The Strategic Management of High-Growth Firms PDF Download

Author: Robert Demir
Publisher:
ISBN:
Category :
Languages : en
Pages : 58

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Book Description
Scholars' knowledge of the factors behind high-growth firms remains fragmented. This paper provides a systematic review of the empirical literature concerning high-growth firms with a focus on the strategic aspects contributing to growth. Based on our review of 39 articles, we identify five drivers of high growth: human capital, strategy, human resource management, innovation, and capabilities. These drivers are combined to develop a conceptual model of high-growth firms that includes potential contingency factors among the five drivers. We also propose a research agenda to deepen the study of high-growth firms in strategic management.

Author: Elad Gil
Publisher: Stripe Press
ISBN: 1953953379
Category : Business & Economics
Languages : en
Pages : 396

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Book Description
High Growth Handbook is the playbook for growing your startup into a global brand. Global technology executive, serial entrepreneur, and angel investor Elad Gil has worked with high-growth tech companies including Airbnb, Twitter, Google, Stripe, and Square as they’ve grown from small companies into global enterprises. Across all of these breakout companies, Gil has identified a set of common patterns and created an accessible playbook for scaling high-growth startups, which he has now codified in High Growth Handbook. In this definitive guide, Gil covers key topics, including: · The role of the CEO · Managing a board · Recruiting and overseeing an executive team · Mergers and acquisitions · Initial public offerings · Late-stage funding. Informed by interviews with some of the biggest names in Silicon Valley, including Reid Hoffman (LinkedIn), Marc Andreessen (Andreessen Horowitz), and Aaron Levie (Box), High Growth Handbook presents crystal-clear guidance for navigating the most complex challenges that confront leaders and operators in high-growth startups.

Author: Vinay Couto
Publisher: John Wiley & Sons
ISBN: 1119268532
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
A practical approach to business transformation Fit for Growth* is a unique approach to business transformation that explicitly connects growth strategy with cost management and organization restructuring. Drawing on 70-plus years of strategy consulting experience and in-depth research, the experts at PwC’s Strategy& lay out a winning framework that helps CEOs and senior executives transform their organizations for sustainable, profitable growth. This approach gives structure to strategy while promoting lasting change. Examples from Strategy&’s hundreds of clients illustrate successful transformation on the ground, and illuminate how senior and middle managers are able to take ownership and even thrive during difficult periods of transition. Throughout the Fit for Growth process, the focus is on maintaining consistent high-value performance while enabling fundamental change. Strategy& has helped major clients around the globe achieve significant and sustained results with its research-backed approach to restructuring and cost reduction. This book provides practical guidance for leveraging that expertise to make the choices that allow companies to: Achieve growth while reducing costs Manage transformation and transition productively Create lasting competitive advantage Deliver reliable, high-value performance Sustainable success is founded on efficiency and high performance. Companies are always looking to do more with less, but their efforts often work against them in the long run. Total business transformation requires total buy-in, and it entails a series of decisions that must not be made lightly. The Fit for Growth approach provides a clear strategy and practical framework for growth-oriented change, with expert guidance on getting it right. *Fit for Growth is a registered service mark of PwC Strategy& Inc. in the United States

Author: Malin Brännback
Publisher: Springer Science & Business Media
ISBN: 1461494575
Category : Business & Economics
Languages : en
Pages : 117

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Book Description
In this volume, the authors challenge some long held assumptions about entrepreneurial firms held by academics, public policy makers, investors and even entrepreneurs themselves. The first is assumption is that growth is what really differentiates an entrepreneurial firm from a small business. The second is that growth is always good. Third, if growth is rapid, and/or high growth, it is even better. Drawing from a fresh review of the literature, their own primary research and experience in entrepreneurial ventures, the authors argue that the relationship between growth and firm performance is, in fact, inconclusive. Despite the strength of contemporary bias, there is strong evidence that the growth-profitability relationship is problematic. For example, rapid growth may lead to considerable organizational challenges that can seriously constrain a firm’s ability to generate sustainable profits. Also, it is not uncommon that a growth firm becomes a victim of its own success. Using examples from industries as diverse as airlines, accounting, biotechnology, information technology, personal products, wineries, and food establishments, the authors highlight limitations to research due to variations in the choice of growth indicators, the calculation of growth measures, the measurement periods, and whether objective or subjective measures have been used. Moreover, researchers have equated growth with high growth and almost automatically assumed that this also means high technology, while policy makers appear to have interpreted this as high employment. Armed with more precise definitions and understandings of key concepts and the nature of their causality, the authors consider the implications of restoring profitability to the core of entrepreneurship for future research, firm strategy, financing, organizational structure, resource allocation, and public policy.

Author: Per Davidsson
Publisher: Edward Elgar Publishing
ISBN: 0857933612
Category : Business & Economics
Languages : en
Pages : 353

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Book Description
ÔThis collection of articles by an internationally recognized team of authors is a welcome addition to the literature on firm growth. The authors, singly and together, have previously made important contributions with regard to frameworks for understanding growth, as well as cutting-edge empirical research on the actual growth process. In this volume, the authors bring previous research up-to-date, providing a critical look at what has been published in the last decade and offering new theoretically informed insights in how and why firms grow.Õ Ð Howard Aldrich, University of North Carolina, US This insightful volume presents a collection of cutting-edge works by two of the leading researchers of firm growth. The studies extend previous research by providing stronger theoretical underpinnings and using longitudinal databases that can separate in time the firmsÕ growth from its presumed causes. They also break new ground by examining different modes of growth, such as sales growth vs. employment growth, and organic growth vs. acquisition-based expansion. Further, the studies investigate the drivers of firm growth and take a critical look at the effects, such as under what circumstances high growth is associated with high profitability. The issue of how firm growth is achieved and managed, and what consequences it has for different stakeholders is both theoretically interesting and practically important. The book will strongly appeal to academics of entrepreneurship, small business management and strategy.

