I was a VP at three startups before I came to Amazon with a âlowlyâ Senior Manager title. I was a competent leader and I liked having the VP title, but I was not qualified to be a VP in a giant business like Amazon. Here are three key things you need to do to be an executive at a big company:
At my largest startup I had managed 30 people... the same scope as an Amazon Senior Manager. So my new title was appropriate. But of course it felt like a big step down.
Titles at small firms and startups are more symbolic of your status relative to the scale of the company than your true executive capability.
Having the VP title at this point in my career didnât make me stupid or bad or incompetent, but it also didnât make me executive material for a multinational corporation. If you are currently an executive at a small firm, I am not trying to offend you. I am trying to prepare you to move to a bigger company and become an executive there faster than I did, if you so choose.
To be an executive at a large company, you must:
1) Develop Strategic Vision
2) Lead multi-directionally
3) Lead with influence
Each of these exist to some degree in smaller firms and startups as well. However, strategy is more straightforward when focusing on a single business or product. And, the entire team is smaller, so the need to influence large groups of peers or higher level executives is not as pronounced.
In a massive company, this becomes almost the entire job of the executive.
To start thinking strategically like an executive, keep in mind the difference between planned strategy and emergent strategy. Planned strategy is a deliberate plan to start a new business, while emergent strategy is a response to a trend that is already happening in the business. Consider both as you think.
Once you begin thinking like an executive, you need to lead like one. As a manager or a leader in a small firm, most of your leadership is âdownwardsâ- giving directions to those below you. In a large company, executive leadership is mostly influencing your peers. Since you can no longer use authority as a lever for your leadership, you need to develop your influence.
Ways to develop your influence outside of simply speaking and writing well are:
a) Listening to others and asking sincere questions.
b) Gathering your facts and data.
c) Cultivating your reputation.
d) Controlling your conduct.
e) Building your relationships.
To learn more about how to do each of these, read this weekâs newsletter. I discuss both the strategic thinking and the leadership sides of being an executive in depth.
Read here: https://buff.ly/4gEaL67
Readers- What are other differences between leading a small company and leading a larger one?
At my largest startup I had managed 30 people... the same scope as an Amazon Senior Manager. So my new title was appropriate. But of course it felt like a big step down.
Titles at small firms and startups are more symbolic of your status relative to the scale of the company than your true executive capability.
Having the VP title at this point in my career didnât make me stupid or bad or incompetent, but it also didnât make me executive material for a multinational corporation. If you are currently an executive at a small firm, I am not trying to offend you. I am trying to prepare you to move to a bigger company and become an executive there faster than I did, if you so choose.
To be an executive at a large company, you must:
1) Develop Strategic Vision
2) Lead multi-directionally
3) Lead with influence
Each of these exist to some degree in smaller firms and startups as well. However, strategy is more straightforward when focusing on a single business or product. And, the entire team is smaller, so the need to influence large groups of peers or higher level executives is not as pronounced.
In a massive company, this becomes almost the entire job of the executive.
To start thinking strategically like an executive, keep in mind the difference between planned strategy and emergent strategy. Planned strategy is a deliberate plan to start a new business, while emergent strategy is a response to a trend that is already happening in the business. Consider both as you think.
Once you begin thinking like an executive, you need to lead like one. As a manager or a leader in a small firm, most of your leadership is âdownwardsâ- giving directions to those below you. In a large company, executive leadership is mostly influencing your peers. Since you can no longer use authority as a lever for your leadership, you need to develop your influence.
Ways to develop your influence outside of simply speaking and writing well are:
a) Listening to others and asking sincere questions.
b) Gathering your facts and data.
c) Cultivating your reputation.
d) Controlling your conduct.
e) Building your relationships.
To learn more about how to do each of these, read this weekâs newsletter. I discuss both the strategic thinking and the leadership sides of being an executive in depth.
Read here: https://buff.ly/4gEaL67
Readers- What are other differences between leading a small company and leading a larger one?