Book Short: New to the Canon of Great CEO Books
Please go put Decide and Conquer: 44 Decisions that will Make or Break All Leaders by David Siegel on your reading list, or buy it. David’s book is up there on my list with Ben Horowitz’s The Hard Thing About Hard Things. It’s a totally different kind of book than Startup CEO, and in some ways a much better one in that there’s a great through-line or storyline, as David shares his leadership framework in the context of his journey of getting hired to replace founder Scott Heiferman as Meetup’s CEO after its acquisition by WeWork, including some juicy interactions with Adam Neumann, through the trials and tribulations of WeWork as a parent company, through COVID and its impact on an in-person meeting facilitator like Meetup, through to the sale of Meetup OUT of WeWork.
It’s hard to do the book justice with a quick write up. It’s incredibly concise. It’s clear. It’s witty. Most of all, it’s very human, and David shares a very human, common sense approach to leadership. I particularly like a device he uses to reinforce his main points and principles by bolding the key phrases every time they show up in the book: be kind, be confident, be bold, expand your options, focus on the long-term picture, be pragmatic, be honest, be speedy, do what’s right for the business, work for your people and they’ll work for you, be surprised only about being surprised. These all resonate with me so much.
One of the interesting things about the book is that David is a CEO, but not a founder (although he was sort of a re-founder in this case). A lot of CEO books talk about how to run a company, or give stories from the trials and tribulations thereof, but few focus on the elements of interviewing for the CEO job, or taking over the reins of a company in the midst of a turbulent flight. So the book is about getting the job, starting the job, doing a turnaround, leading a company through growth, a buy-out, and managing a company inside of another company. And because Meetup is such an iconic brand and business, it’s easy to understand a lot of the backdrop to David’s story.
I just met David for the first time a few weeks ago. We knew a bunch of people in common from his DoubleClick days. We instantly hit it off and traded copies of our books, and then were reading them at the same time trading emails about the parts that clicked. I just can’t recommend the book enough to any CEO or founder. In my view, it joins a pretty elite canon.
Book Short: Must-Read for CXOs
Lead Upwards: How Startup Joiners Can Impact New Ventures, Build Amazing Careers, and Inspire Great Teams, by Sarah E. Brown, is an amazing book – and one that fits really well with our Startup Revolution series, in particular our book Startup CXO.
I kept thinking as I was reading it that it was the other side of the proverbial coin…that Startup CXO was about the details of each executive job in a company…but Sarah’s book is about the things common to ALL executive jobs – how to get them, how to succeed at them, essentially how to BE an executive. I read it front to back in a single day one weekend and loved it.
Some of the most insightful moments in her book are:
- Why big company executives who join startups often struggle
- How to get promoted by proactively doing the next job – act “as if” – while still excelling at your current job
- The importance of managing to the CEO’s preferred work style (personally…I’d debate this – I think CEO’s should manage to their CXOs’ work styles or at least make it a two-way street, but her point is very valid!)
- Why executives shouldn’t just up and quit with “two weeks’ notice” but that executives also need to be mentally prepared to be shown the door when they resign
- The importance of getting your hands dirty and not being “above” doing the work of your team
- Mastering the art of data-driven storytelling
Sarah quotes a number of CEOs throughout the book who I know and respect, from Nick Mehta at Gainsight to Mindy Lauck at Broadly. It was fun to read the book and see a number of very familiar names in it along the way.
Sarah and I did an interesting format – sort of a “dueling fireside chat” about our respective books on a webinar last fall. We had a fantastic conversation that could have gone on for hours. If you’re an executive – or an aspiring executive – you should go read her book.
Book Short: On Employee Engagement
Book Short:Â On Employee Engagement
The first time I ever heard the term “Employee Engagement” was from my colleague David Sieh, one of the better managers I’ve ever worked with. He said it was his objective for his engineering team. He explained how he tried to achieve it. I Quit, But forgot to Tell You, by Terri Kabachnick, is a whole book on this topic, a very short but very potent one (the best kind of business books, if you ask me).
It’s got all the short-form stuff you’d expect…a checklist of reasons for disengagement, an engagement quiz, the lifecycle of an employee that leads to disengagement, rules for dealing as a manager.
But beyond the practical, the book serves as a good reminder that employee engagement is the key to a successful organization, no matter what industry you’re in. All managers at Return Path — this is on the way to your desk soon!
Book Short: Getting to MVP
Book Short:Â Getting to MVP
Usually, when we hear the term MVP, we think Most Valuable Player. But in my line of work, that acronym has come to mean something entirely different: Minimum Viable Product. Running Lean: Iterate from Plan A to a Plan That Works, by Ash Maurya, is an incredibly useful, practical how-to guide for any entrepreneur with an idea from concept through to MVP, or the smallest bit of functionality that you can get customers to pay for. This is one of the best books I’ve read that encapsulates most of the contemporary thinking and writing about product development in the early stages of a startup’s life from thought leaders like Steven Gary Blank and Eric Ries.
