How To Structure Your Company
Today let’s talk about how to set up and shape your company's structure so that it supports & allows you to achieve your growth goals.
First things first, your business DNA is unique. I’ve had plenty of client’s ask me for templates to copy and follow when it comes to their company structure. And while there are plenty of typical company structures to follow, your structure should reflect your own personal vision and goals.
It's not about copying your neighbour’s layout or following what everyone else is doing. Remember, you're the architect of your business, and it should align with your values, dreams, and the impact you want to make.
You're probably wondering, "Where do I even begin?" Well, let's break it down.
Make it Personal: Your business, your rules. For example - you might want to stay deeply involved in the day-to-day delivery of projects or instead focus more on the big picture and where your business is going. It's your call. Your structure should cater to your lifestyle, your growth plans, and your vision. This is the heart of it all – make it resonate with you.
Phase It Out: Building out your long-term company structure for the next 5 – 10 years might feel like tackling a mountain – a bit overwhelming, a bit daunting and “where do I even start”. And it can be, so instead - think in phases. Set up your structure in bite-sized portions.
Start with the next 12 months – it's doable and practical. How can your structure support your growth? This roadmap not only guides you but also aligns your business decisions with where you want to be heading.
Role Clarity: Next it’s about bringing in or bringing up the right people to fit into these roles within your company structure. You might be thinking of recruiting externally or promoting from within, but hold on for a moment. We first need to clearly define the roles before talking to anyone.
What skills, traits, and attributes do you want in each role? This avoids mismatched promotions and brings in the right people for the right role. It also ensures you're building a team that complements your vision.
Remember, your company structure isn't just about roles and boxes; it's about creating a framework that supports your journey. It's about setting your business up for growth, for impact, and for you.
If you’d like to learn more, please take a look at my most recent podcast episode on this exact topic:
Click here for the podcast episode.
Click here to watch the video.
Josh ‘Company Structure’ Stone
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