Think Like an Owner
Savneet Singh - Urgency and Culture - EP.255
Jan 7, 2025
Savneet Singh, CEO of PAR Technology, shares his expertise on urgency and organizational culture. He reveals how creating a sense of urgency drives decision-making and aligns teams. The discussion covers innovative compensation models that retain talent and ensure culture evolves effectively. Savneet also dives into M&A strategies, emphasizing synergy through product integration, and discusses lessons learned from design missteps. Plus, he highlights the role of AI and data in shaping the future of PAR.
57:00
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Quick takeaways
- Embedding a sense of urgency as a core value influences team alignment and decision-making across the organization.
- Using data-driven metrics for performance evaluations fosters fair feedback and enhances leadership effectiveness in talent assessment.
Deep dives
Objective Conversations with Direct Reports
Making conversations with direct reports as objective as possible is crucial for effective leadership. Instead of relying on personal impressions, leaders should use data, such as scorecards and culture scores, to guide discussions with their teams. This data-driven approach helps ensure that feedback is fair and can highlight discrepancies between a manager's perceptions and their team's views. By focusing on quantifiable metrics, leaders can foster an honest dialogue about performance and areas for improvement.
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