Surviving
Success:
Managing the Challenges of Growth
by Jeffrey Hanson
Is it possible for a business to be too successful? Yes, according to Jeffrey Hanson. There is a point in a company's growth when it will begin to stumble if the leadership remains unchanged. Oddly, the entrepreneur who was responsible for the initial business growth is not always the right person to sustain the success.
Surviving
Success outlines the five phase of business growth enabling the business
owner to recognize where on the success path the company is sitting:
Concept Development
Foundation Building
Rapid Market Expansion
Market Stabilization
Niche Development
Hanson describes what must be done and the errors to avoid during each phase of development. Success in one phase naturally leads to further success in the next phase as long as the leaderships evolves with the business.
You, as the successful entrepreneur, want to stay at the helm of your company
as long as possible but not if it will impede growth. Jeffrey Hanson gives
you 10 Survival Tips to help you through the phases of business growth:
Know yourself
See your situation objectively
Allow personal and organizational objectives to diverge
Look for deeper issues in daily problems
Use business momentum wisely
Anticipate and plan for the changes that lie ahead
Work with and through others to achieve objectives
Sculpt the culture of the organization
Broaden your range of leadership skills
Find ways to make natural tendencies pay
Business growth requires that leaders change their approach to problems. What worked in the beginning won't work or will be less effective later in the company's life.
Copyright © 2001 Antaean Systems
All rights reserved.