, we cover:
(00:00) Claire’s background
(04:47) How writing Scaling People helped Claire crystallize learnings
(07:58) How she got started writing her book
(11:11) Advice that changed the way she operates
(15:18) The lack of job titles at Stripe
(19:01) Scaling your organizational structure
(23:46) What founders need to think about in the early days
(26:38) Personal operating principles
(29:04) How to crystallize your own values to gain self-awareness
(34:29) Advice for saying uncomfortable things
(37:12) Being an explorer, not a lecturer
(43:57) Come back to the operating system
(47:17) Organizational structure using Claire’s house metaphor
(50:50) Why some chaos is normal
(52:45) Founding documents you need
(58:30) The components of a company’s operating system
(1:01:31) Finding the right cadence
(1:04:48) COOs and which types of businesses need them
(1:11:30) Advice on scaling quickly
(1:13:56) The importance of internal communications
(1:16:03) Running effective meetings
(1:17:17) Advice for aligning and making decisions as a manager
Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode