

9 | 🔥 From Bain to COO: The Unfiltered Truth About Leading Through Chaos & Change 💥 with Kristy Friedrichs (New Relic, Bain)
Kristy Friedrichs is Chief Operating Officer at New Relic, and was formerly their Chief People Officer after a 15-year career at Bain & Company.
In this episode of Good Revenue, host Neeta Bidwai and Kristy cover:
- Embedding empathy in leadership, improving organizational communication, and maintaining a healthy company culture during turbulent times, like the COVID-19 pandemic.
- Effective influence, profitability, and sustainable revenue growth with guest Kristy Friedrichs, Chief Operating Officer at New Relic.
- The importance of taking on challenges without feeling fully prepared, using first principles thinking, and fostering strong organizational culture and leadership dynamics.
- Key topics discussed include navigating business model transformations, especially shifting to consumption and platform-based pricing at New Relic, managing the transition from a founder-led to a professional CEO-led company, and driving organizational change.
- Working with HR and finance for scaling, understanding priorities during transformations, and maintaining healthy leadership dynamics to prevent toxic environments.
- Organizational culture, particularly the balance between written and unwritten rules,along with strategies for restoring trust after breaches.
- Advice for CEOs on practicing empathy, communicating effectively, and maintaining performance accountability to drive high performance in companies.
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Where to find Kristy:
https://www.linkedin.com/in/kristy-friedrichs-mcbride-6590a127/
Where to find Neeta:
https://www.linkedin.com/in/neetabidwai/
Where to find Good Revenue:
https://goodrevenue.io/goodrevenue
https://www.youtube.com/channel/UCHrhuWbpYnUwrR75H2Ip4yQ
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Highlights
00:00 Introduction to Good Revenue
00:19 Meet Kristy Friedrichs: Career Journey
01:28 Navigating Challenges and Surprises
04:36 COVID-19: Leadership During Crisis
08:15 Driving Organizational Change
15:03 Transitioning from Founder to CEO
18:12 Partnering with HR for Success
22:04 Fostering Healthy Leadership Dynamics
24:40 Defining and Repairing Company Culture
28:15 Empathy and Trust in Leadership
30:09 Strategic Decision Making in Tough Times
35:18 Final Thoughts and Advice for Executives
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Referenced:
- Bain & Company: https://www.bain.com/
- New Relic: https://newrelic.com/
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