Andy Price on Building World-Class Teams: Process is Overrated
Episode 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.
*Email us your questions or topics for Kelli & Nolan: [email protected]
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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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LINKS:
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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