Are you able to manage the ever-increasing demands on your time and resources?
Can your team respond and adapt quickly enough to the changes which are now demanded to manage your growth?
Does your team possess the right skill set to manage the challenges you are now presented with?
If you answered no to any of these questions, you have reached the “Complexity Barrier” , a point experienced by rapid growth companies. Put simply, your business has just got a lot more complicated than it used to be.
Some symptoms that you have hit your complexity barrier include:
- The inability to match customer demand operationally
- An awareness of your lack of ability to effectively and rapidly solve challenges created by growth
- A realisation that you now have skill gaps in the company
- Frustration things are not happening as quickly as they should
When you find yourself stuck and drowning in a plethora of challenges, demands, details, and tasks that you or our team do not have time firstly acknowledge that to maintain your growth, you have to learn to manage it.
The best way to manage complexity is to replace it with simplicity and clarity. Start with the basics and manage growth as a process. Specifically;
- Take time, ideally away from the company to reflect on who you are, where you are going, and what you need to get there.
- Get very clear on what challenges stand in your way; cash, people, time, etc
- Establish clear priorities that allow you to simply define your path of progress every quarter, yet always with a focus on your longer term goals.
- Identify what you must STOP doing – determine what is necessary now and what can wait.
- Focus (Follow One Course Until Successful)only on what is in front of you for the next quarter.
