The Ledger
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Justin Kim: Leaders should accept existing company culture instead of changing it
“I wouldn't try to change the culture. For my experiences, the company culture is kind of what it is, and it's really just making the most of it, and trying to get the teams that can kind of work within that culture.”
Kim: Team Turnover at M-Files Was Almost Always Driven by Culture Fit
“If I just did a quick, again, not scientific, my sense for what didn't work, was it a performance skill set issue, or was it a lack of culture fit? Almost always for me, it was culture fit.”
M-Files Built Systems for $100M Scale at $20M–$30M Revenue
“For us in 2018 is when we did a big system rebuild went to NetSuite and brought on some other, other solutions. We clearly designed the business though for looking three, four, five years ahead, we were probably in the 20, thirty million range when we were doi…”
Kim: Business Units, Not Finance Teams, Must Own Forecasts
“You don't want the forecast to be your forecast. It's not my finance forecast, right? That's gotta be owned by the business. So if you happen to miss, the whole business is accountable, right?”
M-Files Rigorously Forecasts Only Current and Next Quarter
“Don't try to forecast too far ahead. We have, we're pretty rigorous. We always look at this quarter and next quarter, and that's it. If we're asked for something two, three quarters ahead, you know, we can get some ballpark estimates, but we don't know.”