A Bridge, Not A Tower, Can Take You Where You Want To Go.
Paul Fioravanti, MBA, MPA, CTP
CEO | Interim CEO/COO/CRO/GM | Advisor | Operating Partner l Board Member | Transformational Fixer I Growth & Change | Turnaround & Restucturing | Performance & Profit | Certified Turnaround Professional | American ????
Your shareholders or owners might get mad when they find out how inefficient your company is, unless you stop the bloat and waste dead in its tracks.?
Here’s what you need to know.
Which structure is more amenable to movement and direction?
The bridge, of course. Here’s why:??in lean, efficient, bridge-like companies, you’re going to see the same four patterns which pay dividends in the form of efficiency and profits:
1)????Efficient executive leadership:??The team is lean, small, tight, and nimble.??You will not see excessive layers of executive leadership, instead you’ll see only top players working diligently with clarity and focus.
2)????Efficient team structures:??There are no vanity roles and layers and layers of management, with superfluous people “hiding” in plain sight, often adding no value to the company.
3)????Efficient costs:??There is a savage approach to expenses, and not a penny is wasted.??There are few “nice to haves” and only the requisite “need to haves.”
4)????Austere governance:?Does a $5, 10 or $15 million company need a board of directors that can impede progress, be costly, and cause problems with nepotism and half-baked decision making?
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In the not-so-distant past, the tower-like company model was popular because it bloated the egos of everyone in it, and the people in them were wasteful with resources across the board.?
By contrast, in today’s economy, tower-like companies crumble with mild ground tremors.??Bridges don’t. Bridges endure because they’re lean, flat, stable, and take people places without bloat.?
Be the bridge for yourself, your shareholders, and your team.?
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