How to escape from CEOTrue 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 theSame 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 Officer15 years at ELEKS,PM’s background

Chief Executive Officer14 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 duringtimes of turbulence

● Sooner or later each private company that has more than 300 peoplebecomes a government

● Old management was wrong, new is right● I like that I dislike

Post Mortem Analysis after 2015● Non executing 2015 Goals ● Mistakes in EO management● ½ hour Interview with more than 60 people in the company● Analysis of mistakes● Forgetting about our main product – projects● Too complex and multi level structure – too high in the

clouds● People are key factor to success● Values are not buzz words – values are actions and verbs!● No result oriented managment● 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 all management● Hard talks with all teams● Analysis of Sales & delivery machines – gaps and 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!