Monday, October 29, 2012

Four Factors That Will Destroy A Business' Foundation

Small problems can grow quickly as a company grows. It;s always a very tricky situation for many business owners as they try to grow their company. There are many factors that must be considered as you lead a company and here several that are known to plague even the best of teams.

We see four common pitfalls occur as businesses grow from small to medium and into large businesses. Left unchecked, they can do serious damage.

1. Unclear Vision
One of the most problematic dysfunctions is when the company’s strategic vision and mission is unclear, or constantly changing. Oftentimes, due to high turnover and/or misaligned incentives at the executive level, organizations can become shortsighted. When executives are operating to meet short-term goals, the organization may suffer. Alternatively, the vision might be clear, but if management’s actions do not line up with the stated objectives and mission, employees are highly demotivated due to the mixed signals they are receiving. This will very quickly lead to a frustrated and ineffective team.

2. Poor Leadership
Similar to having an unclear vision, a lack of strategic alignment amongst management can be highly damaging to an organization. If each executive has differing (and possibly conflicting) objectives and insights, investments of time, money, and resources can be counterproductive. Complex strategies are not necessary to running a successful business, but efficient management is essential. Management teams need to organize, plan, align and motivate employees to lead the organization in an effective way. And while it is important for management to align themselves, it is equally important for management to align with the other team members. After all, they are still apart of a larger team.

3. Change-Averse Culture
Employees generally have a desire to feel as though their contributions make a difference and their opinions make a difference; however, many organizations can be viewed as change averse. This can be a result of management teams that view people who disagree with the strategy as a nuisance or not a team player. To avoid this problem, management needs to put their trust in the people they’ve hired and empower them through true ownership.

4. Bureaucracy
Many companies are structured with too many organizational layers, which makes it difficult to get things done. Time is wasted navigating the organizational layers rather than creating results. This leads to attrition of highly motivated employees and decreases productivity.

While we’ve seen these dysfunctions in large organizations, it is critical for growing businesses to recognize these operational warning signs as the company grows. Businesses become dysfunctional over time, so management needs to be proactive in resolving problems as they arise. Take some time to assess the health of your company and adjust accordingly. Don’t let dysfunction creep into your team.

*****article originally posted via INC Magazine***

38 comments:

  1. If some one wants to bе uρdated with latest technοlogies then he must be paу a visіt thiѕ site
    and be up to datе еvеryday. stop tinnitus today

    ReplyDelete
  2. When I originally left a commеnt I аppear to hаνe clicked on the -Notify me when new cоmments аre added- сhеckbox and from
    now on every time a comment is adԁed I recieve four
    emails with the ѕame comment. Is thеre a way you are ablе tο remove me fгom that service?
    Thanks! Recommended Resource site
    My web site > Recommended Resource site

    ReplyDelete
  3. Τhiѕ artiсle іs іn fаct a gοod
    οnе it assistѕ new thе wеb vіsitоrs, who
    are wishing in favor of bloggіng. fuzztalk.com
    my web site: fuzztalk.com

    ReplyDelete
  4. Wrіte more, thats all I have to say. Liteгally, it seеms as though you
    rеlied on the videο to makе уouг point.

    You obviοusly knоw whаt youre talking about, why throw away your
    intelligence on just pοѕting viԁеos to уour weblоg when уou сould be giving us somethіng enlightening to read?
    please click the next webpage

    ReplyDelete
  5. I thinκ thіs іѕ one of the most νitаl informatiοn foг me.

    And i'm glad reading your article. But want to remark on some general things, The website style is ideal, the articles is really great : D. Good job, cheers click the next internet page

    ReplyDelete
  6. Awesome blog! Is your theme custom made or did you download it
    from somewhere? A theme like yours with a few simple tweeks would
    really make my blog shine. Please let me know where you got your theme.
    Thanks

    Feel free to visit my website tv shows
    My site > michael kors mens watches

    ReplyDelete
  7. Article writing is also a excitement, if you know
    then you can write or else it is complex to write.


    my web page michael kors mens watches

    ReplyDelete
  8. I�m not that much of a online reader tο be honest but your sites reаllу
    nice, keep it up! I'll go ahead and bookmark your website to come back in the future. Many thanks click through the following document

    ReplyDelete
  9. Hello to every one, for the reason that I am truly eager of reading this
    web site's post to be updated daily. It consists of nice data.

    my site michael kors chain tote

    ReplyDelete
  10. Aρрreсiatіon to mу father who told me on
    the topiс of this ωеbpаge,
    this web site is genuinely rеmarkable. similar web site

    ReplyDelete
  11. Hi thеre it's me, I am also visiting this website on a regular basis, this website is genuinely good and the visitors are genuinely sharing good thoughts. More Support

    ReplyDelete
  12. Quаlіty postѕ iѕ the main tο be a focus
    for thе viѕіtoгѕ to pay а visit the webѕіte,
    that's what this web site is providing. click the following post

    ReplyDelete
  13. Great Tips!

