How Leaders Lead with David Novak

#81: Patrick Spence, Sonos CEO—Build to Last


Listen Later

Today's guest is Patrick Spence, the CEO of Sonos. So many tech companies that build consumer products are set up in a way where they make their products obsolete every time they launch a new product. The idea is that the minute the new device is available, their customers will abandon the old product and buy the newest model. 


But what's interesting is that Sonos has a very different strategy. They set out to build their products to last. They want their customers to have their products for a long, long time. It's a unique approach in their industry. But there's something about it, that core principle that ties in well with the mark of a great leader. 


You see, the great leaders, I know, they build the last, they make decisions to keep the brand strong beyond just the present moment. They develop leaders in their organization. So there's always a pipeline of strong talent when new opportunities arise. They treat their customers with dignity and respect, which breeds long term brand loyalty. 


I could go on and on and what you're about to hear from Patrick Spence, and how he leads Sonos as their CEO, is that he's leading with this build the last approach in all aspects of the business. I can't wait for you to listen in.


Take your learning further. Get proven leadership advice from these (free!) resources:


The How Leaders Lead App: A vast library of 90-second leadership lessons to stay sharp on the go 

Daily Insight Emails: One small (but powerful!) leadership principle to focus on each day


Whichever you choose, you can be sure you’ll get the trusted leadership advice you need to advance your career, develop your team, and grow your business.

...more
View all episodesView all episodes
Download on the App Store

How Leaders Lead with David NovakBy David Novak

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

561 ratings


More shows like How Leaders Lead with David Novak

View all
Acquired by Ben Gilbert and David Rosenthal

Acquired

4,649 Listeners

The Knowledge Project by Shane Parrish

The Knowledge Project

2,680 Listeners

Coaching for Leaders by Dave Stachowiak

Coaching for Leaders

1,460 Listeners

The Learning Leader Show With Ryan Hawk by Ryan Hawk

The Learning Leader Show With Ryan Hawk

1,327 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,199 Listeners

Founders by David Senra

Founders

2,165 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

798 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,990 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

168 Listeners

Wisdom From The Top with Guy Raz by Guy Raz | Luminary

Wisdom From The Top with Guy Raz

473 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

447 Listeners

Coaching Real Leaders by Harvard Business Review / Muriel Wilkins

Coaching Real Leaders

673 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

349 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

81 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

165 Listeners