Andy Price on Building World-Class Teams: Process is Overrated

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Andy Price on Building World-Class Teams: Process is Overrated

HR Heretics

Oct 10, 2024

Transcript

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: hrheretics@turpentine.co

HR Heretics is a podcast from Turpentine.

🔥 Apply to join over 400 Founders and Execs in the Turpentine Network:

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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:

https://artisanalv.com/

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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

Discussion about this podcast

“HR Heretics” | How CPOs, CHROs, Founders, and Boards Build High Performing Companies

After a decade+ of “blitz-scaling” companies, HR, talent, and People leaders now face an uncertain economy that has already seen big booms and busts. What will it take to construct the next generation of incredible businesses – and where can people leaders have the most business impact?

Hosts Nolan Church and Kelli Dragovich have been through it all, the highs and the lows – IPOs, layoffs, executive turnover, board meetings, culture changes, and more. With a lineup of industry vets and experts, Nolan and Kelli break down the nitty-gritty details, trade offs, and dynamics of constructing high performing companies. Through unfiltered conversations that can only happen between seasoned practitioners – Kelli and Nolan dive deep into the kind of leadership-level strategy that often happens behind closed doors.

This show is for those who are ready to ditch conventional wisdom and figure out from first principles what works for their culture, business model, and industry, with the goal of building a resilient and enduring company. You’ll come away with real guidance for seeing around corners, building enduring companies, and carving out an impactful career – plus a newly-honed bullshit detector.

Topics frequently touched on in this season include: building high performing cultures, compensation negotiation, performance reviews, company design, equity, M&As, recruiting the best talent, and how to manage your own psychology as a people leader.

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