This is a question I often hear from frustrated business owners, CEOs, and senior leaders. How do we Scale Our Company Effectively? The company leaders had their off-site 3-day meeting and came back excited with a new plan and strategy. This will be the year we scale our company…. but fast forward sixmonths, no one is executing the strategy, and the results your team planned have not been delivered. What went wrong? …and more importantly, what can be done to design and deliver a business plan that scales the company and increases shareholder value? Scaling and profitably growing your business is not easy. It’s hard work, and that’s why so many plans as well as new businesses fail. How do we Scale Our Company Effectively? Here are some statistics for you to consider… Six of ten US adults are thinking about starting a business at any time. Here’s what happens: -- 20% fail the first year -- 30% fail year two -- 50% fail by year five -- 70% fail by year ten From my experience, Scaling Up your organization will be based on four key focus areas. People Strategy Execution Cash As we have discussed in the past, nothing in my no-smoke-and-mirrors approach to growing By Mark Allen Roberts
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