Archive for the ‘Desmond Pieri’ Category
20 January 2019
Cost Efficient: Most startup CEO’s in high-growth mode would love having a COO, but they don’t want the long-term addition to payroll. My just-finished Interim COO gig at Greentown Labs shows how the short-term expense of an InterimCOO might be the way to go.
2-Week Audit: After completing a two-week “audit” of the existing Greentown operation last April, the CEO asked me to join as interim COO just weeks before the grand opening of the Global Center for Cleantech Innovation. Greentown had just tripled in size making it the largest cleantech incubator in the US.
People and Processes: With Greentown in high-growth mode, I helped the team implement numerous Process / Efficiency improvements to maximize revenue across nearly 100k square feet of space. We strengthened the team by hiring a VP of Operations, a Facility Coordinator, a Wet Lab Technician, a Wet Lab Manager, among other roles.
New Revenue Sources: And I helped the team strategize a plan for increasing revenue from Programs in 2019.
Complement CEO: Whether interim or long term, it is important that the skills of a COO complement those of the CEO, as detailed in this blog post, 9 Reasons Why Your Startup Needs a Mysterious, Unsung Hero..
What I Do: I am a professional interim CEO or COO. Since 2000 I have completed 25 interim roles in the US and abroad, from pure startups to companies with $25 million in revenue. Often starting with a two-week audit, I am an agent of change, helping companies get started, restarted, or grow to the next level. LinkedIn www.linkedin.com/in/DesmondPieri
Posted in A Better Way?, CEO Coach, Change Agent, COO, Des Pieri, Desmond Pieri, Greentown Labs, Hiring COO, Interim, Interim CEO, Interim COO, Interim Management | Leave a Comment »
26 April 2018
If what Alexander Graham Bell invented in 1876 was email – and if the technology invented 95 years later was the telephone – the immediacy of a telephone call would have been seen as an improvement over the delayed back-and-forth communication of email.
Most of us either misuse email ourselves, or we get buried in emails sent by others who misuse email. And many of us hoped that implementing Slack would solve the email problem, but it hasn’t Until all of our suppliers and customers also use Slack — and untill we know when to use Slack and when not to — we still have a need to make email efficient. And we need to use Slack efficiently!
Here’s a collection of 22 tips on how to make email — and Slack — efficient. I contend that, if each of us followed all 22 tips, we’d… (more…)
Posted in A Better Way?, Alexander Graham Bell, Asana, Change Agent, Des Pieri, Desmond Pieri, Email, Email Jail, Slack, Uncategorized | Leave a Comment »
13 March 2018
Most startup CEO’s would love a COO but can’t afford it. So they do the work themselves, even though “COO work” is not what they love. My just-finished Interim COO gig at Workbar is a perfect example of where the short-term expense of an Interim COO might be the way to go.
Workbar is Boston’s original coworking space and has a hub-and-spoke network of 20 locations, each with a unique “four-neighborhood” design. As interim COO, I revamped the management team of this 30-person company, implementing processes to get the company organized, focused, and in sync. As a team, we migrated the company so it can sustain rapid growth in Greater Boston and beyond.
Whether interim or long term, it is important that the skills of a COO complement those of the CEO, as detailed in 9 Reasons Why Your Startup Needs a Mysterious, Unsung Hero..
What I Do: I am a professional interim CEO or COO. Since 2000 I have completed over 20 interim roles in the US and abroad, from pure startups to companies with $25 million in revenue. I am an agent of change, helping companies get started, restarted, or grow to the next level. LinkedIn www.linkedin.com/in/DesmondPieri
Posted in A Better Way?, Change Agent, COO, Des Pieri, Desmond Pieri, Founding CEO, Good CEO, Interim, Interim CEO, Interim COO, Interim Management, The Gig Economy, Uncategorized, Workbar | 3 Comments »
4 March 2018
Chapter Four of Diane Mulcahy’s book, “The Gig Economy” is a must-read for anyone who needs to network – whether you’re part of the gig economy, or you’re someone in a long-term job looking for prospects. We all know the importance of our networks, but many people hate networking.
