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  • Tech Book of the Month
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December 2021 - Trillion Dollar Coach: The Leadership Playbook of Silicon Valley's Bill Campbell by Eric Schmidt, Jonathan Rosenberg, and Alan Eagle

This month we read a book about famous CEO and executive coach, Bill Campbell. Bill had an unusual background for a silicon valley legend: he was a losing college football coach at Columbia. Despite a late start to his technology career, Bill’s timeless leadership principles and focus on people are helpful for any leader at any size company.

Tech Themes

  1. Product First. After a short time at Kodak, Bill realized the criticality of supporting product and engineering. As a football coach, he was not intimately familiar with the intricacies of photographic film. Still, Campbell understood that the engineers ultimately determined the company's fate. After a few months at Kodak, Bill did something that no one else ever thought of - he went into the engineering lab and started talking to the engineers. He told them that Fuji was hot on Kodak's heels and that the company should try to make a new type of film that might thwart some competitive pressure. The engineers were excited to hear feedback on their products and learn more about other aspects of the business. After a few months of gestation, the engineering team produced a new type of film: "This was not how things worked at Kodak. Marketing guys didn't go talk to engineers, especially the engineers in the research lab. But Bill didn't know that, or if he did, he didn't particularly care. So he went over to the building that housed the labs, introduced himself around, and challenged them to come up with something better than Fuji's latest. That challenge helped start the ball rolling on the film that eventually launched as Kodacolor 200, a major product for Kodak and a film that was empirically better than Fuji's. Score one for the marketing guy and his team!" Campbell understood that product was the heart of any technology company, and he sought to empower product leaders whenever he had a chance.

  2. Silicon Valley Moments. Sometimes you look back at a person's career and wonder how they managed to be at the center of several critical points in tech history. Bill was a magnet to big moments. After six unsuccessful years as coach of Columbia's football team, Bill joined an ad agency and eventually made his way to the marketing department at Kodak. At the time, Kodak was a blockbuster success and lauded as one of the top companies in the world. However, the writing was on the wall, film was getting cheaper and cheaper, and digital was on the rise. After a few years, Bill was recruited to Apple by John Sculley. Bill joined in 1983 as VP of Marketing, just two years before Steve Jobs would famously leave the company. Bill was incessant that management try to keep Jobs. Steve would not forget his loyalty, and upon his return, Jobs named Campbell a director of Apple in 1997. Bill became CEO of Claris, an Apple software division that functioned as a separate company. In 1990, when Apple signaled it would not spin Claris off into a separate company, Bill left with the rest of management. After a stint at Intuit, Bill became a CEO coach to several Silicon Valley luminaries, including Eric Schmidt, Steve Jobs, Shellye Archambeau, Brad Smith, John Donahoe, Sheryl Sandberg, Jeff Bezos, and more. Bill helped recruit Sandberg and current CFO Ruth Porat to Google. Bill was a serial networker who stood at the center of silicon valley.

  3. Failure and Success. Following his departure from Claris/Apple, Bill founded Go Corporation, one of the first mobile computers. The company raised a ton of venture capital for the time ($75m) before an eventual fire-sale to AT&T. The idea of a mobile computer was compelling, but the company faced stiff competition from Microsoft and Apple's Newton. Beyond competition, the original handheld devices lacked very basic features (easy internet, storage, network and email capabilities) that would be eventually be included in Apple's iPhone. Sales across the industry were a disappointment, and AT&T eventually shut down the acquired Go Corp. After the failure of Go. Corporation, Bill was unsure what to do. John Doerr, the famous leader of Kleiner Perkins, introduced Bill to Intuit founder Scott Cook. Cook was considering retirement and looking for a replacement. Bill met with Cook, but Cook remained unimpressed. It was only after a second meeting where Bill shared his philosophy on management and his focus on people that Cook considered Campbell for the job. Bill joined Intuit as CEO and went on to lead the company until 1998, after which he became Chairman of the board, a position he held until 2016. Within a year of Campbell joining, Microsoft agreed to purchase the company for $1.5b. However, the Justice Department raised flags about the acquisition, and Microsoft called off the deal in 1995. Campbell continued to lead the company to almost $600M of revenue. When he retired from the board in 2016, the company was worth $30B.

