Newsletter #42 • Executive

The First-Time VP Trap

70% of first-time VPs struggle. The VP Buddy System.

The LinkedIn Summary

Anjali promoted her best senior manager to VP. Three months later: drowning.

Managing managers ≠ managing ICs. Cross-functional politics brutal. Board expectations unclear.

70% of first-time VPs struggle (DDI). The VP role requires new skills nobody taught them.

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THE CASE: The Drowning VP

Anjali promoted her best senior manager to VP. Three months later: drowning. Managing managers ≠ managing ICs. Cross-functional politics brutal. Board expectations unclear. Executive presence expected but never trained.

The Core Insight

70% of first-time VPs struggle in their first year (DDI). VP requires new skills: strategic thinking, influence without authority, board communication, organizational politics. Skills not rewarded in director roles.

The Evidence

70% struggle first year (DDI)

Executive coaching: 50% faster ramp (HBR)

Peer networks: 40% higher confidence (Gartner)

The VP Transition Support System

For New VPs, Provide:

  1. Executive coach (external, 6-month engagement)
  2. Peer network (other VPs for informal advice)
  3. Clear expectations (What's success in Year 1?)

The Experiment

Assign "VP Buddy" (seasoned exec) for new VP's first 6 months. Track: ramp-up speed, confidence, effectiveness.

Sources

  • DDI. First-Time VP Development Study. 2023.
  • HBR. The VP Transition. 2022.

Key Takeaways

  • 70% of first-time VPs struggle—the role requires entirely new skills
  • Provide executive coaching, peer networks, and clear expectations
  • Assign a "VP Buddy" for first 6 months

Next Newsletter

When Founders Can't Let Go

Read Newsletter #43

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