The Shape of Work

#145: Karthik Sridharan on common mistakes when leading remote teams, cultivating friendships and continuous learning while working remotely

November 15, 2021 Springworks Season 1 Episode 145
The Shape of Work
#145: Karthik Sridharan on common mistakes when leading remote teams, cultivating friendships and continuous learning while working remotely
Show Notes

On this episode of The Shape of Work podcast, our guest is Karthik Sridharan, Co-founder of Flexiple, Remote Tools, and The Remote Clan.

Flexiple- an online curated freelancing platform aiming to empower both companies and freelancers.

Remote Tools - fastest growing online remote working community that features top tech, remote-first, product tool stack used by actual remote teams and insightful reads on the Future of Work among many other exciting things. 

The Remote Clan - a community for remote workers to build a strong career with the help of those who are pursuing the same goals. 

Having more than seven years of  experience across investment banking and technology, Karthik joined JP Morgan straight out of engineering and slogged for three years in the Investment Banking industry.

After having enough of the IB lifestyle, he joined IIM Ahmedabad for an MBA and started exploring his passion for entrepreneurship during this phase, which led to the start of Flexiple.

With a background that extensive, Karthik has plenty of expertise to share in this conversation. It’s no surprise this episode covers a lot of ground.

We discuss with Karthik:

  • How effective change management empowers employees and improves business performance
  • How to hire and manage your first 10 employees
  • Onboarding tactics that help new hires success
  • Common mistakes when leading remote teams
  • Work friendships are key for team camaraderie, but how do you cultivate them remotely?
  • Ways to embed continuous learning when working remotely

EPISODE HIGHLIGHTS:

What is effective change management related to business performance?

Like Flexiple, a big name in the B2B market, there are millions of start-ups striving consistently to provide value to companies and build trust. Starting as remote work, every start-up finds a unique way to hold on to the essence of working in remote teams, cultivating friendships, and depending on continuous learning to deliver a multitude of tasks.

Two Things Defining the Structure of Your Start-up

Clarity
Have a transparent thought process with the techniques, including bootstrapping and funding sources. It determines the chances of your start-up being better placed than struggling to shuffle across the wrong fit.
For instance, Sridharan was quite clear to choose B2B space rather than B2C space as it did not suit his interests. But, on the other hand, the B2C area needs funding and an enduring vision to power its functionality.

Kind of Start-up
Second, what kind of start-up do you want to build? Again, it will impact your move as deciding the structure also includes financing the resources well to all the teams. It dramatically affects business performance as a product of effective change management.
Remote working is the core of today’s start-ups.

Staying upfront in the conversations of remote working was essential for Sridharan while starting with his first team. He believes every team member must understand the responsibility to work remotely. Also, it operates as a remote bank, similar to a two-way street, for everyone to deliver their best, right from the first level.
Secondly, communication needs to be in place. For instance, the modern world’s chat lingos may also find a functional space for your start-up to stay updated. Also, Sridharan quoted that most of the hiring in his start-up was based on referrals: shows the trust that grows in a start-up, morally! Then comes the idea of documentation so that every person in the company finds the right solution at the right time.

Follow Karthik on LinkedIn