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Seven Hurdles to Successful Growth for Companies
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| Guest post by: David Carter |
Article Overview: Professor Roure (IESE Faculty, Stanford educated, Founder of Angel Investor Network in Spain) recently shared his research and experience on 7 Key Hurdles that growth companies must overcome to be successful to grow. Use this list as the basis for a thought provoking exercise for your leadership team.
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Free Download - Does your company have a coherent strategy? By David Carter |
Seven Hurdles to Successful Growth for Companies
Professor Roure (IESE Faculty, Stanford educated, Founder of Angel Investor Network in Spain) recently shared his research and experience on 7 Key Hurdles that growth companies must overcome to be successful to grow. Use this list as the basis for a thought provoking exercise for your leadership team.
Here are the 7 items:
1. Lack of Entrepreneurial Ambition to grow
2. Lack of focus and selectiveness in regard to new opportunities (chasing too many of them)
3. Lack of systematic screening process for new opportunities
4. Lack of growth driven approach (attitude) to funding
5. Lack of a superior management team
6. Lack of an effective governance system (oversight)
7. Lack of flexible approach to implementing new growth options and ownership structures
Use this list as the basis for a thought provoking exercise. Place this list in front of your leadership team and have them individually score each item for your company (1-10 scale). Then share and discuss the results as a team. This can be a powerful tool to help clarify your focus and stimulate decisions for your growth.
For more information on these concepts and to discover how you can FOCUS on the key opportunities in your business, contact David Paul Carter.
Article Tags: David Paul Carter, growth companies, hurdles
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About the Author: David Carter RSS for David's articles - Visit David's website David Paul Carter, LLC is an innovative business strategy-consulting firm focused on closely held, family managed and entrepreneurial growth companies confronted with change. We help our clients to overcome barriers to growth; and to increase the value of their company by optimizing their strategy to achieve revenue and growth, and their execution to gain more time and profit. We use a forward-looking approach to growth strategies for today’s environment, business model design, and succession planning. Our approach is free ranging; our mission is completely client focused and not bound to any one program, philosophy or set of ideas. Founder/President David Paul Carter draws on 30+ years of success as an experienced business executive, entrepreneur, strategist, advisor, and dedicated community leader. His background incorporates business consulting (for the past 10 years), entrepreneurial business ownership (2 previous companies), corporate management (senior executive positions within the Thomson Corporation, Wolters Kluwer, and Ziff-Davis Publishing companies) and international business experience (US, Europe and Australasia). He brings a unique blend of clarity, insight, and different thinking to his clients. Contact David at (215) 732-2230, or email dcarter@davidpaulcarter.com, or visit www.davidpaulcarter.com or text CARTERREPORT 22828 to subscribe. Click here to visit David's website Develop 710 Times Competitive Advantage RecessionProof Your Business Who Has the D Unclog DecisionMaking Bottlenecks Do You Own a Phrase Its Time for Zero Based Thinking |
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