From Rachel Toor
When I talk to presidents in their first couple of years, I always ask about their team.
How many inherited people in executive positions remain?
Not many, if any.
How many VPs did they know were going to be a problem?
Plenty.
How long did it take to make a change?
Too long.
Usually a couple of VP slots become open because those who have been around a few blocks know the drill. Some presidents tell cabinet members that they will have to apply for the jobs they currently hold; others manage to shock folks who couldn’t read the (neon) writing on the wall and thought they were indispensable. Of course there are leaders who want to surround themselves with mini-me’s.
Who can leaders turn to to learn where the bodies are buried and who can fill them in on the history? Most say to beware of those who row out quickly to greet the ship. Early on one president told me, “I take long-serving administrative assistants out for coffee. They know everything and are rarely asked their opinions.”
All this hiring must happen when a new person is learning the culture of a place, uncovering icky financials and other surprises, and forging a relationship with a board that may or may not be, um, functional.
And then, just when they think they’ve got it covered, someone leaves.
***
Last week’s Sandbox seems to have hit home for way too many presidents. So I want to remind you that if you need a supportive ear, reach out to me. (It should never go without saying: Everything is always confidential and off the record.) At this point, I have a great network and may be able to find some kind of help for those who need it. I’m also always delighted to hear good news, so please don’t be stingy with that, either. I’m rooting for all of you.
I’m interested to hear what you think board chairs could benefit from knowing—that they could hear from someone like me, not the presidents who report to them. If you have ideas, bring them on.