Business Themes

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  1. Your People Make You a Leader. Campbell believed that people were the most crucial ingredient in any successful business. Leadership, therefore, was of utmost importance to Bill. Campbell lived by a maxim passed by former colleague Donna Dubinsky: "If you're a great manager, your people will make you a leader. They acclaim that, not you." In an exchange with a struggling leader, Bill added to this wisdom: "You have demanded respect, rather than having it accrue to you. You need to project humility, a selflessness, that projects that you care about the company and about people." The humility Campbell speaks about is what John Collins called Level 5 leadership (covered in our April 2020 book, Good to Great). Research has shown that humble leaders can lead to higher performing teams, better flexibility, and better collaboration.

  2. Teams Need Coaches. Campbell loved to build community. Every year he would plan a trip to the super bowl, where he would find a bar and set down roots. He'd get to know the employees, and after a few days, he was a regular at the bar. He understood how important it was to build teams and establish a community that engendered trust and psychological safety. Every team needs a good coach, and Campbell understood how to motivate individuals, give authentic feedback, and handle interpersonal conflicts. "Bill Campbell was a coach of teams. He built them, shaped them, put the right players in the right positions (and removed the wrong players from the wrong positions), cheered them on, and kicked them in their collective butt when they were underperforming. He knew, as he often said, that 'you can't get anything done without a team.'" After a former colleague left to set up a new private equity firm, Bill checked out the website and called him up to tell him it sucked. As part of this feedback style, Bill always prioritized feedback in the moment: "An important component of providing candid feedback is not to wait. 'A coach coaches in the moment,' Scott Cook says. 'It's more real and more authentic, but so many leaders shy away from that.' Many managers wait until performance reviews to provide feedback, which is often too little, too late."

  3. Get the Little Things Right. Campbell understood that every interaction was a chance to connect, help, and coach. As a result, he thought deeply about maximizing the value out of every meeting: "Bill took great care in preparing for one-on-one meetings. Remember, he believed the most important thing a manager does is to help people be more effective and to grow and develop, and the 1:1 is the best opportunity to accomplish that." Meetings with Campbell frequently started with family and life discussions and would move back and forth between business and the meaning of life - deep sessions that made people think, reconsider what they were doing and come back energized for more. He also was not shy about addressing issues and problems: "There was one situation we had a few years ago where two different product leaders were arguing about which team should manage a particular group of products. For a while, this was treated as a technical discussion, where data and logic would eventually determine which way to go. But that didn't happen, the problem festered, and tensions rose. Who was in control? This is when Bill got involved. There had to be a difficult meeting where one exec would win and the other would lose. Bill made the meeting happen; he spotted a fundamental tension that was not getting resolved and forced the issue. He didn't have a clear opinion on how to resolve the matter, on which team the product belonged, he simply knew we had to decide one way or another, now. It was one of the most heated meetings we've had, but it had to happen." Bill extended this practice to email where he perfected concise and effective team communication. On top of 1:1's, meetings, and emails, Campbell stayed on top of messages: ""Later, when he was coach to people all over the valley, he spent evenings returning the calls of people who had left messages throughout the day. When you left Bill a voice mail, you always got a call back." Bill was a master of communication and a coach to everyone he met.

Dig Deeper

  • Intuit founder Scott Cook on Bill Campbell

  • A Conversation between Brad Smith (Intuit CEO) and Bill Campbell

  • A Bill Campbell Reading List

  • Silicon Valley mourns its ‘coach,’ former Intuit CEO Bill Campbell

  • CHM Live | Trillion Dollar Coach: The Leadership Playbook of Silicon Valley’s Bill Campbell

tags: Intuit, Google, ServiceNow, Eric Schmidt, Jonathan Rosenberg, Alan Eagle, Columbia, Bill Campbell, Shellye Archambeau, John Donahoe, Jeff Bezos, Steve Jobs, Go Corporation, Football, Kodak, Fuji, Apple, Claris, Sheryl Sandberg, Brad Smith, Ruth Porat, AT&T, John Doerr, Microsoft, Donna Dubinsky, John Collins, Leadership
categories: Non-Fiction
 

October 2021 - Unapologetically Ambitious by Shellye Archambeau

This month we hear the story of famous technology CEO Shellye Archambeau, former leader of GRC software provider, Metricstream. Archambeau packs her memoir full of amazing stories and helpful career advice; the book is a must-read for any ambitious leader looking for how to break into Silicon Valley’s top ranks.

