Monday, June 27, 2011

Article of Interest: Characteristics of Second-Stage Growth Companies

Are you experiencing second-stage growth pains? Many Women Presidents' Organization members are. The signs are usually very telling. According to our partner, Edward Lowe Foundation, the characteristics are as follows:
  1. Many people are not aware of what others are doing.
  2. People lack an understanding of the firm's ultimate goals.
  3. A precipitous drop in product quality occurs for unknown reasons.
  4. Turnover increases sharply, just when the company needs more personnel.
  5. You wake up worrying about operational tasks that someone else ought to be handling.
  6. All your customers want to meet with you, but finding the time to do so seems impossible.
Learn more about second-stage growth for a business and what to do about it.

Characteristics of Second-Stage Growth Business Owners

Posted by:  Women Presidents' Organization Chicago 

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