We work with a lot of small and medium size businesses that are run by founders and management that cares deeply about what’s going to happen with their company. These are frequently type-A perfectionists, but by structuring the company so that they have to sign off on every detail they are not doing their employees, shareholders or themselves any kind of service in the long term.
It’s true that the intentions are good and they want to do what’s best for the company, but without learning how to delegate – and trust – other staff and team members, the company can only ever grow so far. Projects inevitably become stalled, and the prospect of the founder or CEO ever exiting is impossible and the company ends up enduring the ramifications of your classic dysfunctional relationship.
The truth is, if you are running a business where the whole structure will collapse without leadership being hands-on with every detail it is time to build a new system. You know you have a well-oiled machine and a healthy business when no one notices when upper management is out of the picture for a day, a week or a month. And when you have strong systems in place that’s when your business begins to have more market value and when you’re likely to identify tasks that can be automated and outsourced, thereby driving up profits.
The need for systemization applies to start ups as well as to established, multi-million dollar companies. The more quickly you’re able to get those systems in place the better you’ll be in the long run.