Early-stage generalists are replaced by or supplemented with specialists (e.g., in-house legal counsel, tax experts, and asset-class specialists like private equity or real estate).
Transitioning from descriptive, informal reporting to actionable, data-driven reporting to support decision-making. office matures
As an organization grows, detailed policies are necessary to ensure consistency and prevent, as one report from the Securities and Exchange Commission warns, improper documentation. Early-stage generalists are replaced by or supplemented with