Please enable JavaScript.
Coggle requires JavaScript to display documents.
The Great CEO Within How to build a category-killing company from the…
The Great CEO Within
How to build a category-killing company from the ground up
By Matt Mochary
Introduction
Part I -- The Beginning
Chapter 1: Getting Started
Book - Disciplined Entrepreneurship by Bill Aulet
Chapter 2: The Team
Co-Founders
do not create a 50/50 partnership
Owning much of something is better than owning 100% of nothing
The Team
Each new member must somehow grock the priorities, vision and actions of the other team members in order to place their efforts in the same direction.
never grow beyond six until there is true
product-market fit
Morale
six or less people, the environment feels like a team in battle. Chaos is expected.
Communication and organization
When you are a few people in a room, you all know what each other is working on without having to formally report to each other
Efficiency
PMF - Product Market Fit
Metrics that show whether PMF has been achieved include: revenue, renewal rates, NPS
Scaling
blitz scale
create massive awareness (Marketing),
walk many customers through the sales process (Sales)
hold those customers hands as they set up and
use your product or service (Customer Success)
harden your infrastructure to withstand many
users at once (DevOps)
get rid of technical debt as well as add all the features promised in your roadmap (Engineering)
update the product roadmap to meet the most urgent needs of
your customers (Product)
all of the non-technical operations (People [Recruiting, Training
and HR], Finance, Legal, Office)
It is at that moment that you need to implement a formal management system.
You will no longer be able to just “work on the product”
You and your team will likely have to spend one full day per week preparing for and participating in team and one-on-one meetings.
The good news is that the same system that allows your company to operate well with 25 people, will also allow it to work well with 25,000.
The rest of this book walks through the implementation of such a system.
Part II — Individual Habits
Your example inspires your team, and your
efficiency determines the efficiency of the team. Therefore, the first thing to optimize is yourself.
Chapter 3: Getting Things Done
Getting Things Done: The artof stress-free productivity , by David Allen.
Chapter 4: Inbox Zero
If the email/message takes less than two minutes to address, do it immediately.
If it takes more than two minutes, write down a Next Action for it and then place the email in its correct location
Waiting For
Someday/Maybe
Next Action,
Reference
Repeat until you get to Inbox Zero. If you are truly fearless, you get can get to InboxZero within the hour (yes, even if you have 1,000s of emails in your Inbox right now).
Chapter 5: Top Goal
Essentialism -
Productivity Book
by Greg McKeown
Schedule two hours each day (ie- put an Event in your calendar) to work on your Top Goal only. And do this every single work day.
earlier in the day you schedule this Top Goal time
Chapter 6: On Time and Present
It is critical to be on time for every appointment
be present. Being present means that you arecomposed, prepared, and focused on the subject matter
Chapter 7: When You Say It Twice, Write It Down
Whenever you find yourself saying something for a second time (to a second audience, or in a second situation),write it down
Chapter 8: Gratitude and Appreciation
cheering positively something that someone made, will create a highly compromise
“What is good about this situation?” “What is good about this teammember?” “What is good about my company?” “What is good about my life?”
“I am grateful for
__
.” Be as specific as possible:
names of people, specific actions they did, etc.
Appreciation
The recipient will feel better about themselves. And we now know what happens when people feel better about themselves.
The recipient will feel connected and appreciative to you for having brought them this good feeling.
You will start to view the recipient more positively, since you are now focusing on a positive aspect about them.
How to Become Insanely Well-Connected
Chris Fralic of First Round Capital
reserves one hour each week for follow-ups and outreach, most of which include appreciations.
Chapter 9: Energy Audit and Zone of Genius
It is important to maximize your energy.
“Did that activity give me energy or drain my energy?”
Zone of Genius
there are four zones.
Zone of Incompetence
are the things that other people probably do better than you (ie- fix yourcar), and therefore you should outsource if they don’t give you joy.
Zone of Competence.
are the things that you do just fine, but others are as good as you (ieclean your bathroom) and therefore you should outsource if they don’t give you joy.
Zone of Excellence.
are the things that you do better than others, but don’t love doing. This is the danger zone. Many people will want you to keep doing these things (as those people gain derive benefit from you doing them), but this is the area that you should also look to move away from. This is the hard one!
Zone of Genius.
are the things that you are uniquely good at in the world, and that you love to do, so much so that time and space likely disappear when you do them. This is where you can add most value to the world and yourself.
Chapter 10: Health
your mental e fisical health is precious
Part III — Group Habits
Chapter 10: Decision-Making
Writing vs Talking
If you want the most effective and efficient decision-making process, require that anyone who wants to discuss an issue write it up, along with the desired solution, ahead of time
The goal of this write-up is to be thorough enough that at the time of decision-meeting, there are few or no questions.
2 Way:
The hard way: Write an extraordinarily thorough analysis from the get-go
The easy way: Write a draft, circulate it to the meeting participants before the meeting, and invite comments and questions. Then write out responses to all of these comments and questions prior to the meeting.
Jeff Bezos / Amazon Way
He requires that anyone who wants to bring up an issue or proposal must write up the item fully prior to the decision meeting (with someone else writing up a counterproposal if necessary)
The meeting is then spent reading the write-ups.
