What’s the best strategy for running a high growth company and speeding up implementation?
- I think a good analogy of achieving maximum speed is to borrow an analogy from BitTorrent sharing.
- Instead of relying on 1 web developer, for example, why not have 1,000s of web developers bid on each individual project you do? Only using 1 developer creates a bottleneck. Hiring or downloading, in the case of torrents, from multiple parties, mitigates risk and helps increase speed.
- Instead of assigning a project to one person, why not break up a project’s tasks into 10 bite size pieces and assign them to 10 different people?
How do you manage these tasks?
- Project management tools (basecamp, teamlab etc)
- User permission logins (Every item you use should have a unique login)
- Shared documents (eg. Google Docs/Zoho Docs)
Your key objective as a leader is to great a blueprint, a roadmap, or a canvass.
You should also provide clear instructions and find talented people to execute. Spread risk among multiple parties. Don’t blackbox yourself to only one provider.