One of the most important factors in scaling up a business from a small business to a faster growing medium sized business is transitioning from the founder or entrepreneur holding all the accountability, to having a leadership team which meets quarterly and performs strategic thinking and execution planning.
But how do you build a leadership team? How do you make the transition to having a senior management team who you can trust and will help you to scale the business?
In this vlog I look at the 3 most important factors to decide before you begin a strategic planning process and who you should select for the senior leadership team. Also I discuss the merits of having the CEO facilitate planning session or having a external facilitator perform the role.