GLIDE – Austin Web Design

Always Be Ready to Sell Your Business: Part 4 of 5

A team with well-documented roles and responsibilities is a happy team.

One ingredient of a great company culture is one where accountability is king.

Clear Definitions of Roles & Responsibilities

Welcome to Part 4 of our 5 part series, ‘Always Be Ready To Sell Your Company’ that addresses many of the common areas of improvement that, if addressed, can keep your company running in tip top condition.  Sometimes it’s hard to turn heads down and address the things that need to be done to ensure that your company is as efficient and scalable as it can be, but you need to challenge yourself to do so.

This week, I want to go over how well you define and document the roles and responsibilities that it takes in order for your company to thrive in an efficient manner.

A team with well-documented roles and responsibilities is a happy team. Frustration is often generated when no one is taking ownership of things that need to be done. I often liken it to a kid’s soccer game… Everyone wants to move the ball down the field and has the best intention to do so, but with a complete lack of strategy, it makes for a entertaining and humerus attempt. Or perhaps you have experienced a culture where everyone knows there is much to be done, but without clearly defined responsibilities those tasks seem to just float out there without anyone stepping up to address them. It is an awkward environment with an unspoken and shared knowledge that things are getting done. Both of these environments are poisonous to a company’s existence.

One ingredient of a great company culture is one where accountability is king. If something goes wrong or something falls through the cracks, everyone needs to know whose shoulders it fell on, and that person needs to actively claim responsibility for it. This can only happen when you have people in place with high striver quotients , and when you have clearly defined who is responsible for what. If you have both of these in place, you are already ahead of the game. This is especially important in a young company where many people wear lots of hats. Here are things I have found to be very helpful:

Whether you are a young start-up or a established company, the need to address these matters are important to the productivity and scalability of you business.

Have you found them helpful? Do you have any thoughts, questions, or even examples of how these topics have effected your company? We would love to hear about them!

Stay tuned next week for Part #5: Procedure & Process Documentation