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In this episode, Mike discusses who should be on a leadership team. He emphasises the importance of a strong and disciplined meeting rhythm, including annual planning, quarterly planning, weekly leadership team meetings, and daily huddles.
He breaks down the primary functions of a business into operations, sales and marketing, and finance, and explains that the heads of these functions should be part of the leadership team. Mike also advises framing the invitation to join the leadership team as an experiment to allow for flexibility and evaluation.
Takeaways
A strong and disciplined meeting rhythm is crucial for a leadership team.
The heads of the primary functions of a business should be part of the leadership team.
Inviting team members to join the leadership team as an experiment allows for flexibility and evaluation.
Investing in developing leaders within the organization is essential for scaling and reducing reliance on the founder.
Chapters
00:00 Introduction
02:05 Identifying the Primary Functions of the Business
04:03 Determining Who Should Be on the Leadership Team
05:48 Bringing Team Members into the Leadership Team
08:41 Inviting Team Members as an Experiment
09:39 Investing in Developing Leaders
Find out more about working with me. mike@smbmastery.com.au or https://www.linkedin.com/in/mikeadamscott/
How To Be Moderately Successful.