Rapid growth is exciting for any business leader. However, as you scale up your investments in people and processes, important new considerations can slip through the cracks, creating larger issues down the line.
To ensure this doesn’t happen to your company, we asked a panel of Business Journals Leadership Trust members for their insights. Below they share 16 commonly neglected details when a company is growing quickly, as well as how these issues can best be addressed.
12. Creating new SOPs and role clarity
When companies are small, most employees wear a lot of hats. As growth occurs, it’s critical to take a step back and address who should do what to ensure role clarity and minimize duplication of work. Creating standard operating procedures will also ensure everyone is clear on how to work together for optimal efficiency and effectiveness. – Aviva Ajmera, SoLVE KC