Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Week 13: Discussion A At Gold olocks growth solation = one that is just night for our business Discussion - Kyle just suoceeded his tather

image text in transcribed
image text in transcribed
Week 13: Discussion A At Gold olocks growth solation = one that is just night for our business Discussion - Kyle just suoceeded his tather as the CEO of a consumer products firm. Prior to returning to the family business, Kyle had apent 11 years at Proctor is Camble, Kyle's dad has bulis a solid company, but over the past five years, its growth was flat. Kyle wants to orow the company, but at the same time, doesn't want to disturb its beaithy culture or overshoot its ability to manage growth, Kyle's question to you is, "how do I manage this careful balance?" What would you tell him? Week 13: Discussion A A On the other hand while unanticipated fast growth can be protiematc, nat growth may not load to business success Enuepreneut magazine oflers many rasens whry a busness may find ts growti to be stagnant. These include an out of date business plan, a lack of a compettive advantage, over spending co tochnology lack of learmales and much more The yoed news s eat inen Be 9 entrepreneur recognizes the problems, they can be addressed But the hard part may be that recognition and diagnesis In the first discussion this week, we looked at a scenaro where a business finds itselt with growth that is too rapid Hore wo look at a stion grosth scenaio As entirgroneurs we med to tand the Goldielocks growth solution - one that is just right for our business Reference - Berier, C (2015). 9 reasons why your business growin has plateaued - and how to tx that Retrieved trom hllps ilsww entrepreneur comvarider250622 Discussion - Kyle just succeeded his father as the CEO of a consumer products firm. Prior to returning to the family business, Kyle had spent 11 years at Proctor 5 Gamble. Kyle' dad has built a solid company, but over the past five years, its growth was flat. Kyle wants to grow the company, but at the same time, doese't want to disturb its heaithy culture or overahoot its ability to manage growth. Kyle's question to you is, "how do I manage this careful balance?" What would you tell him? Week 13: Discussion A At Gold olocks growth solation = one that is just night for our business Discussion - Kyle just suoceeded his tather as the CEO of a consumer products firm. Prior to returning to the family business, Kyle had apent 11 years at Proctor is Camble, Kyle's dad has bulis a solid company, but over the past five years, its growth was flat. Kyle wants to orow the company, but at the same time, doesn't want to disturb its beaithy culture or overshoot its ability to manage growth, Kyle's question to you is, "how do I manage this careful balance?" What would you tell him? Week 13: Discussion A A On the other hand while unanticipated fast growth can be protiematc, nat growth may not load to business success Enuepreneut magazine oflers many rasens whry a busness may find ts growti to be stagnant. These include an out of date business plan, a lack of a compettive advantage, over spending co tochnology lack of learmales and much more The yoed news s eat inen Be 9 entrepreneur recognizes the problems, they can be addressed But the hard part may be that recognition and diagnesis In the first discussion this week, we looked at a scenaro where a business finds itselt with growth that is too rapid Hore wo look at a stion grosth scenaio As entirgroneurs we med to tand the Goldielocks growth solution - one that is just right for our business Reference - Berier, C (2015). 9 reasons why your business growin has plateaued - and how to tx that Retrieved trom hllps ilsww entrepreneur comvarider250622 Discussion - Kyle just succeeded his father as the CEO of a consumer products firm. Prior to returning to the family business, Kyle had spent 11 years at Proctor 5 Gamble. Kyle' dad has built a solid company, but over the past five years, its growth was flat. Kyle wants to grow the company, but at the same time, doese't want to disturb its heaithy culture or overahoot its ability to manage growth. Kyle's question to you is, "how do I manage this careful balance?" What would you tell him

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ACCA Financial Accounting Study Text 2020 21

Authors: Emile Woolf International

1st Edition

1848439210, 978-1848439214

More Books

Students also viewed these Accounting questions