“Grow or die.” (Rodale 1987). “If we don't keep growing, we'll die. This company must keep growing” (Olson and Terpstra 1992). Growth is the cover story in a variety of public business journals such as The Harvard Business Review, Fast Company, Fortune, Inc. and more. The dynamics of the competitive environment, the executive (or entrepreneur), and the firm itself impact and are affected by the process of successfully growing an organization. There is abundant research exploring the overall growth process. Less examines the critical process of changing a small, simply structured entrepreneurial firm into a functionally structured and professionally managed firm. Many entrepreneurs echo XM's observation: “We are falling because we did not know how to focus on the development in agreement with the growth” (Solymossy and Penna 2001). Growth presents challenges to the entrepreneur, the employees and the organization. Growth requires change, and successful change is facilitated by developing attitudes, behaviors, and processes focusing on tasks and organizational processes that lead to a successful and mature organization.
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