When an organisation stops growing and needs to move to the next stage, or wants to engage in a real growth project, it’s essential to communicate a vision, to give direction each employee, to guide and inspire them. Indeed, a thriving business is one which is constantly rethinking, reorganising and changing strategy, without ever ignoring its …
Which SME has not dreamt of an annual growth of 20, 30 or even 40%? However, there are dangers with such a pace, the main one being to misjudge the « growth thresholds » at which the organisational structure, the teams and the daily work processes need to be adapted. Let’s explain: Whilst nobody wants stagnation or …
don’t try to fix stagnation by re-structuring: ORGANIsATIONAL PROBLEMS ARE MOST OFTEN solved by GROWTH. Some businesses are just coasting. This doesn’t mean that they are in a nose-dive, but simply that they are stagnating. Turnover is no longer improving, profitability is imperceptibly reducing, employees and the Owner/Manager are becoming demotivated (the two often go …
During the 2008 crisis, we rediscovered the virtues of family businesses. They offer a lot of advantages over listed companies: stable shareholding, long-term management, prudence and low levels of debt. So much so, that they were referred to as « the last bastions in the crisis » in a study by the UBS bank. WHAT IS A …
It’s a fallacy that external growth is reserved for large groups and flourishing companies! Smaller, strategy-savvy SMEs can embark on this adventure too, accelerating their development by years. Here’s a few tips on how to navigate the process: 1. CAREFULLY EVALUATE THE true benefits OF EXTERNAL GROWTH Many SMEs consider that external growth is full of pitfalls: …
The franchise is not just the preserve of the big national brands! SMEs seeking growth are increasingly choosing this approach. And with ten, twenty or fifty franchisees carrying their products and their brand, they can grow quickly. You can gROW but you don’t necessarily need extra EMPLOYEES Franchising enables rapid and relatively safe development for the franchisor, …
