Without a clear vision, and your constant leadership your team can sometimes get led astray buy other team members with their own agenda. As the the business owner you can't delegate this leadership responsibility. If it's not constant and consistent, someone will fill this void for you.
Penny shared an email she received this week from a client with an internal saboteur. Unfortunately the owner lost a couple of longstanding employees because of them, and now faced potentially losing clients if they were to fire that employee. The business owner got themselves into this pickle because they had allowed the employees (or rather employee) to take control of the business. Unfortunately this scenario is all too common in accounting firms and so we spend the rest of the episode discussing strategies on how to overcome these employee-led firms. Be ready for some collateral damage in terms of other staff members or clients leaving if you don't take responsibility for leading your business.
If you have questions about anything discussed in this episode, please do get in touch with us via LinkedIn.
Be sure to check out the book that gave us the inspiration for this podcast: Strategy and the Fat Smoker. Buy it on Amazon.