What's up guys, welcome back to build.

And today we want to get super tactical

and we are going to talk about reorganizing your team.

So today is a very tactical episode

for business owners specifically.

And that is okay because I really want to talk about it

because I think it's really important.

I want to tackle a topic that makes many people nervous, leaders and employees

in both, which is team reorganizations. Okay. So what is a reorganization? It's when you

reorganize the structure of your team, the incentives, the compensation, the reporting structure,

the titles to better fit the organization's needs now.

Really interesting, which is, this is a stat for McKinsey,

74% of organizations that underwent a reorg in the last three years

experienced significant delays or budget overruns.

Actually, only 11% reported even achieving their intended benefits.

But here's what I want to talk about today.

Why did those 11% get it right?

This is something that I have had to do time and time again in my business,

and I will tell you why.

There are really only four reasons why people do a reorg.

And I have fallen into one of these categories many times, if not multiple.

First one is that your current structure doesn't support your strategy. So the way that your department

...