A program manager (let's call her Alex) didn't quit her accelerator program manager role because of the salary. She didn't leave for better benefits. She quit because she was spending 60% of her time updating spreadsheets instead of doing actual program management.
"I didn't sign up to be a data entry clerk," she told me during a product discovery call before joining one of her own portfolio startups.
Three exceptional accelerator program managers left in the last six months. All cited the same reason: drowning in administrative work while watching startups build cool stuff with modern tools.
The irony is painful. Directors recruit brilliant people to help shape startup ecosystems, then bury them in Excel hell instead of strategic program management.
Meanwhile, those same portfolio startups are offering equity, modern workflows, and jobs where talented people actually build things instead of managing spreadsheets.
Replacing a good accelerator program manager costs $150K+ and takes 6+ months to get them productive in startup program management. The accelerator programs losing talent fastest? They're the ones still running on 2015 workflows and ancient excel sheets.
So how do we retain the top and best accelerator program managers?
The startup accelerators keeping their best program management talent are the ones that have automated the soul-crushing stuff early. Their program managers focus on startup relationships and strategy instead of data entry.
Stop making talented people do robot work. When accelerator program managers can focus on what they're actually good at, which is, building startup relationships, spotting success patterns, ensuring mentors and startups connect, and developing great program strategy, retention becomes a competitive advantage.
Your best program management talent didn't join accelerators to manage spreadsheets. If you're treating them like they did, don't be surprised when they become another program's secret weapon.
AcceleratorApp automates the administrative tasks that drive talent away, from application tracking to mentor scheduling to progress reporting. Let your program managers focus on relationships and strategy, not spreadsheets. Want to see AcceleratorApp in action? Book a demo with us here, let's help you retain your top program managers and reduce their administrative workload with automated workflows custom built for innovation, accelerator and incubator program managers.
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