Why The Reorg? I stumbled upon an older study from 2010 that caught my eye. It was authored by McKinsey & Company to determine the benefits, if any, of a corporate reorganization. Corporate reorgs are common these days. With so many start-ups, particularly in technology software and applications, more established companies can find it challenging to keep up. Additionally, many…
Are Teamwork and Collaboration Attainable? Teamwork. It’s easy to say, harder to do. When you bring different people with different backgrounds, intentions, responsibilities and personalities, teamwork isn’t always natural. It doesn’t always work. People don’t suddenly gel. It’s up to the organization involved to make it happen. Companies often struggle to foster a culture of collaboration but it’s not always…
A Succession Plan Matters For The Entire Organization If you asked your CEO what would happen if he or she left the company, you would likely be told of the succession plan in place. As critical as the CEO is to the company, there are plenty below whose absence would have ripple effects throughout the organization. Is there a plan…
Company reorgs aren’t any fun. Sure, there’s hope that the light at the end of the tunnel will be worth it, but the process of continuing business during the reorg can be painful. Employees are generally uptight, management is stressed, resources are strained and everything seems up in the air. But this doesn’t have to be the case. Reorgs…
The Old Rickety Ladder When we began our careers, we likely envisioned a ladder. We knew it was a right of passage to begin on the bottom rung but there was always the intention of working our way up. With each climb, there would be an increase in salary and benefits, of course. All we had to do was kick…
“A person’s name is to him or her the sweetest and most important sound in any language.” – Dale Carnegie Dale Carnegie was onto something. The National Center for Biotechnology Information published an interesting report. Using functional magnetic resonance imaging (fMRI), brain activation patterns were examined to see if there were any noticeable brain responses when one hears his or…
Do you need an organizational structure for a small business? Before we had an accountability chart at SoYoung, roles were so fuzzy that essential tasks often fell through the cracks, leading to a last-minute panic. But once we had a written organizational structure in place, we saw a huge boost in our overall efficiency. While there are still a ton of things to get done,…
For too long, structure has been viewed as something separate from strategy. Structure is how the entire organization operates, not just its organization chart. Revising structures are often seen as ways to improve efficiency, promote teamwork, create synergy or reduce cost. Yes, restructuring can do all that and more. What has been less obvious is that structure directly impacts how…
No Sugar-Coating It – Being A New Hire Can Suck At some point or another, you’ve been a new hire. If you can recall, there’s nothing fun about it. It’s lonely and you feel like everyone knows each other and what they’re doing except for you. While landing the new job is exciting, the first few days and weeks are…
So you’ve put together a hardware or software startup company. Chances are you didn’t give a lot of thought to what the next step should be in your company’s organization development — you just wanted to bring in some revenue and find a way to keep the doors open. Or, maybe you gave it a great deal of thought, even…
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