Team Management in the Context of Business Growth

Today I’ve decided it’s time to discuss a rather exciting topic – after all, business growth is what all entrepreneurs aim at. Ask anyone who has ever expressed interest in running their own business and they will tell you that company expansion is perhaps a dream they desperately hope will turn into reality.

And even though business owners do whatever it takes to get their enterprises to the place where they meet success and embrace it, oftentimes they stumble across a multitude of obstacles and difficulties once they get there. If there’s anything that the majority of entrepreneurs pay extra attention to, it’s the subject of proper team management – in times of business growth and expansion, navigating through work delegation and managing your teams is perhaps a turbulent period filled with pressure and a lot to overcome.

In today’s article, we’ll investigate just that – what are some of the biggest obstacles businesses run into once they begin to grow and how these changes affect the employees and teams. I hope this will shed some light and provide you with useful ideas and strategies. Let’s begin!

Business Growth Is Both Quite Sought-After and Overwhelming

Upon starting a business, every entrepreneur dreams big – the majority of aspiring enterprise owners have a big vision when it comes to the company’s development in the years to come.

And while there are individuals who are more than happy with running small businesses, perhaps the ones who envision huge and successful enterprises outnumber them. I get it – when one is certain that they and their team showcase exceptional expertise and are truly great professionals, it’s only natural for them to aim at long-term success. So teams and businesses usually do their best when it comes to carefully distributing their workforce – if everything’s done right, sooner or later success comes and suddenly the company faces the beginning of its reign in a certain business niche.

But, as it turns out, development and business growth oftentimes lead to unexpected obstacles and difficulties – perhaps the biggest issue companies face is the sudden increase in the workload. Of course, while this is great news in terms of conversion and profit, it also has its downside – more often than not, enterprises face employee shortages and the work delegation suddenly becomes quite a nerve-wracking experience. 

In just a split second, entrepreneurs face a whole other level of problems – if up until then their main concern was whether they’d be able to scale the business, now they are trying to figure out how to delegate the workload properly in order to handle the increased demand.

The Way You Choose to Manage Your Team Is Essential for Long-Term Success

Essentially, there are two main strategies entrepreneurs opt for in times of business growth when it comes to team management – they either decide it’s better to work with home-grown talents or aim at hiring experts. Now, since both approaches are detrimental to one another, careful consideration must be made.

Relying On Home-Grown Talents

Let’s first focus on this strategy – in fact, plenty of businesses lacking huge investment opportunities rely on it since it has the potential to save up. On the downside, it usually takes time for those home-grown talents to get to the point where their expertise becomes professional and expert-like.

Of course, another big advantage is that it gives businesses the opportunity to work with people they already know, who are well aware of the company’s environment and who are already dedicated individuals willing to strive for success. But the slow-paced development still remains – if the business meets sudden growth, then the teams should be ready to withstand huge volumes of work while also elevating their expertise and acquiring new much-needed skills.

A wise way to overcome this problem is to motivate your employees to elevate their level in advance – don’t wait for higher demand to happen. Instead, stimulate their work efforts by enrolling them in courses and seminars; allowing them to widen their professional horizons and explore new scales of expertise. This way, when the time is right, your teams will have what it takes to step in and take matters into their own hands.

Hiring Experts Is Certainly Always an Option

Another strategy that can help your company while undergoing growth and scaling is to simply hire experts based on the needs the enterprise has at the given time.

We’ve already established that usually, this requires investments – high-profile job candidates have higher requirements not only when it comes to salary and bonuses but also team distribution and already established ways of doing the job. However, if all those aspects of the hiring process are not something of your concern, hiring experts can indeed boost your company’s growth and add a high level of professional expertise. Of course, this could quickly result in even bigger growth and reaching new success horizons.

In a nutshell, company expansion and business growth are amazing results of hard work paying off. However, they also come with greater responsibilities and require impeccable decision-making and problem-solving skills. In terms of team and employee management, my advice is to carefully and openly investigate the business’s current levels of development and determine which approach promises to be the most beneficial for steady but certain growth in the future.