I read the book recently, as I was writing Startup CEO (original outline here), and I quoted liberally from it, including using his Lean Canvas graphic:
The basic principle behind the Lean Canvas is that the old way of doing a business plan was a ton of up front planning work, assuming you’re right, then building to spec. The new way of doing a business plan is a really short series of hypotheses on a single page, then the time is spent de-risking the plan by systematically testing each element of it out. The book includes several lists of checklists that walk you through how to test each box on the Lean Canvas. As I’ve written about before, checklists are a really powerful management tool.
This is an essential read for entrepreneurs just starting a business. But it’s also an excellent read for anyone running a growth company. We have adopted more and more agile/lean methodologies over time at Return Path, and all of our product teams use the Lean Canvas with any major new features and projects.
(Side note – I’m writing this post on Friday, May 10, which is the 9th anniversary of my publishing this blog – 760 posts and one draft book later, it’s still an integral part of my business life!)
Book Short: the Garage Workbench of the Future
Book Short:Â the Garage Workbench of the Future
Makers:Â The New Industrial Revolution, by Wired Magazine’s Chris Anderson, author of The Long Tail (review, buy) and Free (review, buy) is just as mind expanding as his prior two books were at the time they were published. I had the pleasure of talking with Chris for a few minutes after he finished his keynote address at DMA2012 in Las Vegas this week, and I was inspired to read the book, which I did on the flight home.
 The short of it is that Anderson paints a very vivid picture of the future world where the Long Tail not only applies to digital goods but to physical goods as well. The seeds of this future world are well planted already in 3D printing, which I have been increasingly hearing about and will most likely be experimenting with come the holiday season (family – please take note!).
As someone who, like Anderson, tinkered with various forms of building as a kid in Shop at school and in the garage with my dad, it’s fascinating to think about a world where you can dream a physical product up, or download a design of it, or 3D scan it and modify it, and press a “make” button like you press a “print” button today on your computer, and have the product show up in your living room within minutes for almost nothing. This will change the world when the technology matures and gets cheaper and more ubiquitous. And this book is the blueprint for that change.
While we may look back on this book in 5 or 10 years, and say “DUH,” which is what many people would say now about The Long Tail or Free, for right now, this gets a WOW.
Book Short: Plain Talk
Book Short: Plain Talk
An HR rock star I met with recently told me that “You can say anything you want to your people, as long as it’s true,” which of course is great advice. Plain Talk: Lessons from a Business Maverick (book, kindle), by Ken Iverson, the long-time CEO of Nucor, pretty much embodies that. If you’re not familiar with Nucor, it’s a steel company – right, steel – and the most successful one of the last 50-75 years, at that. You may think an industrial company like this offers no lessons for you. If so, you are wrong.
The reason Nucor has been so successful, if you believe their long time leader, is that they run the people side of their business differently than most companies like them. Reading this book from the perspective of a knowledge worker business CEO was particularly interesting, since I had to transform my frame of reference a bit (and do a little mental time travel as well) in order to understand just how revolutionary Nucor’s practices were at the time.
But then I realized – they’re still revolutionary today. How many companies – even the most progressive ones – don’t have performance reviews because they don’t need them in order to create a high performing environment? Companies that spend a good percentage of their time and energies thinking about how to get their employees to do their best work, as opposed to focusing only on the goals of the business, do better than those who don’t. It doesn’t matter what industry you’re in. As Patrick Lencioni would say, you can outbehave the competition.
Plain Talk is a really short book, and a good, authentic read if you’re a leader who cares about your people and wants to learn a few nuggets here and there from one of the 20th century masters of that discipline. Anyone that can link a high degree of delegation to authority has a story worth telling.
Book Short: Less is More
Subtract: The Untapped Science of Less, by Leidy Klotz is a great read, and in concert with the philosophy of the book, this will be a short blog post.
The book’s basic premise is that less is more, addition by subtraction. The author’s examples range from the genius of the Strider Bike (bike without pedals) that allows 2-year olds to ride bikes to the Embarcadero in San Francisco. Many people don’t remember that that road used to be called the Embarcaro Freeway, a massive, ugly, two-tiered structure that blocked out the views and waterfront, and that the opportunity to tear down the whole thing following the massive 189 earthquake left San Francisco with a much simpler, beautiful, liveable waterfront by the Ferry Terminal.
There are many great takeaways in the book as well as an action plan for how to think about subtracting AND adding, not just adding, which is the normal reflex for humans, and I’d add ESPECIALLY for entrepreneurs!
We put these principles into action a couple weeks ago at Bolster. When we were crafting our 2024 plan, we worked methodically as a leadership team to reduce. We cut out words, but we also cut out topics and strategic initiatives. The end product was less than 50% the size (word for word) of the 2023 plan, and I think it’s much crisper, more memorable, and more actionable for our team than last year’s.
