Organizational Development

 

Small to Mid-Size Organizations

In small to mid-sized businesses, a successful business soon outgrows the business knowledge of its leaders.  With out support, the business becomes another statistic.  The family culture and operational style that fueled its growth early on, has become its biggest hindrance.  Organizational structure and processes are antiquated and no longer serve the needs of the organization, in fact, quite the contrary, these systems are costing the organization significantly in terms of lost production, performance, and profits. 

Small to mid-sized business owners need a strong support system that provides the checks and balances required for innovation, development, growth, accountability, and achievement.   An effective support system requires well-chosen members and is a mechanism for strategic decision-making.  Large organizations employ boards of directors for a multitude of reasons – a broad spectrum of wisdom and accountability to decisions and effective execution toward the goal, notwithstanding.   Existing compensation for directors averages slightly over $200,000.00 a year(1). This oversight and guidance mechanism is out of reach for most small to mid-sized business owners.  No wonder the failure rate of new employer firms is greater than 69% in the first seven years(2) and smaller businesses suffer a failure rate of approximately 80% within the first five years and a reported 96% in the first ten years.

Businesses whose leaders do not have access to or mechanisms for innovation, support, and accountability are staring straight into the face of these dismal statistics.  These requisites to success only represent the tip of “must haves” of the business success iceberg.  Unfortunately, most small to mid-sized businesses don’t have access to these resources and mechanisms.  Without the proper structure, systems, and processes in place a business cannot create shareholder value, nor can it create sustainable competitive advantage.  At best the business will stutter and struggle to profit.

The Peak Performance Group is the leader in small to mid-size organizational and executive leadership growth and development.  The Peak Performance Group provides access to a network of business, leadership, and innovative experts.  As strategy development, alignment, and execution experts, we equip our clients for successive, next-level and sustainable breakthrough successes.  Through decades of learning in the most visceral way the underlying reasons why leaders succeed and fail, The Peak Performance Group brings this information, training, and support to its clients. 

 

(1) Spencer Stuart Board Index 2007, 31.

(2) SCORE, March 9, 2009. http://www.score.org/small_biz_stats.html