Business Lunch Why Your Business Can’t Scale Without the Right COO & CFO
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Apr 9, 2025 Discover why scaling a business often falters due to the wrong hiring of COOs and CFOs. Learn the distinct roles of these executives and why founders typically struggle with operations. Explore the critical need for strong HR and the importance of financial management as a business's GPS. Hear why getting a fractional CFO early is smart, and understand how effective communication among C-suite leaders can drive operational success. Tune in to uncover strategies that will prevent your company from becoming a house of cards!
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C-Suite Structures
- The executive suite's structure varies greatly, from large teams reporting to the CEO to individuals with no reports.
- This reflects diverse leadership styles and organizational needs in adapting to business complexities.
C-Level Role Creation
- Be cautious of C-level roles created for political or social reasons, both external and internal.
- These roles can be filled by outside consultants rather than direct reports to avoid unnecessary hierarchy.
Marketing, Sales, and C-Level Roles
- Marketing and sales are critical functions and should report directly to the CEO.
- Don't create C-level positions prematurely; wait until your company has hundreds of employees.