Andy Price on Building World-Class Teams: Process is Overrated
Description
Seasoned executive recruiter and venture capitalist Andy Price joins Nolan Church and Kelli Dragovich for an inside-the-room look at the intricate dance of hiring, retaining, and evolving top-tier talent. Andy has assembled leadership teams for companies like Snowflake, DocuSign, Confluent, Amplitude, and ServiceNow.
From the critical role of empathy in leadership transitions to the long-term value of investing in talent development, Price's insights challenge listeners preconcieved notions about hiring and maintaining world-class execs. This episode is a compelling exploration of how the right people, in the right roles, with the right support, can transform good companies into great ones.
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KEEP UP WITH ANDY, NOLAN, + KELLI ON LINKEDIN
Andy: https://www.linkedin.com/in/andyprice1/
Nolan: https://www.linkedin.com/in/nolan-church/
Kelli: https://www.linkedin.com/in/kellidragovich/
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Artisanal Ventures:
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TIMESTAMPS:
(00:00 ) Intro
(00:39 )Why is the hit rate for execs so low?
(03:47 ) How to mitigate a bad executive outcome
(04:18 ) The Artisanal process to mitigate a bad outcome
(07:44 ) Back channels in executive recruiting
(11:05 ) When should a CEO back channel?
(12:40 ) How many back channels are too many?
(14:00 ) Dealing with personality fit issues after hiring an exec
(16:34 ) Sponsor: Metaview
(17:46 ) The importance of onboarding and post-hire support
(18:47 ) How to vet search firms
(22:37 ) Name-dropping in executive recruiting
(25:13 ) Founders trying to run searches on their own
(29:05 ) The importance of staying close with search firms
(30:13 ) Hiring for experience vs. trajectory
(34:16 ) The importance of orchestration in executive transitions
(35:40 ) The role of ego in executive transitions
(36:13 ) Involvement of layered executives in the interview process
(38:53 ) Setting expectations for layered executives
(39:22 ) The importance of studying successful executive transitions
(40:40 ) How to help up-and-comers scale
(43:03 ) The importance of advisors and coaches
(45:36 ) Executive career management
(48:43 ) Executive tenure and the importance of grit
(51:17 ) Importance of doing meaningful work before seeking new roles
(51:55 ) Importance of authenticity in the executive world
(52:38 ) Wrap
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