Author: Azhdar Karami
Publisher: Routledge
ISBN: 1317049330
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
This book is concerned with strategy formulation issues in the relatively neglected field of entrepreneurial firms. It raises questions, such as what is the strategic role of entrepreneurship in small businesses? How does the top management in small firms perceive the processes associated with strategy formulation? How are business strategies formulated and implemented in SMEs and importantly, are there lessons that can be learnt by large corporations from the smaller ones? Using a sample covering a wide range of entrepreneurial firms in the UK, the author addresses the lack of strategic thinking in the management of small firms and provides recommendations for effective strategic management processes.

Author: Blaž Frešer
Publisher: Springer Nature
ISBN: 3030593509
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
This book explores the factors that contribute to high corporate growth, presenting a new conceptual model for research into this phenomenon. Building on existing research, the authors present a new conceptual research model that links multidimensional variables, such as entrepreneurial orientation, and human capital, with the perceived availability of different forms of financing for high-growth companies and with the measures that these firms take to overcome financial constraints and thus influence their financial performance. With this model the authors aim to enhance our understanding of the specifics of financing high growth companies and demonstrate how the availability of financial resources is one of the most important determinants of promoting development and enterprise growth. Empirically tested on a random sample of high-growth companies from Slovenia, the book seeks to make a contribution to research and enhance our understanding of the various factors involved in high growth firms.

Author: Karl Täuscher
Publisher: GRIN Verlag
ISBN: 3668032564
Category : Business & Economics
Languages : en
Pages : 150

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Book Description
Master's Thesis from the year 2013 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, University of Leipzig (Lehrstuhl für Innovationsmanagement und Innovationsökonomik), language: English, abstract: High-Growth Firms (HGFs) haben in den letzten Jahren großes Interesse durch die wirtschaftswissenschaftliche Forschung erfahren. HGFs bezeichnen dabei Unternehmen, die in mindestens drei aufeinanderfolgenden Jahren mindestens 20% Umsatzwachstum aufweisen können. Das Phänomen des schnellen Wachstums ist dabei auch aus Unternehmenssicht von großem Interesse. Beispielsweise haben solche Unternehmen einen vereinfachten Zugang zu Finanzierungsquellen und potentiellen Mitarbeitern. Dennoch wurde die unternehmerische Perspektive auf HGFs weitestgehend vernachlässigt. Die Literatur gibt bisher kaum Antworten darauf, welche Faktoren schnelles Wachstum treiben oder hemmen und mit welchen Praktiken schnell-wachsende Unternehmen diese Faktoren nutzen oder überkommen. Dabei fehlte es bisher insbesondere an Erhebungen, die sich der spezifischen Gruppe kleiner und mittelgroßer Technologieunternehmen in Deutschland widmet. Die Masterarbeit widmet sich daher der Frage, welche Faktoren schnelles Unternehmenswachstum treiben oder bremsen. Die Arbeit wendet eine Kombination aus induktiver und deduktiver Herangehensweise an. Dazu leitet die Arbeit zunächst deduktiv Treiber und Hemmnisse aus einer umfangreichen Literaturanalyse von 120 wissenschaftlichen Artikeln und Büchern ab. Um neuartige Erkenntnisse für die Gruppe deutscher Technologieunternehmen zu erheben, wurden Interviews mit Gründern und CEOs von 21 schnell wachsenden Unternehmen durchgeführt und mittels Software-gestützter Inhaltsanalyse ausgewertet. Die Arbeit trägt in mehrfacher Hinsicht zur bestehenden Forschung bei. Erstens generiert sie eine umfassende Klassifizierung der bestehenden Literatur hinsichtlich der Faktoren und Praktiken schnellen Unternehmenswachstums. Zweitens, generiert die Arbeit generiert aufschlussreiche empirische Daten und entwickelt ein Wachstumsmodell für schnell-wachsende Technologieunternehmen. Weiterhin ordnet sie den identifizierten Wachstumsphasen die entsprechenden Treiber, Hemmnisse und Unternehmenspraktiken zu. Zuletzt generiert die Arbeit ein Set an Propositionen zur weiteren Untersuchung und entwickelt ein Instrument, welches es Managern erlaubt, das Wachstumspotential ihres Unternehmens zu planen und mit konkreten Maßnahmen zu planen.

Author: Per Davidsson
Publisher: Now Publishers Inc
ISBN: 1601983565
Category : Business & Economics
Languages : en
Pages : 111

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Book Description
Small Firm Growth comprehensively reviews the empirical literature on small firm growth to highlight and integrate what is known about this phenomenon and take stock of what past experiences of researching this area implies for how the phenomenon can or should be studied in future research.

Author: Rajeswararao Chaganti
Publisher: Praeger
ISBN: 9780899305615
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
This volume systematically and scientifically analyzes 500 entrepreneurial firms and isolates the reasons for their successes and failures. The authors examine whether there are any "laws" of success and failure that are applicable to small and mid-size companies and identify profitable strategies in various industries and under differing economic conditions. Designed as a reference book for corporate executives, small business owners, and consultants, the book will also be extremely useful to graduate students interested in researching the application of strategic management concepts to small companies.