Once the decision-making team has read them all, a decision
is made.
If consensus is not reached, an appointed decision-maker makes the call. If there are still open questions, then the decision-maker assigns one or more people to research, and of course write, the needed follow-up
At the end of the next meeting, the decision is made.
Getting Buy-In
You create buy-in when you make people feel they are part of the decision, and that their input contributes to the final outcome. The more influence they feel they have on the outcome, the more they’ll be invested in the final result
Issues and Proposed Solutions
require that anyone who presents an Issue at a team meeting do so in writing. The write-up should include both a detailed description of the Issue as well as their Proposed Solution
RAPID Decision-Making
1. Somtexteone identifies an issue or decision that needs to be made. They write up:
a. The Issue
b. The Proposed Solution
c. The list of people needed to make and implement the decision:
R (Recommend) = the one who first proposed the Issue and Solution
A (Agree) = those people whose input must be incorporated in the decision
P (Perform) = those people who will have to enact any decision and therefore should be heard
I (Input) = those people whose input is worth considering
D (Decide) = the one who will make the decision
d. A section on the document for each person above to write their comments.
The R then reaches out to all the As, Ps and Is to solicit their input. Once this input is
received, the document is ready to be reviewed by the D.
The R schedules a Decision Meeting and invites the D, As, Is and Ps
a. If the issue is urgent, the R schedules this Decision Meeting as soon as it needs
to be.
b. If the issue is non-urgent, the R can use the next Team Meeting as the Decision Meeting. (This is much more efficient, and should be done whenever the issue is non-urgent.)
At the Decision Meeting, the D reads through the document. If she has any questions, she asks them. If her questions can be fully answered in 5 minutes, she decides. If they cannot be answered in 5 minutes, she asks for another round of written responses on the document to answer her questions. At the next Team Meeting, she reviews these responses, and decides.
Once the D decides, she writes up the Decision (or asks the R to do so) along with all the Next Actions (each with a DRI and Due Date). The D then publishes this decision to the company
Chapter 11: Loudest Voice in the Room
know that, as CEO, your voice will be the “loudest in the room”. In order to get full buy-in, you will have to elicit people’s truest thoughts. Once people hear your perspective, some percentage will naturally alter their own views to more closely match yours. This % is much higher than you might imagine. People assume that as CEO you have more information than they do, and therefore your perspective is probably more correct
Chapter 12: Impeccable Agreements and Consequences
Impeccable Agreements
1) precisely defined, and
2) fully agreed to (which almost always means written) by all relevant people.
Consequences
Implementing these consequences is a two-part process. The first time someone doesn’t meet an agreement, you point it out to them immediately. If they apologize, you respond that apologies are not needed, and all that is required is that they only make agreements that they can commit to, and that they meet all of the agreements they make, whether by adherence or by prompt communication that they need to alter the agreement.
Chapter 13: Transparency
Your team members are smart. When there are problems, they know it. Hiding negative information from them does not make them feel better. If anything, it makes them more anxious.
Share all relevant information with your team, both negative and positive. This will give them
great comfort and enable them to use their brilliance and talents to adapt.
Chapter 14: Conflict Resolution and Issue Identification
Conflict Resolution
Interpersonal conflict arises often. And almost always it is due to people:
Not fully sharing their feelings and thoughts.
Not feeling heard.
There is a laughably simple method to solving this issue
The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change
Nonviolent Communication: A Language of Life.
Never Split the Difference: Negotiating As If Your
Life Depended On It
For me to respect you, I don’t need for you to agree with me. But I do need for you to hear what I have to say
I only need to prove to you that I have “heard” you. And to do that, I only need to repeat back what you’ve said (summarized, of course) until you say “That’s right!” Then you will feel heard. You will now be open to hearing what I have to say
Chapter 15: Conscious Leadership
Conscious Leadership is about being more interested in learning than being right
When our egos make us afraid to be wrong, that fear leads us to defend our ideas at all costs, and to work too hard to convince others that we are right—often with anger
Conscious Leadership is about recognizing when these emotions (fear, anger, sadness) have gripped our thought processes, releasing these emotions, and shifting back to a state of curiosity where we are receptive to all ideas and creativity, even if they seem to contradict our own. It is in a state of playful curiosity
that truly elegant solutions are achieved.
BOOK
The 15 Commitments of Conscious Leadership
Chapter 16: Customer Obsession
Chapter 17: Culture
Part IV — Infrastructure
Chapter 18: Company Folder system and Wiki
Chapter 19: Goal-Tracking System
Chapter 20: Areas of Responsibility (AORs)
Chapter 21: No Single Point of Failure
Chapter 22: Key Performance Indicators (KPIs)
Part V — Collaboration
Chapter 23: Meetings
Chapter 24: Feedback
Chapter 25: Organizational Structure
Part VI — Processes
Chapter 26: Fundraising
Chapter 27: Recruiting
Chapter 28: Sales
Chapter 29: Marketing
Part VII — Other Departments
Chapter 30: Executive
Chapter 31: Product
Chapter 32: Engineering
Chapter 33: People
Chapter 34: Finance
Chapter 35: Legal