"1 to 1000" | Scaling Startups with CEOs

E4: What Start-Ups Miss When It Comes to Management, with Stripe’s Former COO

55 snips
Oct 5, 2023
Former COO of Stripe, Claire Hughes Johnson, discusses the nuances of management that most start-ups overlook, including talent assessment, building fairness in systems, the importance of roadmaps and transparency, and the significance of clear priorities.
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ADVICE

Remove Non-Performers Faster

  • Move people who aren't working out quickly and set the example as a leader.
  • Build training, pattern matching and tools so managers can assess and act confidently.
ADVICE

Use The Keeper Test To Calibrate Managers

  • Use the keeper test: 'Would you enthusiastically rehire this person for this role?' and log answers for calibration.
  • Scrutinize managers' talent assessments and teach them to pattern-match performance.
INSIGHT

Fairness Systems Can Flatten Excellence

  • Systems built for fairness can unintentionally compress outcomes to a mediocre middle.
  • Reward managers who identify and wildly accelerate top talent instead of enforcing rigid fairness rules.
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