Your co-founder wants to pivot the business. How will you navigate conflicts and stay on course?
When your co-founder proposes a pivot, navigating the ensuing conflicts requires tact and strategy. To stay aligned:
- Discuss underlying concerns. Understand each other's perspectives on the business direction.
- Set common goals. Agree on what success looks like post-pivot to unify efforts.
- Create a decision-making framework. Establish how decisions will be made to avoid future conflicts.
How do you handle disagreements when considering major business changes?
Your co-founder wants to pivot the business. How will you navigate conflicts and stay on course?
When your co-founder proposes a pivot, navigating the ensuing conflicts requires tact and strategy. To stay aligned:
- Discuss underlying concerns. Understand each other's perspectives on the business direction.
- Set common goals. Agree on what success looks like post-pivot to unify efforts.
- Create a decision-making framework. Establish how decisions will be made to avoid future conflicts.
How do you handle disagreements when considering major business changes?
-
When handling disagreements about a business pivot, I focus on open communication and collaboration. First, I make sure to discuss the underlying concerns with my co-founder, understanding both perspectives clearly. This helps clarify the reasons behind the pivot and addresses any concerns. Next, we set common goals, defining what success looks like post-pivot, to ensure we remain aligned. Establishing a decision-making framework also helps prevent future conflicts. By staying transparent and focusing on shared objectives, we can navigate disagreements constructively while keeping the business on track.
-
Establish a regular cadence for meetings to discuss the pivot and address any concerns or disagreements. Practice active listening to understand your co-founder's perspective and concerns. Show a willingness to compromise and find mutually beneficial solutions. Ensure that the pivot aligns with the company's overall mission and values.Work together to develop a shared vision for the future of the business. Acknowledge and address any concerns or fears that your co-founder may have about the pivot. Offer reassurance and support to help your co-founder feel more confident about the decision.
-
What level of commitment are you expecting from your co-founder? How often should they be working on the business? Setting expectations for each other’s work ethic and commitment helps to ensure that both co-founders are taking their roles in the company seriously.
-
Listen carefully to your co-founder’s perspective and fully understand their reasons for wanting to pivot. Ask questions, share thoughts, and make sure both sides feel heard. This makes the conversation more open and easier to navigate. Stay focused on the core values and long-term goals of the business. Instead of rushing into a decision, talk about how the proposed pivot fits into what you both originally set out to achieve. This helps to keep the vision clear. Find a compromise that allows flexibility without completely changing direction. Look for a way that blends new ideas while keeping the essence of the business intact. This approach ensures both of you stay aligned and progress together.
-
#abillionlivesgloballymission Your co-founder wants to pivot the business. How will you navigate conflicts and stay on course? Negotiate a middle ground! In a founder, co- founder relationship and faced with an instance when a co- founder wants to pivot the business, there's a possibility of ensuing conflicts. The way to navigate the conflicts and stay on course is to Negotiate a middle ground that presents a win- win atmosphere. Why it's necessary to meat at the middle it's because mostly each player comes on table with their conflicting interests that may fail to be in line with the overall venture alignments short to mid term. #Tenthousandbrands #TBCNetworkEntrepreneurshipHr #winstontony ?TheBrandCoach? #TWiC
更多相关阅读内容
-
Venture CapitalWhat should you include in the executive summary of your pitch deck?
-
Investment BankingHow can you make your IPO roadshow presentation both persuasive and transparent?
-
LeadershipHow do you make your team's vision compelling?
-
EntrepreneurshipHow can you overcome scaling challenges across markets and regions?