Proprietary Algorithm: How to Define Areas of Responsibility in Business
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In our new partnership analysis, we'll look at how to distribute areas of responsibility in business. I'll share my own algorithm that will help you build a decision-making system within a business partnership. We'll discuss how to agree on roles and expectations in a joint business, and what's important to do at any stage of the partnership to ensure the company's management and development process is as effective as possible.
00:00 In this episode
00:25 Why a partnership session is necessary
09:12 Role levels in business partnerships
23:36 Exercise "Areas of responsibility." Partner roles and expectations
47:32 Authority and information matrix
01:01:30 Benefits of a partner analysis
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