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From Fixing Companies to Building From Scratch
Manage episode 353807370 series 3442317
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In this week’s episode, we talked to Vered Raviv Schwarz, COO and President at Guesty, about the trials and trepidations of business growth.
Vered talks about how COOs are ultimately looking to build a well-oiled machine, which means there are numerous aspects that need putting in place. Starting off with the right foundations, already in the mindset that you will grow into a large organization. Along with thinking about processes, maintaining good handshakes between departments, and keeping compliance in the back of your mind.
Once the foundations are laid, ask yourself – how are you evolving and growing within the role? Maybe you need to shift your mindsight from micro to macro to look at the bigger picture? Perhaps you even need to take a step back and let your team do the work they need to succeed?
What about team building? The structure of the team should be monitored regularly - what's right now for the company and employees may not be so in a month's time. Nobody likes being the bad guy, but sometimes hard decisions need to be made…
The point is, to successfully ‘fix’ a company or scale growth when needed, you need to try out new methods and take risks.
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