5 Ways High-Growth Companies Can Close the Leadership Gap

Marcus Perezi-Tormos
July 25, 2017
5 Ways High-Growth Companies Can Close the Leadership Gap

Butterfly co-founder Simon Rakosi talked to DigitalNYC about the hurdles start-ups face as they grow, which for many includes maintaining a strong leadership.Here are his top 5 strategies to make sure management is adequately supported:Broaden HR's responsibilityAcquiring the right talent is paramount to a start-up's success. So, be sure to include your Head of Talent Management in important conversations, and offer them "a seat at the table."Make management coaching a priority Start-ups are usually full of very young managers that find themselves propelled to the world of management without ever having received any coaching. With the help of technology, executive coaching and training programs are much more accessible and affordable for managers (ex:!).Implement a feedback systemEmployees should be able to give feedback on their managers and every aspect of the company in an anonymous space. Be sure to provide one for them.Use employee data to drive decision makingUse the data you receive from your feedback system (see point above), and take action based upon what it reveals.Lead with actions over wordsIt will mean so much more to your employees if you back up your words with actions -- and when implementing change based on their feedback, make sure they know it!➡ Catch the full article here, and be sure to let us know what you think!

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