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Creating a Culture of CEOs
Creating a Culture of CEOs
A solid team can weather any storm. Leadership, growth, and shared purpose unite organizations and drive them higher.
We sat down with CEO and Founder of Spiff, Jeron Paul, to talk about how he encourages every member of his company to “think like a CEO”. He shared first principles for creating a team based on alignment, motivation, and transparency and a team that was empowered to create effective & efficient solutions during the uncertainty of the pandemic.
Discussion topics
Transparency as a motivational tool for employees and for executive leadership
Repeatable leadership frameworks - for quick decisions and seamless alignment
The role of compensation
Common mental models applied to complex market conditions
Key TAkeaways
Tips for entrepreneurs: Become an Excel Jock! Grab an excel that shows a complex, business critical process that doesn’t scale well and draft a business idea from that. How can you make that process simpler? How can you scale that simplicity?
Developing a team that thinks like a CEO: Everyone should understand their sphere of responsibility. Your team should be completely empowered to think and act like a CEO, have ultimate control over their responsibility, and control over their own ability to make an impact in their job. See more tips here.
The framework for a good CEO: Clarify the mission - have a really detailed understanding of what it will feel like to achieve success and set that for your organization’s vision, mission, and definition of victory. Build a team and a culture that provides critical performance, and they have necessary resources. And lastly, being the chief bottleneck remover, remove the bottlenecks that will help drive performance and achieve your mission.
How to fold compensation into your thinking: Instill your organization's philosophy and culture into your commission. At Spiff, they do this by giving everyone a bit of commission for a sale. This drives alignment with everyone to bring in revenue and drive growth.
The evolution of compensation: A transition to transparency with more data, more information, and more money into your hands faster and faster.
Resources
See how Spiff develops a framework for CEO-type leadership at their org, and how this can be transferred to yours here.