User:TogquosCarne3069

Various sized businesses naturally go through different challenges and therefore, undertake different strategies to managing their growth strategy organic growth strategy. A multi-national organization may employ a more structured strategic management model, due to its larger size and scope of operations. A small to medium business may be more entrepreneurial in its approach to business growth strategy and its operations can often be more nimble and lean. Some organizations companies may be in the nascent growth stages, whereas more established Fortune 500 companies are in the sustain phase.

All successful consulting firm has a suite of standard and emerging organic growth strategy business frameworks growth strategy. Many such frameworks and concepts hinge on the original thought leadership of Porter, the father of contemporary business strategy. Consulting firms and strategy consultants practice these growth strategy templates to address, understand, and think about various business issues, that occur in different business situations. Over the past 50 years, top consultancies, such as McKinsey and Boston Consulting Group, have researched frameworks that are widely used in the business world today.

A pervasive business scenario many growth strategy business frameworks aim to fully address is the challenge of creating sustainable growth organic growth strategy. Only about a small fraction of the Fortune 500 businesses are able to sustain top-line growth strategy above the national GDP and generate returns above the S&P500. Enterprise businesses struggle to grow. We know that most companies experience difficulty achieving noteworthy growth, YoY. For most of these companies that do see high growth rates, these growth rates also erode rapidly. Between the 1960s and 2010, Fortune 50 businesses experience a median growth rate of in less than 8% in real terms (and under 10% in nominal terms). Companies achieving greater than 20% sales growth typically erode down to 8% within 5 years. Moreover, real sales growth fluctuates more than return on invested capital going from 1% to 11%. Additionally, 90% of most businesses are focused across the four sectors of Financial Service Companies, Healthcare, High-Tech, and Retail.

an emerging business framework addressing the growth challenge is called Blue Ocean Strategy growth strategy. Blue Ocean strategy thinking focuses on fostering innovation, value creation, and effective execution. Blue Ocean Strategy represents a shift in thinking to make competition irrelevant, thus creating a blue ocean; on the contrary, in the traditional competitive landscape, business play in a crowded, red ocean business landscape. With value identification, a company truly understands what the customer values and prioritizes its resources and business initiatives accordingly. With value creation, a business selects and develops the optimal growth option by finding the best tradeoff between costs and value.

To enable growth strategy, we must try and create the right drivers are in place, including timing and strategy development contribution  organic growth strategy. Each situation usually requires a different mix of skills. A diverse team bringing complementary vantage points will deliver better results for strategy development. Right now, there are two primary schools of thought around strategy management business case development. In organizational configuration, the organization takes on behaviors based on adaptation to contexts. Mintzberg proposes for an organization, bottom-ups process to drive business strategy development that hinges upon organizational configuration.

Source(s): http://learnppt.com/powerpoint/15_Growth-Strategy-Toolkit.php