The roles

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Forget about company hierarchy. 3 roles to build a successful company.👇🏻

1/ Accountability This belongs to the ONLY person who has the "ability to count." Who is keeping track of progress and speaking up (yelling loudly) when problems come up within a specific task, team, function, or division.

It doesn't mean that he or she makes all the decisions (or even any decisions), which is why people often talk about "self-managed teams."

But someone still needs to be held accountable. The rule is that if more than one person is accountable, no one is, and things fall through the cracks.

2/ Responsibility This is the job of anyone who is "able to respond" to help the team. It includes everyone who has something to do with a certain process or issue.

3/ Authority This belongs to the person with the right to make decisions.

Example The company CFO is accountable for cash— he "counts" it every day and tells the team. He is also accountable for telling the team if he thinks there might be a problem now or later in the year.

The CEO, has authority over the money and signs off on big purchases and investments.

And everyone in the company is responsible for making sure that cash is spent wisely and that deals and contracts are set up so that they bring in cash instead of using it.

This thread is inspired by Verne Harnish's "Scaling Up: How a Few Companies Make It...and Why the Rest Don't (Rockefeller Habits 2.0)" It is a great book that you should read.

When you put these three roles together with the 12 systems, magic happens. twitter.com/luqmanshantal/status/1547219339274862592

If you want to stay in Twitter and learn more, here are few accounts that will do: @barrettjoneill @polak_jasper @ChristineCarril @IAmClintMurphy @AliTheCFO @KateBour @BrianFOConnor

@barrettjoneill @polak_jasper @ChristineCarril @IAmClintMurphy @AliTheCFO @KateBour @BrianFOConnor Subscribe to the business builder newsletter as it covers these topics in depth. getrevue.co/profile/luqmanshantal

@barrettjoneill @polak_jasper @ChristineCarril @IAmClintMurphy @AliTheCFO @KateBour @BrianFOConnor That's a wrap! If you enjoyed this thread: 1. Follow me @luqmanshantal for more of these 2. RT the tweet below twitter.com/luqmanshantal/status/1550546049437147136