In today’s episode of The Startup Chat, Steli and Hiten talk about consistency in execution.
Consistency is something very important to Steli and Hiten and it is what makes the difference between good teams and great ones.
Tune in to this week’s episode to hear Steli and Hiten thoughts on how teams execute consistently, why it's important to do so, tips to help you and your team become more consistent and much more.
Time Stamped Show Notes:
00:28 Steli introduces today’s episode.
01:41 Why it’s important to have values as an organization and be consistent at living them.
02:08 Why you need rules and guidelines to be consistent.
02:24 Why clarity is important to achieve consistency.
03:33 You should be able to demonstrate that every team member is committed to the guidelines.
03:30 Why it’s important to have your values written down.
04:11 The definition of consistency.
04:49 Some reasons why teams are not consistent.
05:46 How you can be consistent.
07:23 Steli has an “aha” moment.
3 Key Points:
If you have values, you should consistent in living them as an organization.
You can’t be consistent without having your values written down.
If we want to be the greatest team there is, we can’t fuck around.
Steli: Hey everybody. This is Steli Efti with The Startup Chat. And for the first time in over three years, I've messed up. I forgot to hit the record button at the first two or three minutes of the podcast today. The topic is gonna be about consistency and execution. Now I obviously broke the rule not consistently clicking the record button. And here's what we're gonna talk about. The meat, the best content of the episode is all recorded, so don't worry. But I just want wanted to reintroduce it so the episode doesn't start kind of in a weird way. Consistency is one of the most important topics for me personally, I know for as well. It is what makes the difference between people and teams, and companies that are good, versus those that are truly great. It is the enabling factor to true greatness in my opinion. And in today's podcast, we're gonna unpack that. We're gonna poke holes in this theory. We're gonna challenge each other. We're gonna talk about how teams execute consistently, why it's important, and how you can think about it in a little bit of a different way that might enable you to become a lot more consistent and kill it in your execution. All right, without further ado, enjoy the episode.
Hiten: Being consistent and living those values as an organization. So if you have values, are you consistent in living them as an organization? If you don't have values, then I think I'll drop a Stelli bomb and say, "Why the fuck don't you have values?" Why haven't you written them down? You can't be consistent without having some level of values written down or represented in some way, so that the company can literally follow them. So consistency doesn't come without, for a lack of a better word, rules.
Steli: You need rules, you need guidelines, you need clarity, right?
Steli: Clarity. What does execution mean for us? What is really important? What is valued within our company and within our team and organization? And then once you have that level of clarity, you have to have the conviction to enforce those rules or those guidelines. You have to prove that those are not nice to has, but those are not just like cool ideas that you'd like to sometimes adhere to. But you have to demonstrate that everybody has a level of commitment to these rules, to these guidelines, to these values. And whoever can't keep up with that,