Growth of the Company

"You can not be the best of the world with the core company, the core company can not be the foundation of a big business."

(Jim Collins)

In this stage, there are more intelligence, and persons, who provide solutions for the problems arose from the #growth, reveals. Among these persons, "Little Firefighters" show up to quench little fires occurring. These firefighters are little but the solutions they provide are great needs to carry over the business. Namely, the employees, having practical intelligence and developing workarounds for problems, come to the fore. These employees prevail and become heroes in the business with their solutions to survive the business. In this stage, business proceeds by saving the day and growing rapidly instead of improvements with big leaps or setting permanent systems. This progress is a kind of job guaranty for little firefighters being good in emergency solutions.

While the business is growing rapidly, commercial success is accompanying it. The business increasing its market share gets the power to invest for improving its physical opportunities.

New investments are made to meet increased growth. E.g. #production area becomes insufficient and another structure is built beside. These structures are built part by part along with the growth. Dissimilar buildings, such as a canopy hood in garden, an additional warehouse, a half storey for the new machine or lines, are constructed. Requirements are generally met in this way without debating or a complete planning and project. These unplanned investments bearing short term in mind will be removed or remain idle in long term. In such cases, if it is a production business, irregularities in material movements, transport lost due to production machinery placements are normal.

In this stage, generally, founder's children are involved. Now second generation starts to work in business and founder tries to educate its children to transfer them the management.

Founder worries about what will happen after him. Father would like to see the same devotion from his children, there can be a conflict of #generations. The most reasonable solution in this stage is that founder getting coaching support for his children from a trusted and reliable person. Communication issues between fathers and children affect the learning, and #coaching relation will be more efficient for education and learning. #faundation #company #şaşkınşirket #confusedcompany #umurconsulting #familybusiness #corporate #institutionalization #businesses #psychology #hasanumur #coaching #generations #production #growth