Updated: Jan 24
What part of a business changes most significantly during rapid growth?
The first area most significantly changed when a business grows is the decision-making process. While the company is small, making decisions is simple because there are fewer decisions to be made and fewer people to make them. There are no formal meetings and in most small businesses, the founder makes a decision and that’s that!
As the business grows, the sheer number of decisions increases and those decisions affect more and more people. The problems arise because the company doesn’t expand its decision-making process.
So, remember, as your business grows, you must make enhancing your decision-making process a priority.