The importance of people and culture when scaling up

Understanding how to create and nurture the right company culture is a key element in ensuring the success of a growing business.

When small businesses are looking to expand, the practicalities of space, resources and cost are often front and centre of plans. But business owners need also to pay close attention to the more intangible aspects of what makes their organisation successful. It is important not to lose sight of culture and team dynamics, and how they might have to evolve as the business grows.

first published on the ICAEW website