Thoughts for the First Time Vice President
Holly Scott
Senior Partner at The Mullings Group | Global Medical Device & Life Sciences | Executive Search-Building Companies and Careers
This week I had an individual I have known for years accept a role with a new organization as Vice President. With his ambition, expertise, and resounding support from all he has mentored along the way, this is a well-earned opportunity. Regardless of functional area or industry, there are a few universal truths about taking on the seat of second in command. I shared this advice with him as he prepared for his transition.
1. Your number one focus is to serve the greater good of the organization. You are put in that position because you can see the big picture and take appropriate measures to obtain the goal. This will involve seeing things differently than other members of leadership. Do not misstep by believing your role is to serve your CEO exclusively.
2. You are a prominent face of the organization. As VP, you are an extension of the company's identity in the marketplace. You will have greater responsibility interfacing with key stakeholders both inside and outside the organization. Ensure you have the polish and business acumen to present at the board and investor level.
3. Learn from those around you for the first three to six months. Engage and build trust with your team before making any decisions involving change. Do not be afraid to ask questions, you are not expected to know everything. Make notes about your observations.
A few example reflections:
Why is one team celebrating, while the others are despondent?
Where are the efficiency gaps and why?
Are the teams harmonizing on the same goals?
Is each member of the team contributing at capacity, and if not, why?
When there is a level of credibility and trust established, your team is more likely to get behind any changes you deem necessary for the health of the company.
4. Learn how to communicate effectively with the CEO. Are daily or weekly sync meetings preferred? What is the optimal time of day? Is an email with agenda in advance useful? Consider a blend of phone calls, quick standup meeting check-ins, and offsite meetings as each provide a different experience for the both of you. Look to the CEO for initial preferences as you get the cadence down early in your relationship.
4. You are an extension of the CEO. Align with the CEO’s vision and work together on the plan of execution. You are in the seat to offer diversity of thought and opinion, however, represent a united front. This is always and without exception. Dissension amongst leadership can be a crack that permeates every aspect of an otherwise positive culture.
5. Mentor others to be better than you, and it starts with your example. There is no greater lesson than those who learn by your actions. Your greatest career legacy will be leaving others behind you with the lessons you have learned and empowering them to maximize their own potential. Never underestimate the reward of seeing others you have mentored shine.
The VP spot is one of great responsibility, regardless of industry. Your responsibility is to maximize optimal outcomes both internally and externally to the organization. Where there is challenge there is growth, and the positive impact you make on the team can be one of your most valuable career rewards.
Wonderful insights Holly, thanks for sharing.
Account Director - Marketing Director - Healthcare
4 年This is great advice - thanks!!
Leader of a family business and a former college football coach that helps businesses build virtual universities, and individuals get 1% better everyday.
4 年Great article Holly. Thanks for the share
Merging analysis of dollars and data to drive operations, relationships and spend for 5th largest health insurer in US
4 年Thank you Holly Scott for the great insights.