SSE Labs' Blog

Stanford's Student Startup Accelerator

5/18 – Management/HR Workshop with Brian Helmick, Founder/Managing Partner of Algentis

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Brian leads the firm’s efforts in new business development.  Prior to founding Algentis, Brian focused on high tech and biotech sales at ProService, an HR services firm.  Previously, he worked in business development and sales at Xoom, an online money transfer startup in San Francisco.  Brian also spent time as a private equity investor with Goldman Sachs Capital Partners and General Atlantic.  At General Atlantic, he focused on IT services businesses and had oversight responsibility for the investment in ProPay, an HR services firm.  Brian began his career as an investment banker with Salomon Smith Barney.  He is a certified PHR (Professional in Human Resources) and a former CPA (Certified Public Accountant).

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Brian Helmick, founder of employee administration service Algentis, ran a Management and HR workshop for our companies. Brian gave very useful advice on the hiring and firing process, as well as knowledge regarding performance evaluations and management.  A couple of the key takeaways can be found below:

1. Hire slowly in identifying and interviewing good candidates, but fire quickly in performance evaluations, determining when to coach vs. when to fire, and termination discussion/process.

2. Use a quarterly review process and score people accordingly – determine when to coach vs. when to fire.  Know that nobody ever complains about firing somebody too quickly, and an underperformer is incredibly costly.

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Written by ahzietsman

May 18, 2011 at 12:55 am

Posted in Uncategorized

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