True Small Giants companies and leaders approach business differently. And that approach includes growth and exits. In this blog, Michael Whelchel of Big Path Capital shares key pieces of wisdom to keep in mind when weighing your exit strategy options as a purpose-driven leader.
For even more insights into how to preserve your company culture and values through growth and exits, register for Michael's Small Giants Fishbowl, coming up in June! Reserve your spot:
This article was originally published on CEO.com.
“Do you have a moment? Can we talk?”
Business leaders immediately feel a sense of dread when they hear these questions. They fear that another person is giving notice, and they assume the departure will lead to expensive and time-consuming complications.
Do your employees understand company finances? Do they know how their individual decisions impact the health of the company? Are they empowered to think and act like owners?