In the early years, a company often runs on its founder’s energy and instincts. Building an organisation that can thrive without that constant presence is one of the hardest transitions in business.
Write down how decisions are made
Principles and decision frameworks let others act as the founder would, without asking every time.
Hire people better than you
Durable companies are built by leaders who recruit people with greater expertise in their areas, then give them real authority.
Plan succession early
Succession is not a crisis plan; it is an ongoing practice of developing leaders at every level.
Key takeaways
- Write down how decisions are made
- Hire people better than you
- Plan succession early
