20VC: Arm CEO Rene Haas on How The Best Leaders Make Decisions and The Trade-Off Between Speed and Quality | Leadership Lessons from 7 Years at Nvidia | How Companies Can Retain Speed, Innovation and Agility at Scale

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The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4 • 637 Ratings

🗓️ 2 September 2022

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

Rene Haas is the CEO @ Arm. The technologies that Arm creates are used in over 230+ Bn devices with everything from sensors to smartphones to servers. In 2016 Softbank made Arm it's largest ever acquisition with a reported price of $32Bn. As for Rene, he was appointed CEO in February 2022 having spent the last 8 years in numerous different roles within the company. Before Arm, Rene was Vice President & General Manager of the Computing Products Business Unit at Nvidia where he enjoyed a very successful 7 years with the team there.

In Today's Episode with Rene Haas We Discuss:

1.) Entry into Tech from Eastman Kodak:

How did Rene make his way into the world of technology and innovation?
What are 1-2 of the biggest takeaways from his 7 years at Nvidia?
How did working with Jensen impact his leadership approach and philosophy?

2.) Decision-Making in Leadership:

What is the single biggest mistake leaders make when making decisions today?
How does Rene balance the trade-off between speed vs quality of decision?
At what point does Rene believe leaders have enough data to make a decision?
What does Rene know now that he wishes he had known when he started on decisions?

3.) Scaling the Org and Remaining Nimble:

Agile: How does one retain the speed and agility of a startup when one is the size that Arm is today?
Ambition: How does Rene as a leader inspire the same level of ambition and vision in his team when Arm is as large as it is?
Risk: How does Rene encourage his teams to take large risks when they have so much more to lose?
Breakage: What are the first things to break in scaling? What can leaders do to get ahead of them?

4.) Leadership 101:

What really is strategy? What is it not? What mistakes do all leaders make when it comes to strategy?
How does Rene define "high performance" in leadership? How has his style of leadership changed over time?
How does Rene approach vulnerability in leadership? What are the pros and cons?

Transcript

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0:00.0	You are listening to 20 VC with me, Harry Stebbings, and today is a very special show for me in
0:04.2	particular. When I was younger, my grandparents lived in Cambridge in the UK, and the shining
0:08.2	light of innovation in Cambridge has always been Arm. My grandfather would always speak of the
0:12.7	wondrous creations that Arm made, and how they powered so much of the world around us. And so to
0:17.3	have the chance to have Arm CEO René Hus on today was one I was very excited for.
0:21.9	René is CEO at Arm, as I mentioned, and did you know that Arm technologies are used in over
0:26.6	230 billion devices with everything from sensors to smartphones to servers?
0:31.6	And in 2016, SoftBank made Arm its largest ever acquisition, with a reported price of $32 billion. As for René,
0:39.2	he was appointed CEO in February 2022, having spent the last eight years in numerous different
0:44.4	roles within the company. And before Arm, René spent an incredible seven years with the team
0:48.5	at Nvidia. I'd also want to say huge thank you to Joyce Kim and Drew Henry for some amazing
0:53.0	questions suggestions today.
0:54.4	I really did so appreciate that. But before we dive into the show today, I want to talk about
0:58.4	an incredible tool that I use every single day, Notion. Now, I am the worst for having
1:03.2	50 tabs open and constantly hopping between an endless array of tools. Do you feel me?
1:07.9	Are you with me? Well, then Notion came into my life providing one tool
1:11.4	to do it all with everything from seamless project management to easily organizing 20VCs company
1:16.5	information. A fascinating stand on Notion usage, more than 70% of companies who start using
1:22.0	Notion, stop using two plus other tools. And so Notion can even save you money, given how many
1:27.2	other tools it can
1:28.0	displace. Notion has a worldwide network of millions of users, creating templates, tutorials, and new
1:33.9	inspiration. The product's getting better and better every single day, and you always have the
	...

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