In 15 pages, Mulcahy’s, “Connect Without Networking” chapter gives step-by-step instructions on how to network in a far more effective way; a way that is more satisfying for everyone.
Some of the key points:
1. Weak vs. Strong Ties: It’s your weak network – acquaintances, not friends – that will be most important. Your weak ties will result in far more new opportunities, whether you are looking for a new gig, or for prospects for your current company.
2. Inbound Connecting: Do you dread the typical networking events with a room full of strangers and a glass of bad wine? Mulcahy tells you how to skip those events and instead apply the digital marketing approach of (more…)
Posted in A Better Way?, Amazon, Change Agent, Desmond Pieri, Diane Mulcahy, Hate Networking, Inbound Connecting, Networking, Outbound Connecting, The Gig Economy | Leave a Comment »
21 January 2016
I have been involved with MassChallenge since its inception, mentoring over a dozen companies. Some went on to become cash prize winners, and most are still on-going concerns. I have also completed three interim assignments, helping MassChallenge itself by working on key operational initiatives. Most recently as Interim COO I implemented organizational changes so we could take the best practices from our Boston accelerator and apply them to the successful launch of MassChallenge UK, our first international in-country program. In 2015 we welcomed 90 startups to our London accelerator while spending $500k under budget. Based on what we learned in the UK, we created a “Play Book” to permit the simultaneous and efficient expansion of MassChallenge to multiple cities around the world, with three cities –- Jerusalem, Geneva, and Mexico City — added in 2016 vs. a plan for two cities. I once again will mentor companies in 2016.
Posted in Boston, Change Agent, Des Pieri, Desmond Pieri, Entrepreneurship & Innovation Program, Innovation and entrepreneurship, Interim, Interim CEO, Interim COO, Interim Management, MassChallenge, MassChallenge Boston, MassChallenge Israel, MassChallenge Mexico, MassChallenge Switzerland, MassChallenge UK, Startups, United Kingdom, United States | Leave a Comment »
31 December 2013
I was lucky to be asked to write the eulogy for my mom’s funeral on December 30th — exactly 51 years to the day after my dad’s funeral. But it wasn’t my work – rather it was the collective work of many people, whose help I appreciate. In case you’re interested, here it is…
There’s an expression, “You only die if no one remembers you.” Based on the many heartfelt stories we’ve received, it’s clear that if ever there is someone who will be remembered, it is Eileen.
Today, let’s remember Eileen with numbers.
As many of you know, Eileen was always good with numbers. Well into her 97th year mom could still rattle off all sorts of numbers such as the World War II dog tags of our dad and her brother. Right out of high school, Eileen became a master at running one of the precursors to the modern computer, a machine called a Comptometer. She was so good at it the bosses gave her some of the toughest calculations to do, often with businessmen in suits and smoking cigarettes hovering over her shoulder waiting until (more…)
Posted in Des Pieri, Desmond Pieri, Eileen Pieri, Eulogy, Red Sox, Uncategorized | Leave a Comment »
10 October 2012
I’ve done 10 interim CEO / interim COO gigs during the last 10 years. In my view, there are four cases when hiring an interim CEO make sense:
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- For The First 3 – 18 Months of a Startup: As detailed in this post (which in turn was prompted by a post from Flybridge Capital Partners venture capitalist Michael Greeley’s) there are times when hiring an interim CEO at the formation of a startup makes sense. Adding the experience of a senior, successful entrepreneur to the passion and vision of the founding entrepreneurs can increase the likelihood of the venture’s success. (This is the role I played at Ember Corporation.)
