![]() You’ll want someone who is not so far removed from the work itself that they can’t get their hands dirty, but who can grow and scale operations through people and processes. If a VP of Engineering is involved before the B round, they may be rolling up their sleeves and possibly even doing some code reviews. The VP of Engineering is often an executive leadership position, and generally reports either to the CEO (70% of the time) or CTO (30% of the time).Īround the B round or when the engineering team reaches ~15-whichever comes first. A strong VP of Engineering understands how to build systems and processes that are appropriate for the size of their team and are always considering how to evolve them as the team scales. They establish focus for the engineering team as its leader and make sure that deadlines are met. They are methodical, process-oriented, and laser-focused on KPIs. The VP of Engineering has a strong operational mindset and thinks about the balance between higher production and quality of code. How much should you plan to invest in a CTO if hiring from outside the company?įor a small to mid-sized company, compensation for a CTO typically includes: In those instances, you may want to hire a CTO and move that person into the VP of Engineering role. ![]() On occasion, the CTO is more operational than innovative. As your company approaches the B round, companies typically start to see challenges within engineering operations and solve for those issues by promoting someone from within or hiring a VP of Engineering. He or she leads engineering operations through the series A round. If you’re a startup with a strong technical component, one of your founders is generally a CTO. ![]() As a result, they’re always building the next great solution. CTOs are always thinking about innovation and new product directions. They are highly knowledgeable about the market, are experts in modern development technologies, and understand the current players in the space. Chief Technology Officer (CTO)Ī CTO is a visionary-plain and simple. I’ll cover the answers here and include “back of the napkin” compensation information for the average small to mid-sized company (obviously, it can vary extensively from an emerging Series A round company to a large company). ![]() Oh… and how much should I be paying them?.What roles do I need? CTO? VP Engineering? Chief Architect?.One thing I’ve learned working with many tech companies is that regardless of their technical prowess, a great CTO doesn’t necessarily equate to scalable business growth.Īfter 20 years of hiring these types of roles, I often get the same questions: They position companies to take great leaps forward-take Amazon CTO, Werner Vogels, or Uber CTO, Thuam Pham, for example. We all know that great CTOs can have an enormous impact on innovation. Originally published on LinkedIn by Paul Manning, Partner, Software & Technology at The Bowdoin Group. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |