WorkBoard, a pioneer in Enterprise Strategy and Results Management, today announced it has added two veteran executives to its leadership team. Mike Hipp has joined the company as vice president of sales, and Hemant Sharma takes lead as vice president of growth.
Today, most enterprises must drive growth while shifting business models in fast-moving markets, said WorkBoard CEO and co-founder Deidre Paknad. As a result, more executives turn to WorkBoard for a systematic way to align, measure and achieve Objectives and Key Results (OKRs). Mike brings a wealth of experience with large enterprise customers at market transition points, and Hemant has deep expertise in enterprise struggles to close strategy-execution gaps. Their leadership will help us reach and serve our rapidly growing customer base.
Hipp is a seasoned sales executive who built and led sales teams at Medallia, Aprimo, PTC and most recently Lanetix. Sharma joins WorkBoard from Main Street Hub (acquired by GoDaddy) where he crafted strategy and products to drive growth in new markets. Prior to that, he was senior engagement manager at McKinsey & Co., where he led go-to-market, customer experience and operational transformation initiatives for very large enterprises.
In addition to Hipp and Sharma, WorkBoard also added Megan Kolkman as managing director of client delivery and Regina Magaril as strategy solutions manager. Kolkmans background includes management consulting at Booz Allen Hamilton, strategy at Target and account management leadership roles at ESRI and elsewhere. Magaril was most recently a strategy and operations consultant at Deloitte working on large enterprise strategy engagements.
The new additions come as WorkBoard is seeing high growth in its existing customer base. The company recently announced a partnership enabling Deutsche Telekoms Detecon Group to deliver WorkBoard-based OKR solutions to its global customers. In October, WorkBoard launched an OKR coaching certification program to help organizations build their competencies in aligning and measuring results; the program incorporates the insights and expertise WorkBoard developed while facilitating over 2,500 workshops to define and align objectives and key results more effectively.
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Every organization has strategic priorities and urgency to achieve them, but few have a systematic, data-driven approach to aligning, measuring and managing their results, said Arjun Chopra, partner at Floodgate and WorkBoard investor and board member. WorkBoard was first to recognize this as a crucial business process that must be scalable, predictable and transparent. The market response to WorkBoard has been fantastic and these team expansions will help WorkBoard grow its reach faster.
M12 (formerly Microsoft Ventures), Opus Capital and Shea Ventures are also investors in the company.
WorkBoard is the pioneer of Enterprise Strategy and Results Management solutions which help organizations to set, measure and execute strategic priorities faster. Company founders, who combined hold 18 patents and two Smithsonian Innovation Awards, created a new solution category when they recognized that market and technology acceleration would require a corresponding acceleration in how companies iterate and activate strategic priorities. Both high-growth and high-scale companies use Workboard, including companies like Microsoft, Reliance Industries, AmTrust, Samsung, 8X8, Disys, Intellidyne, eSilicon, EDMI, TrendKite, Influitive, and others. For more information, visit www.workboard.com or follow the company on Twitter @WorkboardInc.
Jen Cadmus, 512-934-8350