Changing our Vision, Mission, and Principles: The New Era of Nova
Hey, we are Ramón Rodrigáñez and Andrea Marino, Co-Founders at Nova, the Global Top Talent Network.
Welcome to Talent First, our newsletter where those who believe that talent is the most important resource in the economy get together.
Every week we cover a new topic related to attracting, hiring, developing, and retaining talent, as well as the learnings from our journey building Nova.
Summary:
1. How we decided to change our Vision, Mission, and Principles
Change is never easy, especially when it involves the foundational ideas that have driven you forward for years. However, as we have evolved our understanding of our business and our business model, it became clear that the Vision and Mission that had once guided us so effectively were no longer serving us as well. They weren’t misaligned, but they didn’t fully reflect where we are now or where we’re headed.
And the problem wasn’t just about our Vision and Mission. We also saw cracks forming in how our Principles, the behaviors we uphold as a team and that define our culture, were influencing our daily work. Some principles didn’t seem to inspire the changes we needed to see in our culture. Others had become so broad they lost impact, and the team was in clear need of new ones to keep growing and improving as an organization.
To tackle these questions head-on, we turned to our first management retreat, an offsite designed for uninterrupted, in-depth discussions that took place in October of this year. Organized by our Head of People, Cristina Mateo, it was a chance for the leadership team to reflect, debate, and align without the usual constraints of packed schedules and immediate deliverables.
The retreat gave us clarity. It reaffirmed the essence of Nova while pointing out where we needed to adapt: let us tell you exactly how.
2. A refreshed Vision: same soul but clearer focus
The Vision is the reason why a company exists, the ultimate goal its shareholders want to accomplish. For us, this journey started with a clear first place: to empower exceptional individuals to make the world better.
This is how we decided to exactly phrase our old Vision:
To find, empower, and connect the high potentials of the world so they can lead a more meritocratic, happier and more productive society.
At its core, this Vision remains true, but we’ve refined it for clarity. This is our new Vision:
To find, empower, and connect the most talented people in the world so they can lead a better society that is based on merit.
Since we launched Nova, we envision a future where, no matter where you are born or how much money your parents have, if you are talented, hard-working, and ambitious, through Nova there will be nothing you cannot do. By selecting individuals early in their careers and connecting them with others who can inspire them, we believe we can make access to the best careers more based on merit and less based on where are you born or who you are and your parents.
Thus, the idea of empowering and connecting exceptional people and that new world more based on merit has remained untouched in our Vision.
We have though simplified the language and removed words like “happier” and “productive” that, while noble, didn’t resonate deeply enough with our team and our concrete impact on the world. Hopefully, the new world led by Novas will be more productive and happier, but our main impact will be on meritocracy.
The soul of Nova remains untouched, but our direction is sharper and our Vision, crispier
3. A new Mission: Connections >> Talent Agents
The biggest shift has come in our Mission: the "how" of achieving our Vision.
Our old Mission was as follows:
Become the agents of the most talented people in the world, helping them connect with each other, develop personally and professionally, and accelerate their careers so they reach their full potential.
Although the concept of the Talent Agent was powerful, in practice, it wasn’t working as well as we’d hoped. The “agent” model was too labor intensive, as it required a dedicated person from the Nova team to serve a group of 500-1500 Nova members in order to get to know them and support them in their careers. Our revenue model was not able to sustain such a cost. Moreover, many members didn’t fully understand what was a “Talent Agent” and what could they expect from one vs. a coach, a mentor, or a headhunter. The effort required to deliver this model was pulling us in too many directions, so we decided to change it with our latest Operating Model change.
Our new Mission is more adapted to what Nova really does best:
To connect the most talented people in the world through a merit-based professional network.
The change reflects a critical insight: connection is Nova’s superpower. It’s the single greatest value we offer to our members, whether that’s connecting them with a friend, a mentor, a co-founder, an employer, or an investor.
At a time when the main professional social platform (LinkedIn) is feeling increasingly crowded, spammy, and focused on content creators who want to create audiences, we believe there is space for an alternative professional network more based on connections than content and with a focus on quality over quantity (both in terms of members but also interactions).
We spent countless hours debating this shift during the retreat. What makes Nova unique? What do we do better than anyone else? Ultimately, we realized our mission isn’t about managing every aspect of a member’s career—it’s about being the bridge that helps them achieve their goals. And those goals are almost always achieved through connections.
With this change of focus, we will be also soon updating our website. We are considering:
4. Our new Principles: changing the behaviors to improve our culture
At Nova, we take our culture very seriously. We have always believed it's a core part of our success and most likely one of the things we have done better in these 5 years as entrepreneurs.
People say that “Culture is what people do when you are not there”. We think this is totally true. But how do you shape people’s behaviors?
For us, the answer has been through a clear set of Principles. Contrary to values, which are closer to the ultimate “reasons” why people do things (and thus to the Mission of the company, which we believe is clear enough), since we launched Nova we preferred to have Principles that clearly guided how people should behave.
Principles are thus at the core of the culture of Nova because they are the behaviors that shape our daily decisions and our interactions, the ideas that should guide decision-making when we are not there.
When we looked at our old Principles, set in January 2020, we saw room for improvement. Some felt redundant or overly broad, while others didn’t address the behaviors we wanted to encourage moving forward.
The old Principles
We used to have the following 12 Principles:
#1 Member Obsession
Members are our North Star. They are our most valuable asset and we do whatever is needed to empower them and ensure the best possible experience at every touch point. We earn their trust.
#2 Passionate and energetic
We are passionate about people and we love what we do. We are passionate and energetic, always shining bright, and willing to have fun at work. A positive attitude is a must.
#3 Excellence
We work with the highest standards and we are continually raising the bar. We deliver high-quality services and processes. Our brand and reputation depend on us being the best at everything we do.
