Chaotic and unencumbered business growth has the potential to lead many organizations, both large and small, into a ‘crash and burn’ reality that, without organized structure, can inhibit sustainable growth.
Consider the following three essentials for successful business growth:
1. Developing an Organization Chart
Keeping an accurate and up-to-date Organization Chart is essential for businesses to grow in a coordinated and planned way. Understanding specific job responsibilities and reporting structure is how growth happens in a functional and progressive way. Consider your Organization Chart the outline for understanding the path you are currently on and what the milestones along the journey will be.
2. Developing Job Descriptions
Once your Organization Chart is established, the next step is the development of specific job descriptions for every position. Professional unhappiness can be the product of anonymity and lack of accountability in an office environment. By establishing job descriptions, you can address these issues, while creating clear outlines for each individual’s role and responsibility.
3. Implementing Hiring Assessments and Tools
Across industries, any company is only as strong as the team behind it, and a hiring mistake resulting in abrupt leave or termination can cost you upwards of $25,000 in money, time and training. Implementing a hiring assessment will help to ensure that you’re developing a team that is the best fit for your organization.
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