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What’s the first thing you would do if you get appointed as the new CEO of a company? How would you spend your first week? In this episode, Sharran shares the story of one of their partner companies which he helped grow 4X in 3 years, and how they hired a new CEO for the company. So get ready to hear the behind-the-scenes of how Amanda, the new CEO, spent her first week and what she did after. Sharran and Amanda prepared five questions to ask each team member. You can use the same questions for your team or tweak them accordingly. Now, let’s hear Amanda’s story.
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“Good process drives good results.”
– Sharran Srivatsaa
Timestamps:
00:00 Something that no one will tell you about
01:46 Here’s a quick background
03:31 Taking a chance on a first-time CEO
04:27 What Sharran asked the new CEO
05:41 What Amanda committed to doing on her first week as the new CEO
06:55 How did Sharran and Amanda come up with the questions to ask each team member?
08:33 Question #1: Teach me something
10:21 Question #2: What do you love about the company or your role?
11:21 Question #3: What happens before you and after you?
14:10 Question #4: What is the one goal of the company that you feel good about? (THIS is actually a trick question!)
15:54 Question #5: If you were the CEO for a day, what would you do, assuming you have an unlimited budget?
17:10 Recap of the five questions and what Amanda did after
18:03 Two important lessons from this episode
Resources:
– Sharran’s Partnership Program
– Join the 10K Wisdom Private Partner Podcast, now available to you for free
– Grab Sharran’s 4-Week MBA for Free
Connect with Sharran:
– YouTube