When starting a business, the primary goal is often to maximize profits while minimizing costs. However, as growth necessitates hiring more employees and increasing overhead, expenses can quickly add up. Rapid or large-scale growth can make CEOs and managers feel they might lose control of their business.
So, how can you, as a business owner, prevent this loss of control while expanding your operations? How do you manage the scale of your business growth, especially when considering remote workers and distributed teams? Keep reading to find out!
Hire for Culture
As your business grows and you consider expanding your team, it’s crucial to hire individuals who fit your company culture. Maintaining your core values ensures that your current employees remain comfortable and productive with the new additions. Losing control of your business begins at the core of your organization, so don’t let the future undo the hard work you’ve put into the past!
Keeping team traditions alive, even with adjustments for size, boosts morale and bridges the gap between established and new team members. For example, continuing activities like virtual karaoke Wednesdays or sending out care packages to employees can help maintain a sense of community.
Define Clear Objectives
To prevent losing control of your business, clearly defined objectives for every team member are essential. As your team grows, ensure that new hires understand the roles and responsibilities of established employees. Clear goals and policies help everyone stay on track and work efficiently towards your business goals.
These objectives benefit both new and seasoned employees. New hires won’t be left idle or confused, and existing employees can maintain their productivity without constantly needing to onboard or assist others.
Delegate and Trust
Growing your team means less personal time with each new member. By delegating leadership roles, you can distribute the workload and focus on strategic growth. However, it’s vital to trust those you delegate to. Trustworthy and hardworking employees can manage their teams effectively without the need for constant oversight.
Micromanaging can backfire. According to the Journal of Experimental Psychology, people perform worse when they’re being watched. Therefore, avoid micromanaging to ensure productivity and positive growth.
Leverage Remote Workers and Distributed Teams
If you want to grow your team without losing control and save on overhead costs, consider remote workers and distributed teams. These options allow you to access a broader talent pool while reducing expenses associated with a physical office.
Remote workers can be part of distributed teams, working from various locations but staying connected through effective communication. This approach can bring unprecedented success, provided you maintain strong communication channels and implement the strategies mentioned earlier.
Grow with Confidence
Expanding your team doesn’t have to mean losing control. By hiring for culture, setting clear objectives, delegating wisely, and considering remote work, you can achieve sustainable growth.
Ready to grow your business without losing control?
Contact TechAID today for insights on distributed teams and let our distributed teams handle the hard work for you!