Hopefully over time, we will find more occasions to do less.
I’ll close with two of my favorite quotes, both of which were in the book. One is by Mark Twain, which is “I didn’t have time to write a short letter, so I wrote a long one instead.” The other is by Lao Tzu, which is “To attain knowledge, add things every day. To attain wisdom, subtract things every day.”
Sometimes less takes more time. But it’s almost always more valuable.
Book Short: Required Reading
Book Short:Â Required Reading
The Leadership Pipeline, by Ram Charan, Stephen Drotter, and James Noel, should be required reading for any manager at any level in any organization, although it’s most critical for CEOs, heads of HR, and first-time managers. Just ask my Leaderhip Team at Return Path, all of whom just had to read the book and join in a discussion of it!
The book is easy to read, and it’s a great hands-on playbook for dealing with what the authors call the six leadersihp passages:
From Individual Contributor to Manager (shift from doing work to getting work done through others)
From Manager to Manager of Managers (shift to pure management, think beyond the function)
From Manager of Managers to Functional Manager (manage outside your own experience)
From Functional Manager to Business Manager (integrate functions, shift to profit and longer term views)
From Business Manager to Group Manager (holistic leadership, portfolio strategies, value success of others)
From Group Manager to Enterprise Manager (outward looking, handle external and multiple constituencies, balance strategic and visionary long-term thinking with the need to deliver short-term operating results)
All too often, especially in rapidly growing companies, we promote people and move them around without giving enough attention to the critical success factors involved in each new level of management. I’ve certainly been guilty of that at Return Path over the years as well. It’s just too easy to get trapped in the velocity of a startup someitmes to forget these steps and how different each one is. This book lays out the steps very neatly.
It’s also one of the few business books that at least makes an attempt — and a good one at that — at adapting its model to small companies. In this case, the authors note that the top three rungs of the pipeline are often combined in the role of CEO, and that Manager of Managers is often combined with Functional Managers.
Anyway, run, don’t walk, to buy this one!
Book Short: Gladwell Lite
Book Short:Â Gladwell Lite
What the Dog Saw, And Other Adventures (book, Kindle) is Malcolm Gladwell’s latest book. Unlike his three other books, which I quite enjoyed:
- The Tipping Point (about how trends and social movements start and spread)
- Blink (about how the mind makes judgments)
- Outliers: The Story of Success (about how talents are genetic, situational, and cultivated)
this was not a complete book, but rather a compendium of his New Yorker articles loosely grouped into three themes.
If you love Gladwell and don’t read The New Yorker, it’s not a bad read. He’s a fantastic writer, and his vignettes are interesting. There are many “hmmm” moments as we learn why ketchup always tastes the same but mustard doesn’t; why Ron Popeil is a great salesman of kitchen gadgets; or why the inventor of the birth control pill thought the Pope would endorse it. But it falls far short of his three books, which go deep into topics and leave a much more lasting impression/impact.
Book Short: On The Same Page
Book Short:Â On The Same Page
Being on the same page with your team, or your whole company for that matter, is a key to success in business. The Four Obsessions of an Extraordinary Executive, by Patrick Lencioni, espouses this notion and boils down the role of the CEO to four points:
- Build and maintain a cohesive leadership team
- Create organizational clarity
- Overcommunicate organizational clarity
- Reinforce organizational clarity through human systems
Those four points sound as boring as bread, but the book is anything but. The book’s style is easy and breezy — business fiction. One of the most poignant moments for me was when the book’s “other CEO” (the one that doesn’t “get it”) reflects that he “didn’t go into business to referee executive team meetings and delivery employee orientation…he loved strategy and competition.” Being a CEO is a dynamic job that changes tremendously as the organization grows. This book is a great handbook for anyone transitioning out of the startup phase, or for anyone managing a larger organization.
I haven’t read the author’s other books (this is one in a series), but I will soon!
Book Short: Presentation Zen
Book Short:Â Presentation Zen
A few years ago, I blogged about Cliff Atkinson’s book Beyond Bullets. I don’t know whether it’s a better book, or whether the timing of reading it just made a deeper impression on me, but I just read and LOVED Presentation Zen, by Garr Reynolds.
The concept is similar — a bad Powerpoint presentation kills your message as much as that horrendous high school physics teacher turned you off from the natural sciences. Reynolds’s examples are rich, and there are tons of “before and after” slides in the book for the visual learners among us. In addition, he articulates very clearly what I’ve always thought, since my consulting days, made for an excellent presentation: offline storyboarding.
I’d recommend the book to anyone who does a lot of Powerpoint. Relevant Return Pathers, don’t worry, your copies will come soon along with a new training course I’m developing using some of the concepts within.