Building a Scalable Team - A critical skill required for startup founders!
A J Balasubramanian "AJB"
Director - Indian Operations - Aigilx Health
Delegation and Supervision One significant hurdle that prevents founders from scaling their team effectively is the inability to delegate tasks. For a startup to grow, a founder must be able to entrust responsibilities to team members without the need for constant supervision. This doesn't eliminate the necessity for regular performance reviews but emphasizes the need for trust and autonomy within the team. Founders often fear that by not overseeing every detail, standards will slip, but this micromanagement can stifle efficiency and team morale.
Founders often fear that by not overseeing every detail, standards will slip, but this micromanagement can stifle efficiency and team morale.
Primarily this problem also stems from the thoughts that many passionate founders have. Such founders consider starting a business is an ultimate freedom that they can do anything they want and therefore delegating them sounds like curtailing their freedom. They also tend to take up areas which do not align with their capability and therefore they often do a very bad job. This is particularly visible in areas like creative designing, such creating marketing collateral etc. Of course they are technical areas also where they may lack expertise. Not to mention finance management, which some the founders hate but still refuse to seek help.? Even in areas in which founders have expertise they often run out of capacity to attend to all the tasks. And typically many tasks remain pending for want of their approval. Such a position gives some founders a false sense of importance leading to delay in execution.?
Even in areas in which founders have expertise they often run out of capacity to attend to all the tasks. And typically many tasks remain pending for want of their approval. Such a position gives some founders a false sense of importance leading to delay in execution.?
Developing Talent Another common issue is the expectation of immediate perfection from new hires. Founders should understand that with focus and practice, employees will develop the competencies needed over time. In the early stages, it's important to foster an environment where doing a 'good enough' job is acknowledged and encouraged. This approach helps in building confidence and skill levels, as perfection often becomes the enemy of progress. Over time, these individuals can be groomed for excellence, but expecting it from day one can lead to disappointment and high turnover.
Leading High-Caliber Teams Furthermore, the ability to lead and manage people who may be smarter or more skilled than the founders themselves is crucial. Founders need to exude confidence and effectively lead such individuals without appearing arrogant or hiding their limitations. It involves setting clear goals, outlining expected outcomes, and engaging in meaningful discussions about the progress of tasks. This is essential to harness the full potential of a highly skilled team, enabling the company to scale and succeed.
The capacity of a founder should never limit the growth and potential of a startup. It's essential for founders to evolve their management style, focusing on identifying the right people and leading them effectively. Highly skilled founders, while expert in their domains, often struggle with delegation, potentially stagnating the organization's growth.
The capacity of a founder should never limit the growth and potential of a startup. It's essential for founders to evolve their management style, focusing on identifying the right people and leading them effectively. Highly skilled founders, while expert in their domains, often struggle with delegation, potentially stagnating the organization's growth. To retain talented employees and ensure the longevity of the business, founders must learn to accommodate the professional growth of their team. By mastering these leadership skills, founders can transform their startups into thriving, scalable businesses.
Livelihoods, social impact and sustainability professional
2 个月easily the most important reason why many startups which are "successful" early cannot manage to continue the growth.
Founder & CEO at Start Insights | Helping Startup Founders to Pitch Better ???
2 个月Is it more viable to build A-team first and then raise funding, or should we focus on raising funding first and then build the A-team? This has been a longstanding question at Start Insights portfolio Startups with the benefit of hindsight? A J Balasubramanian "AJB" Sir
SME IPO | Startup Fundraising | Author | Building Startup Ecosystem & Beyond
2 个月Micromanagement is like a coach getting into the game says Simon Sinek.
Financial Consultant
2 个月Super Sir