What Leadership Skills Training You Must Have As You Scale Your Company?

A lot has been written and read on how entrepreneurs should lead their startups, but very little material is present on how the entrepreneurs need to lead their startups as it scales up in order to accommodate growth. The founders indeed require some sort of leadership skills training when the company moves from the beginner level to the growth level. The leadership tactics must scale up as the startup scales up. During the early stages of the company, the leaders need to give a different set of directions to their staff so that the operation continues at a warp speed. But as it continues to grow, a more evolving structure is required that requires the leader to use a different sort of tactics.

 

Here's the set of skills a leader must incorporate to lead the company in the right manner:

·      Turn Managers Into Leaders

When a company moves towards growth, it witnesses a transition where each of the individual contributor is set to essay a different role, from managers to that of a leader. In a blink of eye, the role of a manger becomes more challenging and innovating as he is all set to wear the hat that of a leader. There must be a clarity in the transition that will come when the necessary training has been taken. The managers must know their personal as well a team responsibilities. To turn your managers intoeffective leaders all sorts of support and resources must be given.

·      Vigilant Must Be In Traits

A lot of leaders commit this mistake of remaining vigilant only in the initial stages of the business and as the business climbs the ladder, the vigilant attitude just vanishes. A number of leadership programs, gave the direction to the entrepreneurs to identify the unmet needs of the target audience and address them in real time. For identifying and satisfying the unmet needs, a vigilant attitude is the basic necessity.

·      The Leader's Presence

The entrepreneurs as leaders tend to be physically present every time when the organisation is young. But as the company scales, the presence of the leader physically as well as mentally tends to decrease in the company. According to a research conducted by a leadership training company in Mumbai, a manager tends to waste as much as 80 % of the time on things which have no correlation with the long term value of the company. Thus, this transition from presence to absence may impact the company in a negative manner. In case the entrepreneurs can not visit the company on a regular basis, they must make sure that communication effectiveness is maintained in the organisation.

·      Administrative Duties

When the company expands, the administrative duties tend to become wider. As the company expands further, there comes a point when the company needs to make the decision of handling the administration in its own hands or outsourcing the same to some assistant organisation. If you don't decide on these lines, the interest of the employees will be at stake and that would affect the productivity of the employees in an adverse manner.