First off, expansion by maximizing growth is redundant.
More importantly, if he’s looking to have the facility running for >~40hrs a week, just hire more people. Put them on shifts and bam, the fixed overhead shrinks even smaller in relation to revenue.
That said, I have no idea what his line is, I just assume it’s small-time manufacturing.
To your first point, not always? There’s aggressive growth at all cost. Then, like a fire, everything is consumed, but you now don’t have any staying power and your competitors will tear you apart.
Or there’s sustainable growth. Having backup plans, and making sure an expansion that might not succeed will also not bring down your entire company.
It’s fine to ask your team to bear the burden with appropriate compensation on a timeline of hiring to build out a longer, more sustained work week. Do it right and you’ll even gain respect, just gotta follow-thru and be open and honest about the difficulties, while acknowledging and working with your team. Then also be present consistently during this transition phase and either help if you can, or stay out of the way if you can’t.
First off, expansion by maximizing growth is redundant.
More importantly, if he’s looking to have the facility running for >~40hrs a week, just hire more people. Put them on shifts and bam, the fixed overhead shrinks even smaller in relation to revenue.
That said, I have no idea what his line is, I just assume it’s small-time manufacturing.
To your first point, not always? There’s aggressive growth at all cost. Then, like a fire, everything is consumed, but you now don’t have any staying power and your competitors will tear you apart.
Or there’s sustainable growth. Having backup plans, and making sure an expansion that might not succeed will also not bring down your entire company.
It’s fine to ask your team to bear the burden with appropriate compensation on a timeline of hiring to build out a longer, more sustained work week. Do it right and you’ll even gain respect, just gotta follow-thru and be open and honest about the difficulties, while acknowledging and working with your team. Then also be present consistently during this transition phase and either help if you can, or stay out of the way if you can’t.
Problem is we know this isn’t how it’ll go down.