Yahoo CEO Marissa Mayer’s New Leader’s 100-Day Action Plan

It’s déjà vu all over again at Yahoo. While 40 percent of new leader’s fail in their first 18 months, the rate among Yahoo’s most senior leaders leaves that in the dust. Indeed, Mayer will be the seventh leader of Yahoo since 2007. Count them: (1) Terry Semel (-2007), (2) Jerry Yang (2007-2009), (3) Carol Bartz (2009-2011), (4) Tim Morse (2011-2012), and so far in 2012: (5) Scott Thompson, (6) Ross Levinsohn and now (7) Marissa Mayer.

Marissa Mayer

Marissa Mayer (Photo credit: Adam Tinworth)

Thus, it’s no surprise that the issues Scott Thompson faced as he put together his New Leader’s 100-Day Action Plan are the same or worse for Mayer. As pointed out in my earlier article on Thompson’s onboarding, his entry was, and Mayer’s entry is, particularly tricky.

The basics are always the same. Any new leader is better off if he or she follows the onboarding basics by getting a head start, managing the message and building the team. In Mayer’s case, her predecessor’s failures form a critical input into the context and culture.

CONTEXT

There’s no doubt that Yahoo employees are even more shaken now than they were before Thompson’s departure. This is an organization in trouble. Many will look at Mayer and think, “Here we go again.”

CULTURE

Like Thompson, Mayer needs to get up to speed on Yahoo’s culture fast, understanding both the current BRAVE behaviors, relationships, attitudes, values and environment, and how the organization is trying to evolve them.

ENTRY APPROACH

At this point, it’s fair to expect Yahoo’s employees to feel a lot like abused children. They don’t know who to follow or what to expect. Mayer has to earn the right to lead before she leads. No one is going to follow her until they believe she’s going to survive. The trap Mayer cannot fall into is assuming that what made her successful at Google will make her successful at Yahoo. It’s very different being employee  number 20 than being the new kid on the block and moving into a house that’s already on fire.

100-DAY PRIORITIES

Hopefully, Mayer has already gotten a head start and completed her new job preparation. She should already be clear on her message and story. If not, she needs to get those right, today.

Following that, like any new CEO, she’s going to need to accelerate strategic, organizational and operational processes by deploying five onboarding building blocks:

  1. Get the core team aligned around yet one more new strategic imperative (accelerating the strategic process).
  2. Put a program in place to manage both short-term milestones and longer-term milestones (accelerating operational processes).
  3. Identify an early win and over-invest to drive that.
  4. Sort the team, getting the right people in the right roles with the right support (accelerating the organizational process).
  5. Over-communicating at every step of the way. This is always important. It was important when Thompson took over. It’s even more important now.

The only thing Mayer can do all by herself is fail. The only possible road to success will require her earning the right to lead before she tries to lead, taking a broad view of her team and deploying many different leadership frameworks at different times.

This is a good example of step 2 of The New Leader’s PlaybookEngage the Culture and Your New Colleagues in the Right Context

Be careful about how you engage with the organization’s existing business context and culture.  Crossing the need for change based on the context and the cultural readiness for change can help you decide whether to Assimilate, Converge and Evolve (fast or slow), or Shock.

Click here to read about each step in the playbook

Click here for YouTube videos highlighting each step

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