Unfiltered: How Do Chiefs Of Staff Measure Success?

Chiefs of Staff give us the juicy inside scoop on their success criteria. 🌟

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How do you measure success in your role as Chief of Staff?

After the bunch of comments and praise we received on last week’s edition: So, What Does A Chief Of Staff Actually Do, we decided to do a unfiltered version of one of questions in the interview. We're keeping it real this round, going straight to the Chiefs of Staff for the uncut version of how they measure success in their roles. Here’s what they told us.

When you say ā€˜everything’…?

For me, success hinges on three main factors. The amount of 'founders' time' saved, enabling them to concentrate on their 'Zone of Genius'—for example, designing the product vision—instead of spending time on other topics.

Maximus Decimus Kausmanius.

And finally, achieving operational excellence, where various operational topics on finance, legal, people & culture etc. are set to 'on autopilot' and do not require the founders' attention.

Next is the number of critical mistakes avoided by remaining focused and preemptive.

During our product build, a lot of unquantifiable impact comes from staying focused, foreseeing potential issues, and avoiding critical mistakes that may arise in our approach.

The ā€˜Zone of Genius’.

And finally, achieving operational excellence, where various operational topics on finance, legal, people & culture etc. are set to 'on autopilot' and do not require the founders' attention.

My measure of success is broadly the same measures that the company is measured on—value creation across growth and profitability. When I joined Nexl, I had the ultimate baptism by fire and was tasked to lead and manage our Series A fundraise. In one of the hardest fundraising environments too! We managed to close a Series A with two great Australian investors—Shearwater and EVP—who have just incredible conviction in the problem space we’re playing in and the platform we’ve built.

As soon as I joined, I was building performance dashboards, looking through all our contract data to build MRR schedules, working closely with the CEO and Board to create the right narrative and pulling together all the relevant data, building models and collating our data room. We managed to pull of a great fundraise with supportive investors which I’m incredibly proud to have helped achieve.

Mt Patajo.

Measuring success in the Chief of Staff role can be difficult and ultimately is often down to perception of the principal that you work with. It can be measured through the successful and seamless delivery of projects, the incisive advice or direct feedback you provide to your principal and executive team and your ability to navigate challenging and ambiguous situations with limited supervision.

Katie Noonan.

One of the achievements I'm proud of is that in challenging macro-economic conditions we have maintained a strong internal culture. Our annual engagement survey results showed significant improvement in our focus areas of collaboration and innovation which I focused on throughout the year.

We don't have specific metrics designed to measure my success. It's all about being dependable and providing day-to-day support. A big win for me is seeing the projects I've been involved in, like OKR implementation and regular departmental reporting, become integral parts of our workflow. Also, I'm really proud for being key on shaping our asynchronous work policies from the ground up.

Bea—my wingwoman.

At the end of the day, success in my role is about making impact and being a trusted ally to my CEO and my team.

šŸ’” Note: If you are looking to hire an EA, Chief of Staff, or any other remote role for that matter, my startup Athyna can help.

I see it as my number one goal to create leverage for our partners' time. This is measured by taking things off their plate and owning respective parts of the business that they were previously managing. We set annual and quarterly goals, and I assess our success by whether we executed against them with the tactics we planned or if we need to revisit and adjust the goals, lightening our load when necessary for course correction.

Specific examples of goals I own include Founder NPS, where—given it's an annual goal—I look for signals along the way to gauge success.

Engagement with our team and coaches, feedback on our masterclasses, attendance rates, as well as the network and customer introductions we facilitate.

Jo Robyn.

Other goals include Coaching NPS, the number of founder-focused events we run or host that are topics generated by and add value to the portfolio—not just ones we assume are important—streamlining a number of our internal processes, and launching our first set of playbooks, for which I measure success by piloting and testing with our portfolio.

For me, success is based on how much the co-founders trust me to have their backs and manage critical tasks. An achievement I am most proud of recently would be being the parental leave cover for our CEO, COO and CMO while also managing the M&A process for our recent acquisition.

Maddi Ingham.

Belen Wagaw - COS at SAP

Working for someone who led an organization of 19 thousand people, there were many escalations—my job was to resolve the ones I could, delegate the ones I couldn’t and raise the alarm for the one that needed my exec’s attention.

I’m most proud of giving my executive ā€˜thinking time’. When they don’t have to respond to that e-mail, join that steering committee call or make that organization decision, I’ve done a good job.

I measured success by how many fires I could fight for my executive in the background.

Belen Wagaw

And that's it! You can also go ahead and read our previous edition on the role of Chief of Staff here.

TWEET OF THE WEEK šŸ£ 

This guy builds robots for a living and just raised $675M from Microsoft, OpenAI, Amazon, Nvidia and more. High believability rating.

BRAIN FOOD šŸ§ 

Jon Stewart dropped some political commentary around AI recently and well, you could say … it was rather bearish. Although I am bullish on AI and technology in general I think it’s always good to hear the opposing point of view.

Otherwise we all just end up passing round the crack pipe of technological viagra after all.

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