Success depends on you building the right team

Brian Casey | Pariseault Builders Inc. president

A major component of a CEO’s role is to make important decisions. These can range from expanding into a new market to launching a new product.

Over the years, I’ve learned the importance of not trying to do it all yourself. It can be tempting to just pull the trigger on a decision or take on the research involved yourself. But it is important to keep in mind that just because you may excel at running your particular business, you are not an expert in all other areas.

Having the ability to identify people within your organization, or outside, with the specific set of skills needed to assist with making a particular decision is essential to running a healthy company.

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The most effective teams have members who feel empowered to challenge others and have the ability to vet all options in a fluid manner.

The challenges many businesses, especially smaller ones, face with building these teams is the perceived time and cost. It can be difficult to ask people in your organization to take time away from their daily grind to focus on a separate issue. It can be equally as challenging to allocate the resources to hire an expert in a particular field to join your team.

However, I can honestly say that the best decisions we have made as an organization have been when we have assembled a team of experts to work together.