Are you the bottleneck in your business? How many departments are you leading? Are you doing a good job of them all? Get the right organisation structure in place and you’ll free up your time and reduce stress.
Get your organisation structure right
Your ideal structure will allow your business to become more efficient and achieve economies of scale. This increases your bottom line returns at a greater rate than your revenue. Your organisation structure should allow your revenue to increase without creating bottlenecks.
An organisation structure should show all ten departments in your business, who is responsible for what, and how the hierarchy works.
Each department should have only one leader. The same person can lead more than one department, but two or more people can't lead the same department.
10 departments
Every organisation, no matter the size, has 10 departments:
- Shareholder.
- Director.
- Leadership.
- Product / Service Development.
- Operations.
- Marketing.
- Sales.
- Finance.
- HR.
- Admin / Technology.
If you’re the owner of the business and currently lead multiple departments, ask yourself how well you're leading each department. It's likely there are some you don't enjoy as much as others and procrastinate doing the tasks within that role.
Things to consider
Consider outsourcing, or training one of your team members, to take over the leadership of those departments you've been neglecting. They’ll likely do a better job and you’ll free up some time! Remember, overloaded team members (you included) are more likely to make mistakes. Also, paving the way for your team to grow and develop improves loyalty and engagement.
Keep checking the Organisation Chart
It’s important that your Organisation Chart is a living and breathing document that you and your team understands and works in sync with.
Check in regularly to ensure you, and your team, are aligned with the structure and that the hierarchy is being respected.
During performance reviews (if applicable), discuss whether there have been any changes to each team member’s role and update the chart to reflect these.
We can help you create the best organisation structure for your business, along with job descriptions for each role. Talk to us today.
“Mission defines strategy and strategy defines structure.” - Peter Drucker
