How do management roles evolve with business growth?
As businesses grow, management roles often become more specialized and complex. Initially, managers may wear multiple hats and handle a variety of tasks. However, with growth, roles tend to become more defined, and additional layers of management may be introduced. This evolution allows for: - Specialization: Managers can focus on specific areas like marketing, finance, or operations, increasing expertise and efficiency. - Delegation: Higher-level managers can delegate tasks to middle managers, allowing for better focus on strategic planning. - Scalability: Structured management roles enable the organization to scale operations and enter new markets more effectively.