Reorganisations, restructures and other major changes

Introduction

When your business reaches a new stage in its development, you may need to change the way it is organised. For example, as you come to the end of the start-up phase and focus on developing the business, you may need to create a formal structure so that the business is better positioned to achieve its objectives.

In a start-up, staff numbers tend to be limited so employees take on multiple roles. As the business and workload grows, it makes sense for employees to focus on what they do best. Many entrepreneurs choose to bring aboard professional finance and sales and marketing personnel, for example. Introducing a solid organisational structure will help you stay in the driving seat while your business expands.

This guide examines why businesses decide to restructure and considers the implications of such change. It offers advice on how planning, training and communication can ease the process.

Subjects covered in this guide

• Introduction
• Reasons for changing the way your business is organised
• Different business structures: by function and area
• Different business structures: by product and project
• The importance of planning and communication
• Managing people
• Implementing change
• Systems for delivering change
• Financial considerations
• Special considerations for change
• Here's how I changed my management style as my business grew

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