Growth Gauntlet: 2022 Survey Results
SSM and PeopleCap are excited to share the results to our first Organizational Growth Survey!
Culture and people are essential elements to manage as our companies scale. We teamed up with the our Operating Partner, Meg Crosby, at PeopleCap Advisors to better understand the stages of development high growth companies move through to scale effectively.
This survey was sent to a select group of high growth, early-stage, SaaS and tech-enabled businesses in June 2022 and reveals some valuable insights on scaling organizations at this moment in time, including:
- 2/3rds of respondents had 50%+ of their workforce fully remote
- Hiring is the top pain point facing CEOs today
- Companies that raise institutional capital are best equipped to scale their culture
- Moderate growth produces the greatest organizational maturity
- Most companies add a dedicated HR employee after 50 FTEs