As the owner of a privately held business, you may have started with the idea of bringing a great new product or service to the world. As this idea consumed you, you began to grow your business.
Most likely, as your business grew, you hired people to help you. These additional people were probably mixed blessings in that they brought as many new problems with them as they solved.
Also as the business grew, you were faced with many decisions, two of the most important being:
• What should the company look like?
• And where is it headed?
Natural growth can result only after you identify the values of the organization and start to incorporate these values into every decision, every process, and every procedure. They need to be incorporated into the strategic planning process, the vision/mission of the company, and the very structure which forms the backbone of the business.
For some business owners, structure is scary because it’s equated with bureaucracy. In reality, structure is as necessary to the organization as the skeleton is to the human body. It should tie in with the identified values and can be as rigid or flexible, as rules-based or principles-based as the values of the organization dictate.
The ultimate goal of all this is to create employees that are as devoted to the growth of your company as you are. Employees that understand your business’ values and goals and can work towards them independently. Employees that you feel confident represent the values of the company to customers, vendors, and the community, in fact everyone they come into contact with on a daily basis.
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“Sometimes you just need to kick off your shoes, ground yourself, and stand firm in your beliefs!”
What are Values?