Growing company beyond 15 individuals...
Your company is a living organism. How you treat it will determine whether you thrive or fail. Unlike living organisms however, there are no natural checks in place to let you know when things are off balance and need recalibrating.
As your company grows and expands it will reach important organizational milestones. In order to succeed, you need to make sure that you evolve each time to successfully reach the next phase of organizational maturity.
Stelios Haji-loannou, the founder of budget airline Easyjet, was famously said to have been so frustrated with loss of time during his management meetings that he ordered all chairs be removed from his meeting rooms.
We’ve all heard the stats that claim four out of every five businesses fail. That’s a lot of people’s dreams that are being thwarted every day. A big problem for many startups and smaller companies I work with is the void that exists between the founders’ vision and their capacity to make it a reality.
What do vision, mission, and strategy mean to you? Which comes first? I always stumbled with these simple, but powerful words until I saw this little illustration.
Knowing your audiences and who you deal with first, helps you put in place all the elements necessary to scale your business simply and effectively. You can structure this easily with just three steps.
Most startups and small businesses put all their initial energy and focus on developing new products, searching for new markets and growing their business.
There are very few who believe that running a company to it's maximum efficiency in the initial phase is fundamental to achieve overall success.
When people assume that to do something simply means it will be easy and fast, they are in for a surprise. To make something simple, first you have to unravel the complexity behind it.
Managing people's Emotion through change is powerful tool to connect the symptoms with the components of change. But it is not enough to execute the change successfully. You need each of the emotional component to be accompanied by its operational counter part.
In the fast moving markets, your target is shifting and your "Tangle" is growing.
You should ask yourself, how fast is your strategy changing and how big has your "Tangle" grown?
We love the simple explanation of perception vs. reality of success.