by VentureStreet  Join Our Network
Company Growth . . . Standing Still Makes You a Great Target

Standing still in business makes you a great target for the competition, doesn’t bring the satisfaction of building something great, stifles innovation, motivation, personal and professional growth and gives rise to high employee turnover.

Three Things You Must Be and Do to Grow

Three things stifle business growth in companies from five to fifty million in sales, you may; have the wrong people on the bus; be missing a systematic process for delegating decision making down the ranks, or an inadequate business infrastructure

Do you have things in place to grow, are the right people on the bus, do you deliberately avoid making decisions because your system for delegation is working so well you do not want to interrupt your team. Is your infrastructure in place to provide seamless implementation of your growth initiatives?

Developing a great company is hard work, but with the right systems it is possible to assure you have the right people, implement an infrastructure that will assure proper delegation procedures are in place and that people are aligned with your strategic objective.

The Right People

Assuring you have the right people on the bus is not as difficult as you might think. There are litmus tests that can be employed to find out whether you have leaders or managers. Leaders are about being, managers are about doing; leaders are all about knowing what the right things are to do, managers are about doing them right; leaders are coaching and mentoring others; managers need consistent coaching.

The Delegation of Decision Making

Delegation skills are essential to the growth of a company. Delegation is about pushing decisions to lower levels of management, not tasking people with things to do, but pushing the decision making process down to lower levels of management. This is done through the development of S.M.A.R.T. objectives, implemented in a framework which assures an adequate decision making process by subordinates.

The Business Infrastructure

A business infrastructure starts with a sound premise as to why you are in business, what business you are in, knowing who your customers are, understanding what value means to them and the development of a system to maximize and control Vision, Planning, Preparation, Execution and Measurement.

Do you have the right people on the bus, do you have a systematic process for the delegation of the decision making process, is an infrastructure in place to support the implementation of your Vision.

Make it Work With V3 Leadership System

Not only is it possible to bring about rapid change in your organization, you can do it in less time with less energy than you might think. Most of the successful companies who have gone before you have made the leap. You can discover and develop the right talent that will role the way you role, implement an infrastructure for business grow that will assure delegation happens.

Emerald’s V3 Leadership system includes a business infrastructure that empowers leaders to clearly define and implement objectives in a way that makes delegation a disciplined part of the process of running the business. Once VLS is in place, leaders can work on the business while VLS runs it.

V3 Leadership System Overview

V1 – Vision Setting Premise
V2 –Vision Enabling Strategy
V3 – Vision Empowered Results

VLS runs the business so CEO’s and owners can grow their business. VLS empowers leaders in the development of their managers and engages them in building business.

Emerald provides consulting services to support the installation and implementation of VLS

An important aspect of Emeralds VLS support services is the use of a sophisticated strengths assessment process developed and implemented by Emerald, it identifies and deploys management strengths and leadership styles.

Need a management consultant? Get matched to a local professional near you.
Find Management Consultants
Other articles you may like:
3 Big Reasons Why Online Businesses Fail And Ultimately Disappear
Know these 3 biggest mistakes committed in sales and marketing and you will never commit...

7 Steps to Growing a Business More Rapidly
Your business maybe running you instead of you growing it. If that's the case, you...

Are Seven Percenters Killing Your Business?
How much time are you and your top team spending on strategic initiatives? You'd be very...

“…That's Not What They Pay Me For”
If the first impression you make “stresses” me (the customer), any opportunity you had...

“One Thing” Every Entrepreneur Absolutely Must Do
In the movie City Slickers the trail boss “Curly”, played by Jack Palance, was a...

Be the first to find this article helpful.
Need a management consultant? Get matched to a local professional near you.
About the Author

Michael Adams, Emerald Business Services
P.O. Box 1875
Ramona, CA 92065

If you would like to re-print this article, please contact the author.
Other articles you may like:
Why Do I Need Project Management Software?
Project management software supports in dealing with perplex and multiple projects...

Leadership…An Informed Perspective
I have published articles, written books, taken courses, done extensive research, and...

Should business owners be concerned about lawsuit risk?
One aggressive lawsuit can destroy and business owner's financial security.

Poka Yoke
Mistake proofing is a technique for eliminating errors. It is based upon the premise...

What is the Significance of a Business Logo?
When it comes to branding, there is perhaps no more important factor than your business...

Editorial Disclaimer: The views expressed in articles published on this website are those of the authors alone. They do not represent the views or opinions of this website or its staff. The articles on this site do not constitute a recommendation or endorsement with respect to any views, company, or product. Authors affirm that article submissions are their original content or that they have permission to reproduce.

Home   |   Articles & Videos   |   Affiliates   |   Networking Groups   |   Search by Category

Terms of Use   |   Privacy   |   About Us   |   Contact Us   |   Member Login

©2003-2020 - VentureStreet, LLC

Join Our Business Network