Insight certainty 3/5 debate potential 3/5

PIPs Fail Because Conflict-Averse Managers Initiate Them Three Months Too Late

Chandra Narayanan · Chandra Narayanan: Top 5 Lessons from Leading Analytics at Facebook | E1126 · 20VC with Harry Stebbings · Mar 13, 2024 · at 1:09:16

Chandra Narayanan, former Facebook head of analytics and Sequoia Chief Data Scientist, discusses why performance improvement plans (PIPs) consistently fail in tech companies.

0:00 / 0:53exact quote · 53.1s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“I think when you put up someone on a performance plan, it's three months too late. It's three months before you should have intervened and tried to do the right thing. What happens most of the times is that people put them on the improvement plan when they've already decided there's no chance of success. And that is why it doesn't work. If you think there's a twenty-plus, if you think there's a 70% chance of there, a 60% chance of them succeeding and you put them on a performance plan, then it might work. But what ends up happening is that we time it so badly. We time it at 10% or five percent or not even one percent. And I think it's the timing which is a problem. And most managers take too late to interview. And so, and they're not willing to have honest direct conversations. And because they don't have direct conversations, it becomes that much harder. Largely because most of us are conflict-averse and we won't have those conversations. And it becomes too late.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Chandra Narayanan

Insight
Zuckerberg Spent 80% of His Time at Facebook Outside Comfort Zone
“Mark once said in a Q and A in internal to Facebook that he said that he, and a lot of the reasons why we do that is because of how secure we are as people. And he would basically say that Something like, I don't know what exact number, but he said like, 80% o…”
Chandra Narayanan Mar 13, 2024 ▶ 10:04 Chandra Narayanan: Top 5 Lessons from Leading Analytics at Facebook | E1126 · 20VC with Harry Stebbings
Disclosure
Sequoia's Data Team Stopped the Firm From Making Bad Investments
“Many of this, by the way, that, that we stopped Sequoia from investing where I think they would have otherwise invested. It was so close to investment.”
Chandra Narayanan Mar 13, 2024 ▶ 14:30 Chandra Narayanan: Top 5 Lessons from Leading Analytics at Facebook | E1126 · 20VC with Harry Stebbings
Insight
Fast Hiring Dilutes Talent Density From A-Plus to A Players
“One thing, if you add more people, what happened is you, the A plus players becomes A and so on. And very fast, you need to get to grow very slowly so you can reach equilibriums very slowly and then keep The value of the entire team high. So do not hire very f…”
Chandra Narayanan Mar 13, 2024 ▶ 20:13 Chandra Narayanan: Top 5 Lessons from Leading Analytics at Facebook | E1126 · 20VC with Harry Stebbings
Insight
Startups Must Centralize Growth Teams Before Decentralizing Into Product Teams
“I think the answer at an earliest stage of your growth, I think they should be a standalone team. I think it's for two reasons. One is I think it's the, is for the best practices, meaning that they can learn from each other and then they can go solve problems …”
Chandra Narayanan Mar 13, 2024 ▶ 36:53 Chandra Narayanan: Top 5 Lessons from Leading Analytics at Facebook | E1126 · 20VC with Harry Stebbings
Insight
High Growth Rate Beats High Initial Capability Over Time Due to Compounding
“People with a slower asymptote, the faster growth is, are going to overtake. And I generally tend to invest in people over a very long period of time, but within reason, within two people, Within slope and this, I know that basically the effect of compounding …”
Chandra Narayanan Mar 13, 2024 ▶ 1:02:36 Chandra Narayanan: Top 5 Lessons from Leading Analytics at Facebook | E1126 · 20VC with Harry Stebbings
Opinion
Chris Cox Excelled at Scaling Facebook, Not Turnarounds
“I mean, Chris Cox, excellent exec. For going from, at Facebook, Kristoff is excellent at good to great. I don't think he was good at okay to bad to okay”
Chandra Narayanan Mar 13, 2024 ▶ 1:12:15 Chandra Narayanan: Top 5 Lessons from Leading Analytics at Facebook | E1126 · 20VC with Harry Stebbings
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.