Tech Themes

  1. The Art of the Pivot. When Archambeau joined Zaplet in 2003 as its new CEO, she had a frank conversation with the chairman of the board Vinod Khosla. She asked him one question: “You have a great reputation for supporting your companies, but you also have a reputation of being strong-willed and sometimes dominating. I just need to know before I answer [where I will take the job], are you hiring me to implement your strategy, or are you hiring me to be the CEO?” Vinod responded: “I would be hiring you to be the CEO, to run the company, fully responsible and accountable.” With that answer, Archambeau accepted the job and achieved her life-long goal of becoming a CEO before age forty. Archambeau had just inherited a struggling former silicon-valley darling that had raised over $100M but had failed to translate that money into meaningful sales. Zaplet’s highly configurable technology was a vital asset, but the company had not locked on to a real problem. Struggling to set a direction for the company, Archambeau spoke with board member Roger McNamee, who suggested pivoting into compliance software. In early 2004, Zaplet merged with compliance software provider MetricStream (taking its name), with Archambeau at the helm of the combined company. She wasn’t out of the woods yet. The 2008/09 financial crisis pushed MetricStream to the brink. With less than $2M in the bank, Archambeau ditched her salary, executed a layoff, and rallied her executive through the financial crisis. As banks recapitalized, they sought new compliance and risk management platforms to avoid future issues, and MetricStream was well-positioned to serve this new set of highly engaged customers. Archambeau’s first and only CEO role lasted for 14 years, as she led Metricstream to $100M in revenue and 2,000+ employees.

  2. Taking Calculated Risks. Although Archambeau architected a successful turnaround, her career was not without challenges. After years of working her way up at IBM, Archambeau strategically chose to seek out a challenging international assignment, an essential staple of IBM’s CEOs. While working in Tokyo as VP and GM for Public Sector in Asia Pacific, Archambeau was not selected for a meeting with Lou Gerstner, IBM’s CEO. She put it bluntly: “I was ranked highly in terms of my performance - close to the top of the yearly ranking, not just in Japan, but globally. Yet I was pretty sure I wasn’t earning the salary many of my colleagues were getting.” It was then that Archambeau realized that she might need to leave IBM to achieve her goal of becoming CEO. She left IBM and became President of Blockbuster.com, as they were beginning to compete with Netflix. Blockbuster was staunch in its dismissal of Netflix, refusing to buy the streaming company when it had a chance for a measly $50M. Archambeau was unhappy with management’s flippant attitude toward a legitimate threat and left Blockbuster’s Dallas HQ after only 9 months. After this difficult work experience, Archambeau sought out work in Silicon Valley, moving to the nation’s tech hub without her family. She became Head of Sales and Marketing for Northpoint Communications. The company was fighting a losing DSL cable battle, and after a merger with Verizon fell through, the company went bankrupt. Then Archambeau became CMO of Loudcloud, Ben Horowitz’s early cloud product covered in our March 2020 book, The Hard Thing About Hard Things. But things were already blowing up at Loudcloud, and after a year, Archambeau was looking for another role following the sale of LoudCloud’s services business to EDS. At 40 years old, Archambeau had completed international assignments, managed companies across technology, internet, and telecom, and seen several mergers and bankruptcies. That experience laid the bedrock for her attitude: “After the dot-com bubble burst, I would need to double down and take greater risks, but-and this probably won’t surprise you-I had planned for this…It’s 2002, I’m almost forty, I’ve learned a great deal from Northpoint and Loudcloud, and I’m feeling ready for my chance to be a CEO.” Archambeau was always ready for the next challenge, unafraid of the risks posed - prepared to make her mark on the Tech industry.

