Even an Established Company Can Embrace Startup Culture

Even an Established Company Can Embrace Startup Culture

by Dr. Rick Goodman on May 24, 2016

Have you ever wished you could be young again?

As we get older, and realize that our bodies and minds are maybe a tad less resilient than they used to be, it can be tempting to pine for our youth. And that’s not only true of individuals. It’s true of businesses, too.

Think about it: There’s something exciting about working in a startup environment; something liberating about the nimbleness that a brand new business can offer. There are perks to working at an established entity, too, of course—yet it can still be tempting to wish for those youthful startup days again.

Alas: We can’t turn back the hands of time. With that said, there are some ways for even a well-established company to reclaim key aspects of startup culture—tempering them with the very real benefits of establishment and experience.

Here are just a few suggestions for bottling some of that startup magic:

Get rid of your org chart. Well, maybe you don’t have to throw it out completely—but do try to flatten the hierarchy some. Remove needless obstacles, barriers, or buffers. Create a business structure in which ideas flow freely, and in which even a lower-ranked employee can easily offer feedback to top leaders.

Be missional. Have a written statement of mission and values—and make sure all of your employees know it. Remind them regularly of what the overarching goal of the company is, and of how their role plays into the bigger whole. Make them feel like they are an integral part of something bigger.

Foster collaboration. Rather than assign a project to one person—or to a department—break up big jobs into smaller milestones, and assign each one to a cross-functional team of three or four employees. Create an environment in which everyone in the company feels comfortable in collaboration with everyone else.

Solicit feedback. Have an open door to employees who have feedback to offer. Use regular employee surveys—and customer surveys, too! Make it clear that you crave opinions other than your own—and that you truly listen to what people have to say.

As a leadership speaker, I know exactly how much big businesses envy the mobility of smaller ones—but you don’t have to settle for envy. You can actually gain some of those startup virtues back, by following these tips.

Dr. Rick Goodman CSP is a thought leader in the world of leadership and is one of the most sought after conference keynote speakers on leadership, engagement, and business growth in the United States and internationally.

He is also the author of the book Living A Championship Life, “A Game Plan for Success,” and the co–author of the book Jamie’s Journey: Travels with My Dad written by his sixteen-year-old daughter Jamie.

Dr. Rick is famous for helping organizations, corporations, and individuals with systems and strategies that produce increased profits and productivity without having the challenges of micromanaging the process. Some of Dr. Rick’s clients include Heineken, AT&T, Boeing, Cavium Networks, IBM, Hewlett Packard, and Franklin Templeton Investments.

You can contact Dr. Rick at www.rickgoodman.com or call 888-267-6098.

Dr. Rick GoodmanEven an Established Company Can Embrace Startup Culture