The tragedy of “postponing IPO due to lack of managers”… Recommendation for creating a “future organizational chart” that can achieve rapid growth of 400 employees in three years

Company A’s tragedy caused by a lack of managers

This time, I would like to start by telling you about a tragedy that occurred at Company A, where my friend once worked.

Company A, a venture company, was in the process of preparing to go public. They needed to put in place an organizational structure that could withstand the screening process for going public, but the biggest bottleneck they faced was “Shortage of middle managers”It was.

As a remnant of the company’s early days when it was short on people and money, it was common for one manager to serve as the head of multiple departments at Company A. Thanks to active recruitment and increased staffing, the organization is expanding rapidly, but the number of managers has not increased in comparison.

However, if things continued like this, it would be difficult to go through the IPO review. Securing middle management was an urgent matter. With no other option, we promoted several members who lacked management skills to make up the numbers.

However, the results were disastrous. Managing someone who has not acquired management skills is like a doctor performing surgery without the skills to do so. Not only were members in various departments confused and exhausted, but some people left the company due to unsatisfactory personnel management, and others left because they were fed up with the tense workplace. Naturally, the company’s performance did not improve, and the IPO was postponed.

The example of Company A is a typical example of what happens in rapidly expanding organizations. I’m sure you’ve heard of similar stories around you, even if they’re not as extreme.

“If we need middle managers, we should just hire people with management experience who can hit the ground running.” That’s what many companies think. But that’s just an armchair theory.

To begin with, there are not many such people in the job market. In addition, even if they are all called middle managers, the management style and role required differs depending on the company.The chances that someone who has experience as a middle manager at another company can move to another company and immediately contribute are not as high as you might think.That is it.

So what should we do? This time, we will introduce some effective ways of thinking to solve this problem.

Once you know about it, you’ll be surprised at how simple and useful it is, but for some reason most people don’t realize it. It’s like the “egg of Columbus” kind of thinking. Please read on while thinking about your own organization.

The secret to keeping the organization afloat despite adding 400 people in three years

I previously served as president of a subsidiary of Recruit.

The company initially had 150 employees, but has grown to 550 in three years. Among the 400 employees, many had experience in various positions, such as directors and division managers of listed companies, but not a single one was hired with the title of “manager” (of course, we offered them compensation according to their role). The reason we hired people with managerial experience without a title is because, as mentioned above, different companies have different expectations of managers.

After joining the company, we confirmed that they had management skills, and then appointed them to managerial and executive positions that were appropriate to their abilities.The organization grew smoothly without any confusion, and the turnover rate at the time was in the low single digits.This subsidiary was an organization centered on engineers. If you think about it, don’t you think this turnover rate is quite low?

So how did they achieve this rapid growth? The secret is in their organizational chart. But it’s not just any organizational chart.Future Organization Chart” was utilized.

Your company probably has an organizational chart. A “future org chart” is exactly what the name suggests: a future version of that chart. It’s a chart of what it will look like in the near future, whether that be three months, six months, nine months, a year, etc.

Every company prepares a “recruitment plan” for the next fiscal year’s new hires and mid-career hires. In addition, I think many companies also prepare a “development plan” for their human resources.

But therein lies the problem.Most companies create separate recruitment and development plans.Especially in large organizations, the human resources department often has separate recruitment and training departments, and each department makes plans for “partial optimization.”

What is the problem if recruitment plans and training plans are not linked? To put it simply, tragedies like those in the case of Company A will occur. There are no qualified personnel in the company when they are needed. They rush to hire but are unable to find them right away. As a result of making promotions in a rush, the organization will no longer function properly… From what I can see, there are a surprising number of companies that have similar issues.

How can we avoid this tragedy?

As some readers may have noticed from the example of Company A,The bottleneck in creating a good organization is often the quantity and skills of middle managers.That is it.

That’s where the “future organizational chart” comes in. By comparing the current organizational chart with the organizational chart one year from now, you can see how many people will be added in each department, and how many middle managers and specialists you need to add. By implementing recruitment activities and managerial training in line with that, you can grow your organization without causing confusion.

The future organizational chart will tell you how many people to hire

Now let’s explain how to use it in practice.

Source: BusinessInsider

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

Toyota and Electreon together for wireless charging of electric vehicles March 28, 2023 0

electreon is an Israeli company that has been developing wireless charging for electric vehicles for some time now. However, compared to other projects,...

A modern wheelchair allows people with disabilities to move straight

wheelchair They are undoubtedly a great help for people with disabilities, but the new model of these vehicles promises to change people's lives....

M-Hero M-Hunter, the new extreme SUV is ready to debut April 16, 2024 0

M-Heroone of the many brands belonging to the universe Dongfeng Motorshowed the first official images of a new SUV with an extreme design called...