The Next-Round approach provides a solid basis for the growth of your organization.
The experience of many entrepreneurs is that once they have started they do not know how to grow further. Starting a business is relatively easy but once several staff members are taken on, steps have to be taken in terms of processes and communication. At that point it becomes increasingly difficult to keep track of what everyone is doing, the need arises to add new talent to the team, commercial frameworks need to be set up, it needs to be clear what everyone is being held accountable for and it becomes increasingly difficult to make the company's mission and strategy clear to all employees.
Addressing all these pain points is necessary to ultimately grow the organization responsibly and to make the most of the potential of you as an entrepreneur and your team.
Next-Round's approach allows organizations to grow in 3 stages.
Stage 1: Foundation
The prerequisite for growing a business is to avoid making mistakes in 4 fundamental areas. This is because the most minor mistakes lead to the maximum potential not being realized.
Stage 2: Discipline
Discipline is necessary to successfully implement all choices. This means setting clear priorities per period and translating them to teams and employees so that everyone knows exactly what their contribution should be to the company's success. This requires key figures to measure progress and these key figures must also be translated to group and individual level. In addition interaction is very important. Preferably frequent and structured. These interactions are characterized by their short duration and serve in particular to generate energy. Frequency leads to optimal synchronization in the organization.
Stage 3: Improve
Of great importance is a so-called "learning culture". Technology is increasingly essential in this respect. Digitize and automate as much as possible, focusing on continuous individual training and external support to challenge and improve the organization.
All this will ultimately lead to higher appreciation and profitability, less time to manage the organisation and, above all, more involvement and commitment from each individual.