How Big Should Your Org Grow?

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How Big Should Your Org Grow?

With Michelle Delcambre, Operating Partner at Felicis and Formerly Stripe, Atlassian

HR Heretics

Jun 06, 2024

Transcript

In this episode of HR Heretics, Kelli Dragovich and Nolan Church welcome Michelle Delcambre, an operating partner at Felicis (and formerly of Stripe & Databricks), to discuss company growth trajectories, and strategic HR practices around talent, comp, and exits.

Michelle shares the development of Felicis’ ‘Benchmark Your Org' tool — which you can access here — it’s a free platform utilizing data from 15,000 companies, updated monthly, to help founders benchmark organizational growth. This conversation, which is one of Nolan's favorite episodes of the year, covers common founder mistakes and offers insights around pre-negotiated exit packages, comp strategies, company attrition, and so much more.

*Email us your questions or topics for Kelli & Nolan: hrheretics@turpentine.co

HR Heretics is a podcast from Turpentine.

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LINKS:
Benchmark Your Org: https://www.felicis.com/benchmark

LINKEDIN:
Michelle: https://www.linkedin.com/in/michelledelcambre/
Nolan: https://www.linkedin.com/in/nolan-church/
Kelli: https://www.linkedin.com/in/kellidragovich/

TIMESTAMPS:
(00:00) Intro
(04:30) Actually useful benchmarks for founders
(07:25) What metrics do people care about now?
Boomerangs
(09:30) Missing people data metrics
(10:30) The talent vortex
(15:35) Sponsors: WorkVivo | Attio
(18:15) The anxiety of the “Regrettable attrition” metric and boomerang employees
(23:07) Compensation challenges in startups
(25:52) Tender offers and secondary markets
(28:13) Innovative solutions for employee equity
(38:41) Pre-negotiated severance and employee retention
(43:56) Common mistakes founders make
(49:36) 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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