MBA 735 - Module 6 Concepts

What are the key leadership characteristics needed to lead an organization during growth?

Some of the characteristics a leader must have include being organized and a planner, so growth can be controlled. The ability to understand and critically evaluate the systems instituted in the launch stage, because they will be put to the test of durability and feasibility. Must recognize that need to lead by example, because their actions will formalization of the company’s culture. The leader must be honest and have integrity, because the leader creates and forms the code of conduct of the firm, which establishes the ethics of the corporation. Understand the financial aspects of the company, so cash flow does not become negative. Have "soft skills" and listen to their employees and customers, because it is important to maintain focus on the customer and quality of service. Leader must understand the vision and where the company is going long-term. This is facilitated by developing and following growth strategies and plans, because they become important when navigating the uncertainty of the market.

During the growth stage the strength and multi-tasking ability of the leader will be critical. The leader must maintain control of themselves and the company. This stage will reveal the weaknesses in systems and gaps in departments. The leader must be able to address all of these issue quickly and with poise.