The Top-5 enablers for successful business scale-ups, according to a study, are: Focus – clear positioning, alignment of internal resources to business purpose / goals Dynamism – being open, flexible, agile Preparation – on multiple fronts, areas, functions Growth-based thinking – empowering teams, people Excellence in execution #ceo #scaleup #business
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What we focus on, expands. What we focus on is where our energy flows. What we focus on influences our decisions. Often good decisions arise out of focusing on the right areas, areas that are relevant, areas that really matter. And the bad ones result out of focusing on wrong areas, that are less relevant,
Leadership plays a crucial role in Scaling-up a business. It involves enhancing one’s Leadership impact. It also involves consciously building and developing Leadership at multiple levels within the business. To Scale-up the business, we need to Scale-up the people operating it. Leaders could significantly enhance their Leadership impact, and nurture Leadership within the business, working
Leaders who speak last in Team meets tend to have increased leadership impact. Leaders speaking last allows, encourages Team members to express their views, opinions and insights, uninfluenced by what the Leader thinks or what his / her opinion is. This facilitates generation of more ideas and thoughts. Leads more options to emerge. The key
Simplifying inspires action; and Scaling up needs action. A lot of it. When we simplify, we are effective, more productive, less stressed, more efficient. And we save time. One of the ways in Simplifying is cutting things down to its essence – minimalizing – rooting out extra steps, and doing only what’s truly needed. This
It’s the Emotional drive that fuels the Scaling-up process – though strategy, logic and the like are often over-rated. The Emotional urge one has towards the business, towards the purpose, powers the Emotional drive – for self and the Team. It’s the Emotional drive that helps one go beyond comfort zones, navigate the course despite
Scaling-up businesses are on a recruiting mode. Always. ‘Active Recruiting Posture’, as Frank Slootman calls it. Scaling-up businesses need to plan and engage in their talent hunt not just to meet their current needs, but to feed their emerging needs in future, as the growth is significantly faster. Therefore the approach to talent and hiring
When it comes to Scaling-up, Strategy matters; Execution matters even more. Excellence in Execution is critical in a Scale-up journey. And any strategy is only as good as its execution. Even the best of strategies, if not executed well, flunks. Even moderate strategies, if executed well, works. Are we focusing (enough) on Execution? #ceo #scaleup
Scaling up businesses recruit talent, at multiple levels. Cultural fitness is one of the critical aspects to consider while hiring. Creating, nurturing a healthy culture in the Organisation is important alongside building and scaling-up the business. Hiring for competence is no brainer. But an appropriate hire would be the one who is functionally fit and
Setting an Operating rhythm in place is crucial in a Scale-up journey – consisting of a series of operational templates, reviews, check-ins, and execution routines that the Organisation practices in-sync. One of the key aspects in creating such an Operating rhythm is having well-structured reviews at different intervals, at multiple levels. And creating a review