How can you prepare your company for a change in leadership?
As a tech startup, we've been lucky to have a tight knit team that works really well off of each other. What is the best way I can break the news of a leadership change in our startup? And how can I ensure that my employees are on board and supportive of the change?
Share your vision and goals for the company as well as how it is achievable. This should lead to the introduction / breaking the news of leadership change. If people understand the vision first and how it will benefit them and the company, it will be easier to accept leadership changes.
Jack, in my experience through the acquisition of two other companies and taking them under my company.Change in leadership of course effects employees, especially when employees are un-informed to due changes can make them feel unsettled and cautious of the new leaderships actions i.e. is there role secure under new leadership. Be upfront and honest about the why leadership may be changing and what benefits the company may see from this and employees should be supportive of the choices and actions.
I think the best approach here is to stick with what makes your team strong today. Because you're close, you already have strong relationships. So don't be afraid to have candid conversations about what is going on, remaining transparent.
Another key component is making sure members of the team understand where they fit within the leadership change. Not everyone is guaranteed to be on board with the changes, and that's okay. There always comes a time when folks need to go their separate ways. But, so long as you had an open conversation with them about what was going on, that relationship won't be permanently damaged.
My two cents.
Start with what you know "a tight knit team that works really well off of each other" build a foundation that acknowledges growth and change applying the tools of influence. Note the tools of influence may vary with each team member. This is vary similar to what we hear from many of our great athletes "let the game come to you" then seize the opportunity. Expect to see some resistance to change as it is a normal behavior among people. Peel back the layers of resistance to understand why and then address only those issues. Most important is do not avoid addressing any resistance to change it can be like a cancer that reoccurs. Seek cures and beware of ideas and suggestions that merely treat the symptoms.