Nearly everyone would agree that accountability is important to successful business management. How many have identified it as a critical component to growth? Virtually every one of our small business owner clients encounters it as a common symptom while they are trying to go from a micro business to a small business, or from small to medium.
Read, President of Palo Alto Software (makers of Business Plan Pro) about accountability. A recent client is struggling with accountability as they grow from a 30-something person firm. So Tim’s graphic, “The Accountability Dip” is helpful to show them they’re right on track to be running into the logjams they’re finding.
We’re working currently with a client to build a business plan (which they haven’t had during their 50-year history…not uncommon) and in so doing, introduce accountability – by the way, it was the #1 word their top level managers used to identify the main thing preventing them from growth! It can be the elephant in the room, and it needs to be addressed.