Help! I Can’t Do This All Myself! By Megan Patton As small businesses grow larger and more complex, company owners are universally faced with how to level up the growth of their people into positions of increasing complexity, including leadership. Many times, we see client companies where the CEO or owner is acting as a “hub” with many direct reports, or “spokes”. This hub and spoke model works in early days, however, it is not a sustainable feature in companies focused on aggressive growth. At some point, the CEOwill need to have leadership TEAMS who help manage the rest of the organization. The big question that many CEOs face, is “howdo I get to this next level of leadership?” Hiring at the leadership level can be prohibitively expensive, and it is always a roll of the dice to bring in outside talent to lead a group of veteran employees. Relief can be found when a CEO identifies that employee with high potential and takes steps to develop that individual. Many larger companies are able to invest in solid management training programs that lead promising individuals through all areas of the company, giving them a chance to spend time in each of the business areas and focus on line and non-line responsibilities over the course of several years. However, most small to mid-sized companies do not have the resources or ability to create such an experience for their potentials. All
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