Many companies fail to deal with their success when growing too fast. The effects of
corporate growth in general and explosive growth in particular can endanger the
existence of companies that are not prepared for it.
This dissertation deals with issues of explosive growth and shows different growth
strategies as well as some issues of change management that need to be
considered. It is important to manage change successfully as it affects the
employee’s performance. Communication and involvement of employees are
considered to be very important.
Furthermore some problems that are directly linked to explosive growth are shown.
Problems can occur in terms of recruitment of appropriate staff on time or computer
systems that do not grow with the company. Financial problems can occur when
working capital is poorly managed.
In order to answer the question in the research title, secondary and primary research
have been undertaken. Secondary sources were mainly books but also various
articles in journals, newspapers and on the internet.
Primary research has been undertaken in order to get a better insight into issues of
explosive growth. The methods used were semi-structured interviews and
observation in four different companies. The findings underline the importance of
change management as culture changed in all four companies, affecting behaviour
and performance of employees.
The recommendations at the end of this dissertation reflect the key issues for
success that have been identified during this research. These include issues like a
profitable core business and successful growth strategy as well as a clear focused
management. A multigenerational staffing plan that goes with the product plan can
help to find appropriate staff in time and leasing is an easy way to upgrade the whole
computer system as soon as it becomes necessary in order to avoid problems.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Background
- Research question
- Purpose
- Literature review
- What is corporate growth?
- Active growth
- Reactive growth
- Growth strategies
- Growth pathways
- Organic growth
- Leveraging
- Merger & acquisition
- Joint venture
- Choosing a strategy
- Measures of growth
- Normal versus explosive growth
- Growth and change
- Change management
- Reasons for change
- Reactions to change
- How to manage change successfully
- Main areas where problems occur in a fast growing company
- Cash flow
- Management issues
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This dissertation examines the complexities of explosive corporate growth, exploring its potential as both an opportunity and a threat. It aims to provide a comprehensive understanding of growth strategies and the challenges associated with managing rapid expansion. The research investigates the impact of explosive growth on various aspects of a company, including its culture, employee performance, and financial stability.
- Growth Strategies and Pathways
- Change Management and Its Impact on Employees
- Challenges of Explosive Growth in Different Areas
- Recommendations for Successful Management of Explosive Growth
- Case Studies of Companies Experiencing Explosive Growth
Zusammenfassung der Kapitel (Chapter Summaries)
The introduction provides context for the research question, outlining the challenges and opportunities associated with explosive corporate growth. It establishes the purpose and scope of the dissertation.
The literature review examines the concept of corporate growth, exploring different growth strategies, including organic growth, leveraging, mergers and acquisitions, and joint ventures. It also delves into the complexities of change management, including reasons for change, employee reactions, and strategies for successful implementation.
This chapter focuses on identifying key areas where problems are likely to occur in fast-growing companies. These include issues related to cash flow management, management structure, and resource allocation.
Schlüsselwörter (Keywords)
The key concepts and terms explored in this dissertation include explosive corporate growth, growth strategies, change management, employee performance, financial management, and case studies. The research focuses on understanding the challenges and opportunities associated with rapid expansion, emphasizing the importance of effective management strategies to navigate the complexities of explosive growth.
- Quote paper
- Alexander Scheling (Author), 2004, Explosive corporate growth - opportunity or threat?, Munich, GRIN Verlag, https://www.grin.com/document/28783
