Kevin, head of product development for the largest division of a major pharmaceuticals company, called me in June to share some good news: They had acquired a hot biotech company. The new company would remain stand-alone, and Kevin was being promoted to President of the new company.
Nice! After I congratulated him I asked him what his top priorities were. “There is only one,” he answered immediately. “Scaling. I need to scale myself so I can scale the team and scale the business.”
Good answer. Business scale means you create operating leverage: more revenue with minimal or zero increase in operating costs. Scaling your business requires you to scale yourself as a leader.
Here are 3 ways to scale yourself: Shift your mindset, build the team, create more process. <<Read More>>