Strategies for sustaining quick Company Growth
What are the strategies for sustaining quick Company Growth?
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Strategies for sustaining quick Company Growth:
1. Companies that are focused on growing their revenues and earnings at above-average or a fast speed year after year normally have to craft a portfolio of strategic initiatives covering three prospects:
i. Short-jump: strategic initiatives to extend and fortify the company’s position in existing businesses.
ii. Medium-jump: strategic initiatives to leverage existing capabilities and resources by entering latest businesses with promising growth potential.
iii. Long-jump: strategic initiatives to place the seeds for ventures in businesses that don’t yet exist.
2. The Three Strategy prospects for sustaining quick Growth, shows the three strategy prospects.
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