October 3, 2023
Every business owner wants to build an industry-dominating business, but better methods exist than hiring the best CEOs and managers to lead the organization.
Imagine a ship with a skilled captain at the helm, steering with precision. However, without a crew of dedicated sailors, the ship remains idle stagnant, unable to embark on a successful voyage.
This is why appointing a handful of top leaders will not be able to bring the company’s vision into reality; the business can only progress forward with the collective effort of the entire company.
Verne Harnish’s “Scaling Up” methodology recommends that business owners address the company’s key people-related challenges and build a strengths-based organization to ensure their company thrives in the long run.
The methodology provides three valuable tools for helping business leaders harness their team’s strengths and talents:
Do you have to sacrifice your personal life to climb the corporate ladder?
Many business owners’ personal lives take a hit as they gradually achieve business success. This obviously isn’t ideal, as it will result in burnout and demotivation, which will harm their physical and emotional well-being.
If you want to grow your business without sacrificing your personal life, this is the tool for you!
The OPPP provides a clear framework for self-improvement and aligns individual aspirations with organizational goals. It guides you in making decisions in four areas of your life:
As a company scales up, roles and responsibilities will double; there needs to be more clarity on who needs to do what and who is accountable for each role.
Yet, many business owners do not know how to utilize their human resources, and some are hesitant to embrace large-scale management changes for fear of failure. How do you make smart organizational decisions that involve people and their changing roles to keep the organization moving forward?
The key is to utilize resources for maximum efficiency by placing the right people in the right roles!
That’s where the FACe tool comes in handy: it makes clear the people who are accountable for scaling the business by identifying key performance indicators (KPIs) and measurable tasks. Here are the steps to do so:
You might be wondering why we need a PACe chart to define accountability when we already have FACe for that.
Simply put, the primary function of the PACe tool is to create a company playbook listing the core processes. It explains the business’ core processes and lists the people accountable for keeping it moving. When we overlay each process with KPIs, it tells a story about process health.
Here are the steps on how to fill up your PACe tool:
To conclude, a successful company relies on the strength of its People — the right leadership doing the right things (FACe) and having the right systems to support the people that run the business (PACe).
Grow your business faster by reducing people management obstacles with the “Scaling Up” methodology! Book a call with Maxim (Coach PINK) Mulyadi (Business Made Simple and Gallup Certified Coach) for guidance on how to utilize these tools to build a strengths-based team that can help you set your business on the right path to success.
Taking charge of your life starts with understanding where you stand.
Discover :
How you are doing in the 12 dimensions of life (Lifebook Assessment)
How well your business is performing (My Business Report Assessment)
How effective your marketing messaging and brand story is (Storybrand Marketing Report Assessment)
Take charge of your life by getting a deeper understanding of your strengths, your business, and your purpose.
Take a FREE life, business, and marketing assessment today!