Owner transitioning to a CEO

Managing the Transition for Owner to CEO

Many of the challenges successful small business face arise from need to transition from an owner to a CEO

Transition for Owner to CEO

Owner
  • Complete control of the business
  • Highly involved in the day-to-day operations
  • Intimate knowledge of all the details
  • Playing multiple roles
  • Not usually accustomed to delegating
  • Business model, systems & process are usually not optimized
CEO
  • Shared control of the business
  • Focused more on strategy & growth, much less on the day-to-day
  • Relying on others to manage the details of the business
  • Focus on leading & managing
  • Delegation is a way of life
  • Business systems & process are much more formalized and optimized

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