You have successfully built your organization. You now have employees who know more about the daily operations that you do. Your role is in the transition from being the entrepreneur where you were responsible for everything whilst you built the organization to one of leading your team. How well are you coping in this new role? Are you still trying to do everything and are effectively getting in the way? Or are you leading the team to greater heights? There are several activities that you can get right that...

A business strategy defines where you want to go and how you are going to get there. You primarily need a strategy to: Set direction and priorities so that it is clear what success means and what needs to be done to achieve your vision for the company. Have a common purpose or understanding of where the business is going. You want everyone in your company to know where you are going with the business and what role each department or...