Planting business is every business leader or the biggest challenge of the CEO. But the actual challenge is to do the cost effectively without losing the main talent. At the same time, it is important to gather organizational stakeholders around the vision even seems the company will be canceled by the rate of change. Here are 5 things that CEO must pay attention to as their company grow quickly:
First of all, and fight your intuition and maybe despair that you might feel when your company starts to grow rapidly, adding people will not solve your problem and miraculously handle your workload. If there is, the more people you add to the company, the more complexity you carry. Plus can be expensive and add to chaos.
Don’t assume because you have a brilliant strategy so you are free at home. Like the old cliche, “the culture of eating a strategy for lunch.” If you do not manage culture and do not have the right team, your strategy is not comparable to the paper written.
Don’t be busy working in a business that you don’t work on business. Do you allow important slide problems just because you don’t have time to discuss it with your team, let alone take the time to solve it? This is the case “pay me now, or pay me later.” You can handle problems before they become a crisis or spend all time fighting against the crisis.
Make sure that in your hurry to get more sales, you don’t ignore your person or process. Talented people and solid processes will make your business successful and help you grow.
Finally, but no less important, make sure that you have leadership skills and competencies to continue to lead your company into a bigger future. Just like you need to grow your business, you must continue to learn and foster your abilities.
In the midst of managing everyday business, consider these questions. How well you feel you as a business leader:
Have a common and interesting vision?
Can it effectively implement and implement a vision?
Have a practical plan to grow organizations in a cost-effective way?
Can Identify critical problems before they become an emergency shout?
Can make decisions quickly and effectively?
Can push projects, while involving and developing people and improving the process?
Have a strategic plan involving every employee at the company?
Have leaders who are able to adapt to organizational needs when they grow?
Have the ability to trim and discuss difficult problems?
Fully satisfied with your current strategic plan?
These questions will provide insight into where you want to continue working on business when you work in business.