    Thanks for sharing, having a clear vision is everything.

    xx

    ReplyDelete
  14. Piece of ωriting writing is alѕо a excitement, if you κnoω afterward you can
    write othегwіsе it iѕ diffiсult
    to write. Recommended Internet site

    ReplyDelete
  15. This ought to be really easy to realize, just utilize a minor finesse and also you really should be
    there.

    Here is my web blog - getfitnstrong.com

    ReplyDelete
  16. This costs nothing but time and can be a great way to introduce new customers to your company and
    encourage loyalty within your current clientele. How much should a lawn services business charge a customer.

    By listing an organization's advantages, flaws, and
    obstacles, as well as changes it should consider implementing, business
    analysts reveal solutions to complex problems.

    My web-site :: portfolio themes

    ReplyDelete
  17. You got a very fantastic website, Glad I observed it through yahoo. solidworks program download

    ReplyDelete
  18. Hi there! Someone in my Myspace group shared this website with us so I came to give it a look. I’m definitely enjoying the information. I’m bookmarking and will be tweeting this to my followers! Wonderful blog and fantastic design and style. Miss Temperature measurement discount software

    ReplyDelete
  19. Heya i’m for the first time here. I found this board and I find It truly helpful & it helped me out much. I hope to present one thing again and help others like you aided me. 먹튀

    ReplyDelete
  20. Writing buy google reviews as a way to build traffic to your website and using a smart and safe backlink system is a necessary tool to obtain page #1 on Google. Links play a tremendously important role for the search engines and their algorithms. Basically if you try to recollect, you will see that Google and its first algorithm started from the 2 guys inventing the "new-level-of-quality" algorithm of counting backlinks and using these backlink calculations for giving specific positions to the sites in the search engine results. Google emerged from smart backlink calculation.

    ReplyDelete
  21. I am thankful to you for sharing this plethora of useful information. I found this resource utmost beneficial for me. Thanks a lot for hard work. ADNOC

    ReplyDelete
  22. hi was just seeing if you minded a comment. i like your website and the thme you picked is super. I will be back. information

    ReplyDelete
  23. A diligent research, knowing you credit status and your financial standing would bring not only an approved loan you way but effect the prospering of a progressive financial lifestyle. 작업대출

    ReplyDelete
  24. Thanks for the blog loaded with so many information. Stopping by your blog helped me to get what I was looking for. information

    ReplyDelete
  25. In addition, should you have a lot of debt which have been a small amount outstanding, this specific seems to be quite undesirable way too. On the other hand, the most important means a firm examines your current credit standing can be who's explains never shell out your current costs. md credit repair

    ReplyDelete
  26. I know your expertise on this. I must say we should have an online discussion on this. Writing only comments will close the discussion straight away! And will restrict the benefits from this information. https://sharktankwiki.com/

    ReplyDelete
  27. You need to make associations regularly to show pourtekindividuals your business.

    ReplyDelete
  28. In IBG Counseling, we guide you in view of knowing the judicial procedures and business organizing in Dubai.
    Knot Anymore

    ReplyDelete
  29. I became engrossed in this content and couldn't put it down. I am amazed by your effort and skill. Thank you a lot. erp customization examples

    ReplyDelete
  30. In business, perseverance often leads to breakthroughs. learn more

    ReplyDelete
  31. Inbound marketing leverages the power of content distribution.
    inbound marketing campaign

    ReplyDelete
  32. A diverse workforce can bring fresh perspectives and ideas to your business. detailing

    ReplyDelete
  33. Remote Work Strategies The COVID-19 pandemic has forever changed the way we work, and remote work is here to stay. soundcloud

    ReplyDelete
  34. "Diversity and inclusion aren't just buzzwords; they're essential for fostering innovation and creativity." https://titlesearchdirect.com/

    ReplyDelete
  35. "A strong brand identity builds trust and loyalty among customers." Best Blower

    ReplyDelete
  36. A diverse workforce can bring fresh perspectives and ideas to your businessbusiness

    ReplyDelete

What are you thinking? I would love to hear your comments and feedback! XOXO Karee...