Change is hard, and managing change while experiencing growth can be even more challenging. Business leaders often find themselves in a precarious position when their organizations are growing rapidly. They must balance the demands of overseeing a thriving business with the need to adapt to ever-evolving market dynamics. One common misstep in this delicate dance is not dedicating enough time to effectively manage through change, whether due to limited time availability or constrained financial resources. In this article, we’ll explore some valuable tips we used to help one Expert Manager successfully navigate the complexities of managing growth and improvements simultaneously.
1. Weekly Team Meetings on Forward-Thinking Changes
One key strategy for effectively managing change while nurturing growth is to establish a regular rhythm of communication within your organization. Consider holding weekly team meetings focused on forward-thinking changes. These meetings should serve as a platform for discussing evolving strategies, new opportunities, and potential challenges. Encourage open dialogue among team members to foster collaboration and brainstorm innovative solutions. By consistently addressing change as a collective effort, you can ensure that everyone is on the same page and committed to the organization’s evolving vision.
“As a leader, creating open and transparent dialogue while executing change and growth is critical,” our Expert Manager shared.
2. Weekly 1:1 Meetings with Direct Reports
To address the unique challenges that arise during periods of growth and change, prioritize one-on-one meetings with each of your direct reports. These meetings should go beyond merely discussing day-to-day tasks and delve into deeper conversations about hurdles, questions, mentoring, and personal development. Use this time to provide guidance and support tailored to each team member’s needs. By maintaining a strong connection with your team, you can cultivate a sense of trust and confidence, ensuring that everyone is aligned with the organization’s goals.
On this point, our Expert Manager shared this advice: “Most team members experience a variety of reactions and emotions to change and growth requirements. It is important to foster an empathetic and patient conversation with each individual team member.
3. Keep Your Direct Reports Manageable
As a business leader, it’s essential to be mindful of your span of control. Aim to have only four to five direct reports. Keeping your team manageable allows you to provide more personalized attention to each individual and fosters a better working relationship. To support this structure, consider building additional layers in your organization chart as soon as possible. Delegating responsibility and authority to capable managers can alleviate some of the pressure on you and your direct reports, enabling smoother transitions during times of change.
4. Invest in Hiring Specialized Roles
Managing change and growth often requires specialized skill sets. Evaluate whether you can invest in hiring individuals who can take on specific responsibilities crucial to your organization’s success. For example, hiring a client manager can allow you to delegate client-related tasks, freeing up your time to focus on strategic initiatives. Similarly, a people manager can help streamline internal operations, provide mentorship, and ensure a harmonious work environment. “High energy, optimism and accessibility are all requirements of change management leaders,” our Expert Manager added.
By strategically allocating resources to fill these roles, you can enhance your ability to manage growth effectively.
Conclusion
Change and growth are constants in the world of business, and mastering the art of managing both simultaneously is a vital skill for any business leader. To set yourself up for success, remember to hold regular team meetings to address forward-thinking changes, engage in weekly one-on-one discussions with direct reports, maintain a manageable span of control, and consider investing in specialized roles. By following these tips, you can navigate the complexities of change and growth with confidence, ensuring your organization’s continued success in an ever-evolving business landscape.
At My Virtual COO, we help service-based Health, Wealth, and Advocacy business owners optimize talent and systems to accelerate business success by improving the most important parts of the business, including:
- Growth, Profitability, and Impact Projections
- Organizational Design
- Lean Process Design
- Client Experience Documentation
- Productive Collaboration and Change Acceleration
- C-Suite Training
