Summary
As organizations expand, they often encounter mission drift, where they lose focus on their initial vision. Founders must transition from making all decisions to involving stakeholders, employees, and investors who may have differing perspectives. Scaling brings challenges as founders need to share control with a broader range of stakeholders and investors, impacting the organization's identity and mission.
Mission Drift
Organizations face mission drift as they grow, losing control over their initial mission and vision. Founders initially make decisions, but with scaling, they need to involve stakeholders, employees, and investors who may not share the same vision.
Maintaining Control and Image
Initially, founders have tight control over the organization's actions and public image. However, as the organization scales, founders need to delegate decision-making and involve a larger number of stakeholders, including employees and investors.
Scaling Challenges with Stakeholders
Founders face challenges as the organization scales, needing to bring in various stakeholders who may have different visions for the organization, along with investors who become co-owners.
Visibility to External Stakeholders
As the organization grows, it becomes more visible to external stakeholders who become involved in defining the organization's identity and mission.
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