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Oct. 10, 2024

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

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

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.

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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/

LINKS:

Artisanal Ventures:

https://artisanalv.com/

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



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