1. EachPod

Episode 253: Firing People is Part of Growing and Running a Business

Author
Molly McGrath
Published
Tue 23 Apr 2024
Episode Link
https://hiringandempowering.libsyn.com/episode-253-firing-people-is-part-of-growing-and-running-a-business

In this episode, Molly provides valuable insights into the inevitable aspects of managing a team, such as the need sometimes to make difficult staffing changes, and how to evolve a business into a structured and systematic entity. She explains the need for alignment with the company's vision and goals, urging business owners to remain steadfast in this journey toward growth and operational excellence.

 

Key Takeaways:

  • Implementing structured business practices such as KPIs, job descriptions, and systematic workflows is essential as a company grows.

  • Resistance to change is a natural part of the process, particularly from first or long-standing employees, and must be addressed strategically.

  • As businesses systematize, it's not uncommon for employees to feel micromanaged, but this transparency is crucial for the overall health of the company.

  • An employee's reluctance towards structured growth can sometimes indicate that the company may no longer be the right fit for them.

  • Having difficult but necessary conversations, whether about performance or business direction, is crucial for maintaining progress and achieving goals.

 

Quote for the Show: "Yes, you will have to fire people. That's part of the deal." - Molly McGrath

 

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