Scott Dietzen, Vice Chairman and former CEO of Pure Storage, discusses how leaders should manage team morale when facing deal losses and operational challenges.
0:00 / 0:07exact quote · 7.7s
720p mp4 · rendered on demand · StarZero watermark
“Well, so I think the morale, if you're not being realistic, the morale is fake, right? And so you're inflating things in a way that's not sustainable.”
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 Scott Dietzen
Insight
Unhappy customers create 10x more downside than happy customers create upside
“10 X more downside for an unhappy customer than upside for a happy customer.”
Scott DietzenFeb 28, 2022▶ 18:4520VC: 3 Biggest Mistakes Founders Make When Scaling, Management 101 on Trust Building, Morale Maintenance and Hiring & What We Can Learn About Parenting From Nature Programs with Scott Dietzen
Insight
Top 1% engineers are 10x more productive than top 10%
“The difference between a top one percent and a top 10% engineer is pretty dramatic. You know, it's like tenfold productivity, and so it's really, really crucial, you know, to get that.”
Scott DietzenFeb 28, 2022▶ 19:5620VC: 3 Biggest Mistakes Founders Make When Scaling, Management 101 on Trust Building, Morale Maintenance and Hiring & What We Can Learn About Parenting From Nature Programs with Scott Dietzen
Disclosure
Pure Storage rejected top valuations to secure better board members
“We never took the highest valuation that was offered to us. We chose a fair and good evaluation in order to get the best possible board participation for the company.”
Scott DietzenFeb 28, 2022▶ 26:0020VC: 3 Biggest Mistakes Founders Make When Scaling, Management 101 on Trust Building, Morale Maintenance and Hiring & What We Can Learn About Parenting From Nature Programs with Scott Dietzen
Insight
Startups need competition to build market categories
“I mean, you actually need competition to build markets. If you're the only company in a space, it's, it can be a lot harder.”
Scott DietzenFeb 28, 2022▶ 7:4120VC: 3 Biggest Mistakes Founders Make When Scaling, Management 101 on Trust Building, Morale Maintenance and Hiring & What We Can Learn About Parenting From Nature Programs with Scott Dietzen
Insight
Leaders should execute quick terminations rather than using PIPs
“When you're a leader, if your bit flips on somebody, if you lose confidence, then you need to make the change. And I don't like pips. You know, I think I'm much more in the Frank Slutman school on this one. You make changes quickly in order to keep the team on…”
Scott DietzenFeb 28, 2022▶ 15:0620VC: 3 Biggest Mistakes Founders Make When Scaling, Management 101 on Trust Building, Morale Maintenance and Hiring & What We Can Learn About Parenting From Nature Programs with Scott Dietzen
Insight
Startups need top 0.1% talent in engineering, not in finance
“There are other functions inside the business that, you know, you don't necessarily need to be the best In the world at finance and accounting, right? You want to be good, and you better be squeaky clean, but you don't have to hire the top one-tenth of one per…”
Scott DietzenFeb 28, 2022▶ 20:1320VC: 3 Biggest Mistakes Founders Make When Scaling, Management 101 on Trust Building, Morale Maintenance and Hiring & What We Can Learn About Parenting From Nature Programs with Scott Dietzen
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.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.