Do you dream of one day owning a company with 50+ staff? Or do you feel you already have more employees than you can personally manage? Then this tip is for you.
Norbert Orlewicz struggled to create organizational structure in his business. They had some staff, but they knew they wouldn’t be able to manage many more than they already had. It was preventing them from reaching the next level.
When he joined MOBE, he was impressed with the structure that allowed the organization to support 100+ employees.
In this video,filmed at the Titanium Mastermind in Jamaica, he explains the lessons he learned from studying MOBE’s organizational structure and how you can apply them to your business.
THE FEATURES OF A STRUCTURED ORGANIZATION
Take a look at the MOBE organizational chart in 2016. At the top is the CEO, Matt Lloyd. There is also a CFO and an office manager.
Then, there are five divisional heads: HR, sales, IT, customer support and events. These five people manage all the respective staff in their division. Most people in the company report to one of the five heads of division, and those people report directly to the CEO.
Everyone in the company gets a company handbook, and access to the intranet. All the information is accessible in one place: calendar, events, meetings, procedures, policies.
WHEN IS IT TIME TO ADD ORGANIZATIONAL STRUCTURE?
You won’t do all of this in your first year of business. That would be a waste of time. But, it’s what you’re working towards.
At one point in MOBE’s early history, one of Matt Lloyd’s mentors told him to build an organizational chart. His first thought was, “I’ll deal with that later.” But as the company grew faster and hired more people, the time to deal with it came around. By the end of 2014, the staff team at MOBE had grown to 100 employees and contractors.
At this point, Matt got serious about organizational structure. He installed divisions and a manager of each one. He would get reports from each of the managers, not from every employee.
This is the only way to grow a company to the size of $50 million in annual turnover. It doesn’t eliminate all the challenges, but it does eliminate a lot of them.
The MOBE Titanium Mastermind goes into more depth on this topic. Members learn how to add organizational structure and scale their businesses through successive revenue ceilings. To learn more about the Titanium Mastermind, click HERE.