To manage rapid growth, when is a good time to change?
Typically, entrepreneurs and managers of rapidly growing start-up ventures are slow in recognizing the need to change their management structure. To them, success just reinforces their current beliefs and behaviour. Managing a venture involves looking ahead for new opportunities and behind for threats. Yet growth and wealth generated from the venture often creates bureaucracy, specialization, and a desire to protect assets instead. Published by the Global Entrepreneurship Institute (a non-profit, charitable non-governmental organization which supports educational activities) this article will help you avoid the pitfalls of rapid growth and keep you on the road to greater success. Be sure to read Managing Rapid Growth and Expansion.
