CEO Growth Tool Framework
Share
A framework for understanding how CEOs approach growth based on their primary tool or "hammer" - the core competency they rely on most heavily to drive business success.
The Hammer Concept
- Every CEO has a primary tool ("hammer") they use to solve problems
- They typically default to one of four areas: marketing, sales, operations, or finance/product
- "To a man with a hammer, everything looks like a nail" - CEOs will try to solve most problems using their preferred approach
- Important to align CEO's hammer with company's needs and growth strategy
Common CEO Hammers
-
Marketing-focused CEO
- Default solution is spending on advertising (e.g. "we'll spend $1M/month on Facebook ads")
- Focuses on brand building and customer acquisition
- Views growth through marketing lens
-
Sales-focused CEO
- Default to building large sales teams
- Emphasizes direct selling and relationship building
- Solutions typically involve expanding sales operations
-
Operations-focused CEO
- Focuses on systems, processes and efficiency
- Looks to scale through operational excellence
- Default to improving internal workflows
-
Product/Finance-focused CEO
- Emphasizes product development and features
- "Build it and they will come" mentality
- Solutions revolve around product improvements
How to Use This Framework
- During interviews, listen carefully for their default growth mechanism
- Ask about past successes - they'll likely try to repeat same playbook
- Ensure their "hammer" aligns with your business needs
- Look for examples where they've successfully used their primary tool
- Consider if their approach matches your company's growth stage and strategy
Red Flags
- CEO unable to articulate clear growth philosophy
- Growth approach doesn't match company needs
- Over-reliance on single tool without flexibility
- Past success only in dramatically different business models
The key is finding alignment between the CEO's natural inclinations and your company's needs, rather than trying to force a mismatched approach.
23:33 - 24:21
Full video: 57:14AW
Andrew Wilkinson
Co-founder of Tiny
Wilkinson is the co-founder of Tiny Capital, which owns companies including AeroPress, MetaLab and Dribble. He is also the co-founder and chairman of WeCommerce, a holding company that starts, buys, and invests in the world’s top Shopify businesses.