#4 Hire and develop only Novas
We hire and develop Novas. Managers develop other leaders and take seriously their role in coaching and making them grow.
#5 Impact
The positive impact is part of our value chain. We are always willing to go one step further to help people who need us, both inside and outside the Nova community.
#6 Humbleness
We are sincerely open-minded, genuinely listen, and are willing to examine their strongest convictions with humility. We are humble enough to admit mistakes and reconsider decisions. From the CEO to our interns, everybody is expected to help, even in the most boring tasks.
#7 Innovation & bias for action
We are expected to innovate and are always willing to test new products and services. We are always curious and look for new ideas everywhere. We are fast to think, iterate, and execute.
#8 Data-driven
We measure and analyze everything. All decisions need to be based on facts and data.
#9 Big Ambition
We believe thinking small is a self-fulfilling prophecy. We always aim for the stars. We want to create an amazing company that will be the global synonym for talent.
#10 Frugality
We try not to spend resources on things that don’t matter to members or clients. Frugality breeds resourcefulness, self-sufficiency, and invention. Frugality drives innovation, just like other constraints do.
#11 Ownership & autonomy
We are owners. We think long term and we act on behalf of the entire company, beyond just our own team. We never say “That’s not my job”. We try to be autonomous, only asking for help when really needed.
#12 Challenge & critical thinking
From the CEO to the intern, we are expected to respectfully challenge decisions when disagreeing, even when doing so is uncomfortable. Once a decision is determined, we commit wholly.
Inspired by companies like Capchase and Cobee, which had trimmed their values or principles to only 3, we initially considered trimming the list to just a few core principles to make them more memorable.
But we also admire Amazon, whose detailed principles have been instrumental in its success. After much debate, we decided to stick with a longer list, one that’s detailed enough to guide behavior clearly, while remaining aspirational.
The changes in Principles
We have generally been very happy about our culture and the way our team has behaved, so we have been able to simply change the name or combine some principles together. For instance:
However, we have utilized the revision of the Principles to address the changes our culture needed. In particular, we have introduced 3 important new principles:
With the intention of leaving a manageable number of principles, we also removed 2:
Finally, we decided to rephrase all Principles to follow an “adjective + noun” format (e.g., “true owners,” “ambitious dreamers”). This consistency makes them easier to remember and brings an energy that reflects the Nova spirit.
The new Principles
With all these changes, this is how our new set of 12 Principles looks like:
#1 Members Advocates
Members are our North Star. They are our most valuable asset and we do whatever is needed to empower them and ensure the best possible experience at every touch point. We earn their trust.
#2 Humble Top Performers
We are sincerely open-minded and are willing to examine our strongest convictions with humility. We admit mistakes and reconsider decisions. We are self-aware and know our strengths. From the CEO to our interns, everybody is expected to help, even in the most boring tasks. We work with the highest standards. We deliver high-quality services and processes.
#3 Bar Raisers
We embrace the philosophy of getting 1% better every day, knowing that small, consistent gains lead to significant results over time. We raise the performance bar with every hire and promotion. Managers develop other leaders and take their role in coaching and making them grow seriously.
#4 Goal Getters
We are driven by a commitment to deliver measurable, impactful outcomes. We set clear goals and hold ourselves accountable for achieving them, always focusing on the end result. Our success is defined not by effort alone, but by the tangible progress we make. We prioritize actions that lead to meaningful results for our members, clients, and the company.
#5 Ambitious Dreamers
We believe thinking small is a self-fulfilling prophecy. We always aim for the stars. We want to create an amazing company that will be the global synonym for talent.
#6 Marathon Runners
We play the long game, recognizing that building something great takes time, perseverance, and lots of hard work. We are committed to sustained effort and continuous growth, not short-term wins.
#7 True Owners
We are true owners of our work. We think long term and we act on behalf of the entire company, beyond just our own team. We never say “That’s not my job”. We try to be autonomous, only asking for help when really needed. We make things happen.
#8 Fearless Explorers
We approach every challenge with a mindset of possibilities. Before saying no, we explore every potential path to a solution. We foster a culture of openness and problem-solving, believing that great opportunities often lie beyond the first hurdle. We have a “yes” before “no” attitude towards challenges.
#9 Critical Challengers
From the CEO to the intern, we are expected to respectfully challenge decisions when disagreeing, even when doing so is uncomfortable. Once a decision is determined, we commit wholly.
#10 Lean Achievers
We try to do more with less. We do not spend resources on things that don’t matter to members or clients. Frugality breeds resourcefulness, self-sufficiency, and invention. Frugality drives innovation, just like other constraints do.
#11 Caring and Transparent Teammates
We put people first by listening deeply and understanding their needs. We care for each other and our community, treating everyone with kindness and respect. Open and honest communication is at the heart of our culture. We provide candid feedback to help each other grow, improve, and succeed while maintaining respect and positivity.
#12 Passionate People
We are passionate about people and we love what we do. We are passionate and energetic, always shining bright, and willing to have fun at work. A positive attitude is a must.
Each principle reflects behaviors that we believe will drive Nova’s success in the coming years. They are detailed, intentional, and designed to shape the culture we need to achieve our vision and mission.
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Curious and driven senior QA Lead/Engineer | QA Engineer @Euroclear FundsPlace 🕵️♀️
3hGreat! I would also like some part of this to put emphasis on us being responsible to create a better planet, e.g. aiming to having less events where people are flying to locations. To me it's a big downer to have events about sustainability where you gather people on an island (practically forcing people to fly), we should set an example which encourages people to care about our planet.
CRM Client Centricity I Loyalty I Change Management
4h👏 👏 Ramón Rodrigáñez Riesco Andrea Marino