More demand than they can handle – Michael Kogan

There’s no simple way to determine whether it’s time to add a chief operating officer, but you may need to act if “the current C-suite faces more demands than can feasibly be accomplished in even the longest workday,” commented¬†Stephen Miles during an interview with Michael Kogan. ¬†Some companies choose to hire an outsider while others promote from within, but either way, you’ll want to make sure the role is clearly defined.

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