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How to escape

from CEO True story about revolution, volunteers, Parliament

and moving of management of IT Company to the

new one

● 33 years in IT

● 15 years as Dev

● 15 years as PM

● 14 years as CEO

● 1,5 year as MP

About me

About eleks

M A Y D A N

R E V O L U T I O N

CAN’T

Stay Outside Work at the

Same Level

THINKING ABOUT

New Young

Management

Yachting in

Next 15

Years

Oleh Duhin Andrey Hankevich Ruslan

Zakharchenko Chief Global Strategist, CTO

3 years at ELEKS,

35 years US IT experience

Chief Operating Officer

15 years at ELEKS,

PM’s background

Chief Executive Officer

14 years at ELEKS,

was elected CEO at 2014

NEW MANAGEMENT

Challenge - Election

● Have no clue what to do

● New environment

● “Kidalovo” as a style of life

● No win-win, yes pay –pay

Agreement for 2015 with new

management ● Don’t interfere for one

year

● Advices, not orders

● Strict KPI to achieve

● Deadline - January 15,

2016

● Active board participation

BOD

● Active board with new C involvement

● Analysis of each month after financial control

● Strategy, control, advice and help

● Company structure transformation through the

BOD

Challenges

● Possibility for one big fault disregarding of its size

● Lesson told or taught? Of course – lived

● MBA vs real life: big difference

● Values are provided not through talking about them but through

practicing

● Big attention to talented people – they are the first to be fired during

times of turbulence

● Sooner or later each private company that has more than 300 people

becomes a government

● Old management was wrong, new is right

● I like that I dislike

Post Mortem Analysis after 2015 ● Not achieving Goals of 2015 :(

● Mistakes in EO management

● ½ hour interview with more than 60 people in the company

● Analysis of mistakes

● Forgetting about our main product – projects

● Multi level structure is too complicated – too high in the clouds

● People are key factor to success

● Values are not buzz words. Values are actions and verbs!

● Management was not result-oriented

● Absence of punishment – no lessons, no results

● Changes in management

● Up or out :(

Action List 2016

● New management team. Attention to all direction!

● Changes on the top

● Strong KPI for every manager

● Hard talks with all team-members

● Analysis of sales & delivery machines. Spotting gaps and eliminating

absence of responsibilities

● New sales organization

● Culture of projects

● Responsibilities and execution

● People are key factor to success

● Values are not buzz words – values are actions and verbs!

I trust ELEKS team

● My OWN mistakes

● If I’ll return – all done is gone

● New board with external members

● Accepting mistakes

● Going into the future

● Strategy for the next years

Thank you!

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