The business growth process poses one of the most complicated challenges the company, its management and its owners might face. Questions such as: what is the company’s growth potential? What are the possible growth directions? what are the right growth engines? what is the suitable pace to grow and what is the correct timing in terms of the different operational and organizational aspects? All are essential questions that must be answered during the process of formulating a growth strategy.
The work process for formulating a growth strategy consists of several steps:
Work process
In depth analysis of the company and the market and the definition of the strategic business dilemmas
Formulation of a business growth strategy
Preparation of the action plans for strategy implementation
Supporting the execution