How a Decentralized Corporate Structure Supports Growth
In this video, CEO Mark Miller discusses how Volaris’ decentralized corporate structure supports growth by empowering leaders to run and grow their businesses independently.
For your convenience, a transcript of the video is provided below:
I see the business as a bunch of different Lego blocks of different shapes and sizes, and each of those Lego blocks is run by a person who controls that business. And so we’re really the sum of our parts. By allowing different leaders to help coach other leaders to run their businesses and continue to acquire businesses and build them up—that's a very robust structure. It’s a very scalable way to do it. And the way to do it is having very little centralization, allowing leaders of our businesses to run their own show, decide what they need to do, and benchmark them against each other so they can learn best practices. That’s how it works, and it seems to be scaling very, very well. I’m very pleased with the progress today.