What to do when your old boss is your new chair
Renegotiate the CEO-chair relationship and set clear boundaries to align strategy, culture, and leadership styles....
by Jim Pulcrano Published October 22, 2026 in Brain Circuits • 3 min read
The first quality of a successful scaler demands patience and discipline: prototype, experiment, measure, learn, and repeat until you have product–market fit and ensure that the market is there. Only then should you begin to design for scaling.
Identify the North Star metrics that guide growth: two or three actions that will move the company forward and the numbers or ratios that indicate good decisions. Focus on leading indicators – what you expect to see in the future rather than past sales figures.
If your product or service generates great feedback and sales, you will be faced with a multitude of opportunities. Your bandwidth is limited. Align opportunities with your North Star metrics and say no to everything else.
The structure, processes, incentives, and people profiles you had at founding likely need to evolve (or even change drastically) as you scale. As CEO and founder, you need to identify which decisions you must keep for yourself, then delegate effectively.
As you scale, the quality of a client should not be judged solely by their immediate financial value. They should also bring you new clients and challenge the organization and mature it. And think about which customers make good partners for experimentation – ideally, a forgiving customer who will work with you through failures, but small enough that a failed experiment will not damage your business.
As many aspects of a startup or scale-up are in the realm of the unknown, the appropriate approach requires humility combined with a commitment to experimentation and learning.
A commitment to growth is not decided in a vacuum. Decide this goal with your board and your team, then announce your decision clearly. Team culture will probably have to change as you move from growth to scale-up, so make sure everyone is aligned.
Go through these questions to make sure you are not skipping any key stages:
Successful scaling is less about strategy than about the evolution of the founder and their successors through the repeated application of seven strategic, organizational, and leadership disciplines.
Adjunct Professor of Entrepreneurship and Management
Jim Pulcrano is an IMD Adjunct Professor of Entrepreneurship and Management. His current projects include teaching in Lausanne, London and Silicon Valley, research on disruption, and various strategy, networking, customer-centricity, and innovation mandates with multinationals in Europe, Asia, and the US. At IMD, He is Director of the Venture Capital Asset Management (VCAM) program and teaches on the Executive MBA (EMBA), Orchestrating Winning Performance (OWP), and full-time MBA programs.
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