A key to gaining traction in your business is to put together a leadership team consisting of people who share the company’s vision with you. Creating a team of people who each have clear accountabilities and who are prepared to take initiative when it comes to leading their people is a critical part of developing a successful business. Your leadership team must also be willing to be open and honest about all issues. When you have the right people in the right seats for your leadership team, everything else you build within the company will be based upon that structure.
According to business coaches, or EOS Implementers™, this type of healthy leadership approach is based on the concept that you can’t build something and have it grow if you are the one doing all the work. Simply put, a dictatorship is one way to lead your business… for a while. If you are the one doing everything in the business, what happens if you take a break? Business coaches or EOS Implementers teach that if the business would come crashing to a halt if you took a vacation, then there is no way that it could grow and thrive in the long term. In a thriving business, there’s no way for one person to solve every issue that comes along and you can’t be successful if the walls fall down as soon as you leave the building.
While it’s true that most small business owners start out by taking care of everything inside the business, including the sales, service, accounting and dealing with customer feedback or complaints, there comes a point where if you want to grow, you have to give up control. If you’ve been spending time building a strong leadership team where everyone has clear expectations and accountabilities, it’s time to let those individuals do what they do best – manage their departments and be positive contributors to your leadership team.