Early and late-stage hypergrowth. (opens in new tab)

Last week, a colleague asked why I’d hired an additional new leader onto an important area rather than expanding an existing leader’s scope to incorporate that area as well. The existing leader was a known quantity and doing well, so why not keep expanding them? It’s a good question, and depending on the circumstances I might have done either, but explaining why I specifically brought in a new leader this time depends a bit on a distinction I think of as early versus late-stage hypergrowth. I...