

20VC: Snowflake CEO Frank Slootman on How To Narrow The Focus and Increase The Quality, Why Every CEO Should Feel Anxious, Why Performance Reviews are BS & How to Unleash the Best People in Your Business
10 snips Jan 17, 2022
In this engaging discussion, Frank Slootman, CEO of Snowflake and seasoned entrepreneur, dives into leadership lessons from his extensive career. He emphasizes the power of narrowing focus to boost quality and stresses that every CEO should embrace anxiety as a motivator. Slootman critiques traditional performance reviews, labeling them as ineffective, and shares insights on uplifting good talent to greatness. He explores his straightforward approach to handling underperformance and the importance of clear communication in leadership.
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Prioritization Process
- To prioritize, ask your team: "If you could only do one thing for the rest of the year, what would it be and why?"
- This forces them to identify the highest-leverage activity and improve focus.
Problem Analysis vs. Solutioning
- In business, we quickly decide on solutions without deeply understanding the problem.
- Spend more time analyzing the problem; the right solution will become obvious.
Decision Making
- Don't rush to conclusions or make quick decisions without proper analysis.
- Take your time to understand the problem thoroughly before deciding.