If I implied that this was expected in a small business, I apologize as that wasn't my intended message. I was referring to the current maturity of LMG. LMG is worth $100M, with 100+ employees, putting it in the midsize business category.
And in that league and above, it is not just expected, but required. The stakes are just too high for an unstructured/informal approach to running the business, which is what LMG is learning/about to learn, hopefully.
The sad thing is that many orgs go through these exact transitional problems, the only difference is that LMG is under the scrutinizing lens of the internet.