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Sanjay Sathe on the role of CEO
Founded in 2007, RiseSmart is the leading provider of next-generation outplacement solutions. The company leverages a cloud-based technology platform, proven methodologies, and one-on-one support to help employers with their workforce strategies and displaced employees with their career strategies. RiseSmart drives significant ROI to organizations by offering affordable pricing while reducing unemployment insurance taxes and severance costs. RiseSmart has received a wide range of awards and recognition from organizations including Bersin by Deloitte, Best in Biz Awards, Gartner Inc., Golden Bridge Awards, LAROCQUE, Momentum Index, Red Herring, San Francisco Business Times, SiliconIndia, Silicon Valley/ San Jose Business Journal, Stevie Awards and TiE.

San Madan: Which multiple hats does a today’s CEO have to wear? What best practices can you share with tech CEO’s who are early in their career?

Sanjay Sathe:
As the company’s leader, a CEO needs to make key business decisions in many different functions/departments including marketing, product development, client services, internal HR, etc. CEOs have to be comfortable shifting from one subject/issue to another, wearing several hats along the way. Some things I’ve learned over the past seven years as CEO of a rapidly growing tech startup:

1. Constantly be on the lookout for exceptional talent. Take on the role of chief talent officer and work to obtain the best leadership and create a positive environment where all employees strive to make the company the best it can be.

2. Build a set of values for your employees to adhere to and strive towards. Use these values to create a solid company culture, one that helps employees feel excited about the work they do every day.

3. Set tangible goals and focus on data and metrics to build your organization to scale and execute your goals.

San Madan: What are three tips for building a great team?

Sanjay Sathe:
The three tips would be:

  1. Build a great leadership team. Work hard to sell people on the mission of the company and the biggest problem the company solves. Don’t settle for average applicants. Go for the top talent. Don't compromise, even if it takes longer to fill the position. It will be worth it in the long run.
  2. Build an environment where you are a "multiplier,” meaning you give people the ability to explore, innovate, deliver and grow. These smart team members will help the company grow.
  3. When interviewing, focus on attitude, passion, ability to learn, and whether they fit into the company culture.

San Madan: What are the challenges of managing a global business?

Sanjay Sathe:
Building a global business is very challenging with differing geographies, languages, cultures and schools of thought. Today we live in a connected world, so one really has to customize to each particular part of the world. Many established brands have learned hard lessons by trying to implement their U.S. processes in international waters. My advice would be to really have a slow and measured growth strategy and hire people locally to help deliver.

San Madan: What are some of the trends you’re seeing in technology company investments this year?

Sanjay Sathe:
The majority of technology investments today are focused around Big Data, healthcare, cloud-based software and enterprise SaaS models.

Company: RiseSmart
2055 Gateway Place, Suite 150, San Jose, CA 95110 U.S.A.

Founded in: 2007
CEO: Sanjay Sathe
Public or Private: Private
Head Office in Country: San Jose, California - United States
Products and Services: Next-generation outplacement solution, Transition Concierge
Company’s Goals: CEO Sanjay Sathe plans to continue taking significant market share as an outplacement provider. Having disrupted the outplacement industry with a next-generation solution, Sathe believes there is a significant opportunity to become a leader in this in this multibillion-dollar industry. The world is going virtual and leveraging the right combination of technology and human touch can help RiseSmart garner more market share with many more Fortune 500 companies already embracing the solution.
Key Words: Next-Generation Outplacement, Outplacement Services, Outplacement Solutions, Human Capital Management Software, HR Solution, Corporate Outplacement Solution

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