- Helping a Founding CEO: Often, later in a startup’s life, a founding CEO can use help. Rather than terminating the founder and “throwing the baby out with the bath water,” a better solution might be to bring in an interim COO to counsel the founder, and – in many cases – to actually (more…)
Posted in Business, C-Level, Change Agent, CR2, Des Pieri, Desmond Pieri, Dublin, E Ink, Eink, Ember, Everypoint, Flybridge Capital Partners, HeartSine, Interim, Interim Management, Kindle, Michael Greeley, Startups, Turnaround | 10 Comments »
8 October 2012
In an earlier post I discussed the consistent process I take the first week of each interim CEO / COO assignment. As noted, though my process is consistent across companies, the resultant actions taken are often quite different from company to company. My strangest -– but in hindsight maybe my most effective –- first action was as interim COO at a $20+ million, unprofitable software company: The first thing I did was clean the company kitchen!
Little did I know that -– before the last clean mug was in the strainer -– word traveled to the company’s remote offices in London, Dubai, and Perth that there was a new kid on the block and he was taking no prisoners. Unknown to me at the time, the foundation for a rapid turnaround was in place.
Arriving 45 minutes early that first day -– it’s amazing what you find out about a company arriving 45 minutes early on the first day –- the only employees in the office were four individual contributors having coffee in the company kitchen; a ridiculously extravagant kitchen any TopChef chef would die for.
I was told that the only available coffee cups were in the pile that filled the sink -– a pile of dirty dishes, it was noted, that was indicative of two of the company’s problems. (more…)
Posted in Business, Change Agent, Des Pieri, Desmond Pieri, Interim, Interim Management, Top Chef, Turnaround | 22 Comments »
7 October 2012
Many (most?) founding CEOs don’t survive their VCs. As Galen Moore states in his Mass High Tech piece, “Venture capital investors are notorious for investing in a startup, then replacing its founder with a more-seasoned CEO from their network.” Galen highlights four founding CEOs that have survived, though the article is a bit light on specifics as to how each achieved their success.
Here’s one way: In the last decade, I’ve seen first-hand a number of companies where a founding, first-time CEO heads the VCs off at the pass by bringing in a seasoned COO, on an interim basis, to help them through a rough patch.
It’s true that half of my ten interim assignments have been as CEO, where the VCs wanted to replace a founding CEO. In each case I was asked to take over from a fired founding CEO and “right the ship” before an executive search for an industry-specific CEO could be undertaken.
But the other five interim assignments have been as COO, where the founding CEO themselves decided (more…)
Posted in Business, Change Agent, Des Pieri, Desmond Pieri, Galen Moore, Interim, Interim Management, Mass High Tech, Startups, Steve Hafner, Uncategorized, Venture Capital | 2 Comments »
15 October 2011
When I was signing up for this year’s unConference, I was reminded how last year’s event was great because of the impromptu breakout sessions where it was fair game to discuss controversial subjects. I wish every founding CEO could have been at last year’s session titled, “How founding CEOs can transition from visionary to leader.” Though that was the title, it was clear from the get-go that this session was really about, “How founding CEOs can avoid getting fired before they ever make that transition from visionary to leader.” Eric Paley and Katie Rae, the session leaders, did a great job covering this controversial subject, focusing on solutions to this common problem.
For the last decade, I have been “up close and personal” with the subject of founding CEOs getting fired. As interim CEO at a half dozen companies I bridged the gap after a founding CEO was let go by his investors. And as interim COO at another half dozen companies I helped the founding CEO endure the pressures of their job. (As one founding CEO said when he called asking for help, “Des, I’m one Board meeting away from getting fired. Can you give me a hand?”)
In last year’s unConference session, people had many reasons why founding CEOs get fired “early and often.” The reasons that resonated with me are: (more…)
Posted in Bill Warner, Bouzha Cookman, Change Agent, Des Pieri, Desmond Pieri, Eric Paley, Founding CEO, Interim COO, Interim Management, Katie Ray, Mark Zuckerberg, MassTLC, Uncategorized, unConference, Venture Capital | Leave a Comment »
Cost Efficient: Most startup CEO’s in high-growth mode would love having a COO, but they don’t want the long-term addition to payroll. My just-finished Interim COO gig at Greentown Labs shows how the short-term expense of an InterimCOO might be the way to go.
Change Agent 