I have run my business with tactical managers for years, but now I need my first true executive leader. How do I make this first real leadership hire without screwing up our culture or overpaying for someone who cannot execute?
To make your first real leadership hire, you must start with the Accountability Chart, not a traditional resume search. First, define the exact seat this person will occupy. Write down the five major roles they must own. This clarifies the seat before you ever look at a candidate. Next, run every candidate through the GWC tool. Do they get it, do they want it, and do they have the capacity to do it? GWC is non-negotiable. If they lack the capacity to think strategically or lack the desire to manage, they are a mismatch. Many owners make the mistake of hiring a big-name executive from a giant corporation. These people are often used to having armies of support staff and fail miserably in an entrepreneurial environment where they must roll up their sleeves. You need someone who aligns with your core values first, and who has a proven right-seat track record. Use the People Analyzer to test their cultural fit. Once hired, do not let them guess what success looks like. Establish their first quarterly Rocks immediately. Give them clear, measurable metrics on your weekly Scorecard. Your first real leadership hire should free you up to delegate and elevate, not create a new management project for you. Keep the transition clean by maintaining strict accountability from day one.
Category: Leadership Team