Growing Pains of Early Entrepreneurial Growth - to links to descriptions
Of Mid-Entrepreneurial Growth - to links to descriptions
Of Late Entrepreneurial Growth - to links to descriptions
An entrepreneur faces significant challenges. The types of problems you will encounter as your innovative enterprise becomes successful and grows will change dramatically over time. No single approach to management will be effective over several divergent growth phases.
Yet, many entrepreneurs do not have the financial resources to create a large management team representing the different management priorities and practices. Instead, they must adapt to the changing demands themselves.
Even if an enterprise can afford a large management team to address the wide range of situations, a larger team has drawbacks. Large teams can be less cohesive and slower moving. A small team can be more nimble and navigate the terrain of entrepreneurial growth more quickly. Thus, many management teams prefer to be small and nimble.
A success-driven entrepreneur will need to advocate different practices and priorities at different times on the growth path. Success in accelerating entrepreneurial growth over multiple growth phases is not based on any single set of management practices and priorities - or single management style.
Success is based on how fluid one is in shifting priorities and practices as requirements of success change. Your preferred management style is simply your personal starting point on that journey.
Your journey will be less stressful, quicker, and more successful if you have a roadmap for the path ahead and an objective assessment of your management style biases.
Copyright © 2020 CPM Consulting - All Rights Reserved.
This website uses cookies. By continuing to use this site, you accept our use of cookies.