  3. Find the Current. Trends drive the Tech industry, and finding and riding those trends can be hugely important to creating a career. As in Archambeau’s journey, she saw the growing role of technology as an intern at IBM in the 1980s and knew the industry would thrive over time. As the internet and telecom took hold, she jumped into new and emerging businesses, unafraid of roadblocks. As she puts it: “Ultimately, when it comes to reaching your goals, the real skill lies in spotting the strongest current - in an organization, in an industry, even in the larger economy - and then positioning yourself so it propels you forward. Sail past the opportunities that lead you into the weeds and take the opportunities that will move you toward your goals.”

Business Themes

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  1. The Power of Networking. One of Archambeau’s not-so-secret strategies toward career success was networking. She is a people person and radiates energy in every conversation. Beyond this natural disposition, Archambeau took a very concerted and intentional approach toward building her network, and it shows. Archambeau crosses paths with Silicon Valley legends like Bill Campbell and Ben Horowitz throughout the book. Beyond one-to-one mentorship relationships, Archambeau joined several organizations to grow her network, including Watermark, the Committee of 200, ITSM Form, Silicon Valley Leadership Group, and more. These groups offered a robust foundation and became a strong community, empowering and inspiring her to lead!

  2. Support and Tradeoffs. As a young college sophomore, Archambeau knew she wanted to be the breadwinner of the family. When she met her soon-to-be husband Scotty, a 38-year-old former NFL athlete, she was direct with him: “I would really like to be able to have someone stay home with the kids, especially when they are in school. But the thing is…I just don’t want it to be me.” Scotty thought patiently, “You know, Archambeau, I’ve had a lot of experiences in my life. I’ve had three different careers and you know I like working. But, I think I could see myself doing that, for you.” That was the icing on top of the cake. The two married and had two children while Archambeau worked up the ranks to become CEO. Scotty took care of the kids, Kethlyn and Kheaton, when Archambeau moved to Silicon Valley for work. She understood the tough tradeoff she was making and acknowledged that her relationship with her daughter felt more strained during Kethlyn’s teenage years. It begs the question, how comfortable are you with the tradeoffs you are making today? Moving to a new city to pursue a career that may strain family dynamics is never an easy decision. Family was always important to Archambeau, but it became front and center when Scotty was diagnosed with blood cancer in 2010. Although she was still CEO of MetricStream, things changed: “I had accumulated vacation days, I was putting off trips and experiences for ‘when the time was right’…We’re going to do things that we would have waited to do. We’re going to them now.” Family and friends became a priority - they always were!

  3. Earning Respect. As a Black woman in Technology, Archambeau had to overcome the odds repeatedly. She recounted: “As a young African American woman, I was accustomed to earning respect. Whenever I got a promotion or a new job, I walked into it understanding that people likely would assume I was not quite qualified or not equity ready. I presumed I need to establish relationships and credibility, to develop a reputation, to prove myself.” While incredibly sad that Archambeau had to deal with this questioning, she learned how to use it to her advantage. As her family moved around the country, Archambeau faced repeated challenges: getting denied from taking advanced classes in school, getting bullied and beaten walking home from school, and starting high school with leg braces in a new city. Through these difficulties, she developed a simple methodology for getting through tough times: “Accept the circumstances, fake it ‘til you make it, control what you can, and trust that things will get better.” Archambeau took that mentality with her and earned the respect of the entire IBM Japan when she presented her introduction slides entirely in Japanese to build trust with her new co-workers. It was the first time a foreign executive had done so. Archambeau’s ability to boldly take action in face of many obstacles is impressive.

Dig Deeper

  • Knowing Your Power | Shellye Archambeau | TEDxSonomaCounty

  • Spelman College Courageous Conversations - Shellye Archambeau

  • Shellye Archambeau: Becoming a CEO (A) - A Harvard Business School Case

  • MetricStream Raises $50M to Take on the GRC Market

tags: Metricstream, Zaplet, Shellye Archambeau, Vinod Khosla, Ben Horowitz, Loudcloud, Bill Campbell, GRC, Japan, Lou Gerstner, IBM, Blockbuster, Netflix, Silicon Valley, Silver Lake, Roger McNamee, Northpoint Communications, Verizon
categories: Non-Fiction
 

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