MBA 735 – Reflections on Module 6 Concepts

I have survived! This entry will wrap up my last week of MBA 735, the growth phase of a business. It’s been a good class, particularly because we got into a lot of the mechanical portions of the business… finance, capital budgeting, HR and so forth. Next up will be MBA 745, the Maturity stage of the business. Just one question to address this week…

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

The number one characteristic, in my opinion, is that a leader has a good understanding of him or herself. A leader needs to know where their strengths and weaknesses lie. When a business moves into growth, particularly rapid growth, there are very few leaders who are “jack-of-all-trades”. A good leader will know when they need to hire in the expertise necessary to perform well through the growth phase. This will allow the leader to focus on his or her skills. The leader also needs to be skilled at bringing together those who are in various waves of change… agricultural, industrial, knowledge, and judgment. A growing business will have many waves represented, and the good leader will get them all performing well together.

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