Give the Gift of a 360 to Your Board of Directors I recently ran our biennial Board 360, and I thought it would be interesting to share the details. Attached are a few pages from, my book, Startup CEO: A Field Guide to Scaling Up Your Business which describe the process as well as share the survey I developed, which I adapted from one that the legendary Bill Campbell uses at larger public companies like Intuit. If you’ve read this blog a lot over the years, you know that we are big on 360s for staff at all levels at Return Path , and at some point a few years ago, I thought, “hmmm, shouldn’t we do this for the Board as well?”…
Category
Management
ReturnShip Program, Part II
Today marks the graduation for the six women who participated in our inaugural ReturnShip program, which I wrote about here and which was written up at least twice, in Harvard Business Review and in the San Francisco Chronicle. The ReturnShip was a 14-week paid internship program designed for women who have been out of the workforce for more than 1 year to re-enter and build credible and relevant experience, and to feed our funnel of prospective employees. While there are still a couple things in the air, my guess is that at least three, and as many as five, of the program’s six participants, will continue their work at Return Path, either full time, part time, or as a contractor….
How to Ask For a Raise
How to Ask For a Raise I’m guessing this topic will get some good play, both internally at Return Path and externally. It’s an important topic for many reasons, although one of the best ones I can think of is that most people aren’t comfortable asking for raises (especially women and more introverted people, according to lots of research as well as Sheryl Sandberg’s Lean In). My whole point in writing this is to make compensation part of normal conversations between a manager and a team member. This requires the manager making it comfortable (without negative stigma), and the employee approaching it maturely. My guess is that the two most common ways most people ask for raises when they bother…
Does size matter?
Does size matter? It is the age-old question — are you a more important person at your company if you have more people reporting into you? Most people, unfortunately, say yes. I’m going to assume the origins of this are political and military. The kingdom with more subjects takes over the smaller kingdom. The general has more stars on his lapel than the colonel. And it may be true for some of those same reasons in more traditional companies. If you have a large team or department, you have control over more of the business and potentially more of the opportunities. The CEO will want to hear from you, maybe even the Board. In smaller organizations, and in more contemporary organization…
PTJD
Post Traumatic Job Disorder. As we have been scaling up Return Path, we have been increasingly hiring senior people in from the outside. We believe in promoting from within and do it all the time, but sometimes you need an experienced leader who has operated at or ahead of the scale you’re at. Someone with deep functional expertise and a “been there, done that” playbook. When you get a hire like this right, it’s amazing how much that kind of person gets done, how quickly. One of the pitfalls of those hires, though, is cultural fit. Many of the larger organizations in the world don’t have the kind of supportive, employee-centric cultures that we have here, or that startups tend…
The 2×4
The 2×4 I took a Freshman Seminar in my first semester at Princeton in 1988 with a world-renowned professor of classical literature, Bob Hollander. My good friend and next-door neighbor Peggy was in the seminar with me. It was a small group — maybe a dozen of us — meeting for three hours each week for a roundtable with Professor Hollander, and then writing the occasional paper. Peggy and I both thought we were pretty smart. We had both been high school salutatorians from good private schools and had both gotten into Princeton, right? Then the first paper came due, and we were both a bit cavalier about it. We wrote them in full and delivered them on time, but…
Physical Therapist or Chiropractor?
Physical Therapist or Chiropractor? I was talking to a good friend the other day who is an executive coach. He was telling me that his clients are all over the map in terms of role (CEO or functional senior exec), need (small issue to large issue), company size and stage. But most important, he noted that his clients have different ways of learning, and that he has to tailor his coaching style to the client. I had two main takeaways from this interaction. First, he had a particularly memorable way of phrasing the differences in client learning styles that inform his approach. Some of his clients, he noted, need a physical therapist. They need someone to work with them every…
How to Manage Your Career
I gave a presentation to a few hundred Return Path employees in January at an all-hands conference we did called “How to Manager Your Career.” The presentation has three sections — The Three Phases of a Career, How to Get Promoted, and How to Wow Your Manager. While it’s not as good without the voiceover and interactivity, I thought I’d post it here…see the presentation on Slideshare. As I said to my audience, if there’s one thing to take away from the topic, it’s this: Managing your career is up to one, and only one person – you. It doesn’t matter how great a corporate culture you have, or how supportive your manager is. You’re the only person who cares…
The 90-Day Reverse Review
The 90-Day Reverse Review Like a lot of companies, Return Path does a 90-day review on all new employees to make sure they’re performing well, on track, and a good fit. Sometimes those reviews are one-way from the manager, sometimes they are 360s. But we have also done something for years now called the 90-Day Reverse Review, which is equally valuable. Around the same 90-day mark, and unrelated to the regular review process, every new employee gets 30 minutes with a member of the Executive Committee (my direct reports, or me if the person is reporting to someone on my team) where the employee has a chance to give US feedback on how WE are doing. These meetings are meant…
Breaking New Ground on Transparency
Breaking New Ground on Transparency I’ve written a lot over time about our Live 360 process for senior leaders in the business. (This post is a good one, and it links to a couple earlier ones that are good, as well.) We take a lot of pride in feedback and in transparency at Return Path, and after 15 years, even for an innovative business, it’s unusual that we do something big for the first time around people. But we did today. This image is of something never seen before at our company. It’s my own handwritten notes about my own Live 360. It’s never been seen before, because no one has ever been physically present for his or her own…
Open Vacation
At Return Path, we’ve had an “open vacation” policy for years, meaning that we don’t regulate the amount of time off people take, and we don’t accrue for it or pay out “unused” vacation if someone leaves the company. I get asked about this all the time, so I thought I’d post our policy here and also answer a couple follow-up questions I usually get about it. First, here’s the language of our policy: Paid Time Off You’re encouraged to take as much time off as you can while maintaining high performance and achieving your goals. We don’t count the hours you work, so why should we count the hours you don’t? (Unless you’re a non-exempt employee, and only then…