Nine Challenges with Business Growth
Edward D. Hess, professor at the University of Virginia's Darden Graduate School of Business and author of Growing an Entrepreneurial Business: Concepts & Cases had identified the Top Nine Challenges with business growth: Getting Overwhelmed with Growth: Growth is change. Growth requires more processes, controls and people. Too much growth too quickly can create financial, quality, and reputational risks that, if not properly managed, can lead to the demise of the business
Nine Challenges with Business Growth
Edward D. Hess, professor at the University of Virginia's Darden Graduate School of Business and author of Growing an Entrepreneurial Business: Concepts & Cases had identified the Top Nine Challenges with business growth: Getting Overwhelmed with Growth: Growth is change. Growth requires more processes, controls and people. Too much growth too quickly can create financial, quality, and reputational risks that, if not properly managed, can lead to the demise of the business
Creating an Engaged Workforce
As cliche as it sounds people really do drive the success of business. Working on your people strategy will enable you to understand your business drivers for: employee engagement employee performance We've been working with a number of businesses to understand how engaged their people are and how to implement actions that lead to improved engagement. Here are some common activity that drives engagement. Create a Partnership - Treat each employee as a valuable member of you
Key elements of effective planning
How well do you plan in your business? How well do your plans link to your business goals? Although the exact structure of business plans vary, here are some key elements to think about: What is your vision? .... what's your story and where are you going?; What does your company do? ... can you clarify your products or services; What's your USP? (Unique Sales Points) .... how are your products or services different; What does your market look like? outline the market, comp
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