Transition through growth

There is wide agreement in the areas of entrepreneurship and company growth that companies evolve through life cycles. However, many organisations fail to cope with these transitions and, as a result, die. These corporate deaths are often not caused by failure of business concepts, but by failure to recognise and respond to required organisational changes. One pivotal life cycle transition occurs when the company becomes too large for one person to control and a ¿professional management¿ approach becomes essential. The company has reached a turning point and it needs to become more than just an extension of the owner if it is to continue to grow and develop. Current research identifies this challenge, but offers limited advice on how to manage the transition successfully. This book, therefore, aims to fill this gap. As a result, this research focuses on systems, processes and beliefs and how they are all connected to drive the performance of an organisation. The purpose is to provide practical advice to enable successful growth to continue. This book will provide insights to business owners or consultants who want to improve the success rate for growth.