Strategies for sustaining quick Company Growth

Question

What are the strategies for sustaining quick Company Growth?

Answer 1

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.