BUY WITH CONFIDENCE
DESCRIPTION
This presentation introduces a framework for entrepreneurs to use when building and navigating their business from a nascent, startup state to an enterprise with a global footprint. This framework, called the 5 Stages of Business Growth, is based on the fact that all businesses experience common problems that arise at similar stages in their development.
Familiarity with the Five Stages of Business Growth allows the business owner and business consultant to develop invaluable insights, including:
• Knowing what to focus on at what stage
• Appropriate management style at each stage
• Anticipation of key challenges at various points
• Critical success factors through the company's progression
• Involvement of owner at various stages
• Evaluation of impact from governmental regulations and policies
You can increase your organization's chances of building a successful enterprise by understanding and anticipating the stages of growth.
As each stage requires a different management style, it is common for the management team to also change as the company grows from small to enterprise. In fact, as a company evolves through each stage, it is critical for the owner to know when to give up control and delegate responsibilities. Failure to do this will result in the perpetual stagnation of the organization's growth and potential.
To elaborate on the above, this presentation also discusses Critical Success Factors (CSFs) around the areas of cash, the owner's abilities, strategic planning, and other key management factors
This PowerPoint presentation also includes case examples that illustrate how various organizations have evolved and matured through each stage, from Existence (Stage 1) to Resource Maturity (Stage 5).
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Source: Best Practices in Maturity Model, Entrepreneurship, Small Business, Growth Strategy PowerPoint Slides: Five Stages of Business Growth PowerPoint (PPT) Presentation, LearnPPT
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ABOUT THE AUTHOR
Additional documents from author: 82
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients clients that range from Fortune 500 companies to startups to $1B+ private companies.
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Growth Strategy Frameworks
This bundle contains 6 total documents. See the additional documents to the right.
Growth Strategy Small Business Entrepreneurship Maturity Model Porter's Five Forces Competitive Advantage Breakout Strategy Sales Organizational Design Industry Analysis Strategy Development Consulting Frameworks Financial Modeling Business Case Development Mobile Strategy Cyber Security Business Transformation Customer Experience Digital Transformation Vision Statement
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