22
Culture as Competitive Advantage Steve Cadigan, @scadigan Winning in the New Reality

Making Culture a Competitive Advantage

Embed Size (px)

Citation preview

Page 1: Making Culture a Competitive Advantage

CultureasCompetitiveAdvantage

SteveCadigan,@scadigan

WinningintheNewReality

Page 2: Making Culture a Competitive Advantage

Theanswertothisquestionsaysitall

Whoisyourmaincompetitor

@scadigan

?

Page 3: Making Culture a Competitive Advantage

WinningTodayAin’t Easy

• Hardtopredictthefuture

• Whoreallybelievesa5yearplan?

• Barriertoentrylowerthanever

@scadigan

Page 4: Making Culture a Competitive Advantage

LinkedInStory

@scadigan

• Createanamazingcompany

• Transformationjourney

• Unexpectedsuccess

Page 5: Making Culture a Competitive Advantage

ResultsDotheTalkin’

@scadigan

• LinkedIngrewstafffrom400to5,000in5years• ConsideredoneoftopIPOsofpastdecade• Doubledrevenuewhiledoublingemployeebasey/y• "Disrupted"anindustry• $26Bexitinonly13yearsfrombirth• Builta"world class"company

Page 6: Making Culture a Competitive Advantage

TheBillionDollarQuestions

• Howdoyoubuildacompanywhen:allyourleadersarerecruitingmostofthetime?

• Howdoyoudoublerevenueseveryyearwhen:youremployeebasedoubleseveryyear?

• Howdoyouavoidsuffocatingfrom:theweightofyoursuccess?

@scadigan

Page 7: Making Culture a Competitive Advantage

@scadigan

TheIronyofLinkedIn’sSuccess

Onpaperthiswasnotsupposedtohappen!

Page 8: Making Culture a Competitive Advantage

BigChallenges

@scadigan

• Scalingwithoutcrumbling

• Culture,Communication,OrgLayers,Titles…• ConstantChanges,GrowthandComplexity

• Newpeople,offices,countries,policies…• Whatbusinessarewein?

• HowdoIfocusmyteaminchaos?

Page 9: Making Culture a Competitive Advantage

MoreChallenges

• Howdoyoubeatthebestcompaniesintheworldinwarfortalent:• Google,Apple,Facebook,Netflix,Amazon…

• Wehadnobrand!!• “Linked…What???”

• Andyet…..wesucceeded

@scadigan

Page 10: Making Culture a Competitive Advantage

TheUntoldStoriesofSuccess

@scadigan

• Execteam“rookies”/firsttimers

• FirsttimeCEO

• Complexbusinessmodel

• Realcompetitivethreats(Google,Facebook&…)

• The“pain”ofgrowth

Page 11: Making Culture a Competitive Advantage

InflectionPoint

@scadigan

• Biggestimpedimenttoourgrowth?• Hiringtoptechtalent

• Ourmainbusinessproduct?• Recruitingproduct

• Ourbiggest pain point?

Page 12: Making Culture a Competitive Advantage

Career“Transformation”

@scadigan

Page 13: Making Culture a Competitive Advantage

CulturewasourFocus

• “Whatkindofcompanydowewanttobe?”

• Everyonebuildsawinningculture

• “Wewantthistobethebestjobyoueverhad!”

@scadigan

Page 14: Making Culture a Competitive Advantage

HowDidWeAchieveSuccess?

• Listening

• Culture++

@scadigan

Page 15: Making Culture a Competitive Advantage

DrivingCareerVelocityDeliveringtransformation

@scadigan

• Talentwasour#1priorityasacompany

• Careervelocitymattered

• Career“bursts”

• Wetoreup“oneyearbeforeyoucanapply”

Page 16: Making Culture a Competitive Advantage

WeFocusedonourBrand

@scadigan

• Issue:weneededtostandoutinacrowd• Solution:• Amazingexperiences• Guestspeakers• Workisan"adventure"

• Virtuouscyclecreated• Messageamplification

Page 17: Making Culture a Competitive Advantage

@scadigan

IfTalentisyourdifferentiatorthen…• Youmustlearnfromyourtalent• Listeningandcollectinginformationisessential• Informationinformsstrategy• Informationprovidesinsightstoadjustcourse

• YouMUSThaveaListeningStrategytoday

NewAssets

Page 18: Making Culture a Competitive Advantage

WewonwithCulture

• InDays creation

• Inspirationalspeakers

• Creating– awesome experiences

• Careertransformation

@scadigan

…Welistenedtothestoriesandresponded

Page 19: Making Culture a Competitive Advantage

ThePathForward

• Theworldisincreasinglytransparent

• Youmusthaveagreatcultureorgreattalentwillnotwanttojoinorstay

• Employerbrandisreal• Sorealyoushouldnottryto“produce”• Yourbrandmustbeauthentic

• Culturemorecriticalthanever@scadigan

Page 20: Making Culture a Competitive Advantage

InSummary

Culturecanbeyour“competitiveadvantage"

• Storiesareyourbrand

• Areyoucreatingexperiencesworthtalkingabout?

• Ishavinganawesomecultureapriority?

• Firststepisbuildingalisteningstrategy

@scadigan

Page 21: Making Culture a Competitive Advantage

SummaryThoughts

• Youcanwinagainstbetterbrands• Withbiggerarsenals

• Youcanbeworld classasafirst timer

• Everyoneengagedinbuildingyourcompanyispowerful!

@scadigan

Page 22: Making Culture a Competitive Advantage

Questions?

Thankyou!