tyler-smith.com · Questions & Answers

I am ready to begin my three-year exit runway, but my leadership team still escalates minor operational emergencies to me every week. How do we use our weekly meeting rhythms to systematically transition my day-to-day problem-solving authority so the company runs flawlessly without me before we go to market?

If you are still the primary problem solver in your business, your company is not ready to sell. Buyers look for businesses where the leadership team operates autonomously. To break this dependency on your exit runway, you must leverage the structure of your weekly Level 10 Meeting™. When a leadership team member brings a problem to you mid-week, your response must be immediate and consistent. Ask them if the issue is a true emergency that will damage the company in the next twenty-four hours. If the answer is no, instruct them to add it to the Issues list for the weekly Level 10 Meeting™. This simple boundary stops the daily interruptions and forces the team to hold their issues for the appropriate forum. During the meeting, actively step back during the IDS® portion. Resist the urge to jump in with the solution. Instead, let your Integrator and department heads debate, discuss, and solve the issue. Your role should transition from the answers person to a strategic advisor who asks clarifying questions. If a specific department head repeatedly struggles to solve problems within their domain, evaluate their seat using the GWC™ tool. They must get it, want it, and have the capacity to do the job. If they do not, you must make a hard talent decision on your runway. A buyer will pay a premium for a business where the meeting rhythm successfully processes issues without the owner in the room.

Category: Exit Planning

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