As a founder or company director, growth is one of your primary objectives. And yet, there probably isn’t anyone within your organization who is directly responsible for driving growth and growth alone.<\/p>\n\n\n\n
This is where a VP of Growth comes in. Think this position is reserved only for larger businesses? Think again! Here, we’ll be explaining what a VP of Growth does and making the case for why your business needs one\u2014no matter the size.<\/p>\n\n\n\n
A VP of Growth\u2014sometimes referred to as Head of Growth or Growth Director\u2014is a strategic thinker focused solely on spearheading growth initiatives and driving improvements within an organization.<\/p>\n\n\n\n
In order to achieve these objectives, VPs of Growth work with various teams and departments within the organization, including:<\/p>\n\n\n\n
They also collaborate with data analysts to track progress and identify areas of opportunity.<\/p>\n\n\n\n
The VP of Growth’s main goal is to find creative solutions that help you get more customers and retain existing ones. In other words, they are focused on finding new ways to grow the business.<\/p>\n\n\n\n
The VP of Growth may also outsource some of their duties to a growth marketing agency<\/a>, consultant, or freelancer and take on a role resembling that of a project manager.<\/p>\n\n\n\n A VP of Growth is responsible for developing and implementing growth strategies. TThey wear many hats, and their day-to-day tasks can vary greatly.<\/p>\n\n\n\n Here are some duties that often come along with the role:<\/p>\n\n\n\n Related: <\/strong>Learn more about what Fractional CMOs<\/a>, T-Shaped Marketers<\/a> and Growth Marketing Managers<\/a> are <\/p>\n\n\n\n The main benefit of hiring a VP of Growth is that your company has a high-level manager to align the efforts of various departments and teams in a way that is conducive to achieving growth objectives.<\/p>\n\n\n\n This is incredibly important. Isolated departments and teams have a tendency to make decisions that benefit them and their objectives in the short-term. They do this without realizing that they may be adversely affecting other departments or the company as a whole in the long-term.<\/p>\n\n\n\n A VP of Growth can take a step back and see the big picture. This allows them to develop tactics that take into account the objectives of all departments and teams. It also ensures that everyone is working together towards a common goal.<\/p>\n\n\n\n In addition, a VP of Growth can:<\/p>\n\n\n\n Since a VP of Growth will spend the majority of their time collaborating with team members, management, clients, partners and suppliers, near-perfect communication skills<\/strong> are a must.<\/p>\n\n\n\n A VP of Growth also spends a significant chunk of their day gathering and analyzing data, so they should be analytic<\/strong>, detail oriented<\/strong>, and proficient problem solvers<\/strong>. <\/p>\n\n\n\n They must be able to work well on their own<\/strong>, with the ability to transition smoothly into team settings<\/strong> when necessary.<\/p>\n\n\n\n Finally, they need to be goal-driven<\/strong> and constantly looking into how improvements can be made to get the business closer to achieving set objectives.<\/p>\n\n\n\n If you don’t want to turn to an outside-hire, you can also train someone in-house to take on the role of VP of growth.<\/p>\n\n\n\n Start by identifying employees with the potential to be trained for the position. They should already have some experience in marketing and customer service, as well as a track record of success in achieving objectives.<\/p>\n\n\n\n Then, provide them with the resources they need to be successful in the role. One simple (but incredibly effective) way to go about this is by finding them a growth mentor<\/a>.<\/p>\n\n\n\n This could be someone who currently holds the position of VP of growth in another company, or even a retired executive. The important thing is that they have the necessary experience and knowledge to help guide you or your employee in this new role.<\/p>\n\n\n\n There are many ways to take your business to new heights outside of hiring a growth director.<\/p>\n\n\n\n Signing up with Growth Mentor is one of them! We connect you with experienced mentors (including VPs of Growth) to help get you and your team to learn the skills needed to grow a successful business.<\/p>\n\n\n\n Benefits of Growth Mentor membership include:<\/p>\n\n\n\nWhat Are the Duties of a VP of Growth?<\/h3>\n\n\n\n
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Benefits of Hiring a VP of Growth<\/h3>\n\n\n\n
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What To Look for When Hiring a VP of Growth<\/h3>\n\n\n\n
Training a VP of Growth In-House<\/h3>\n\n\n\n
Need Guidance from a VP of Growth? Growth Mentor Can Help<\/h3>\n\n\n\n
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