Tuesday 29 January 2008

Continuous change or ??????

Dying or Transforming – what stage is your company at ??

It is widely believed that businesses go through distinct life stages over time. Success can be said to be as simple as understanding where you are now and taking the appropriate actions ....
Although each business is unique there are seven general stages that can be identified
Stage ONE – is a brand new start-up. An Infant
Key questions are: what is your vision, purpose , reality & resources
Stage TWO – is small and fast growing. A Pioneer
Key questions are: do you want to get bigger and new systems, people, style will you need
Stage THREE – is independent and complex. A Rational business
Key questions are: how do you ensure consistency and fairness within and across specialist functions
Stage FOUR – traditionally recognised as “scientific management “ model. Established business
Key questions are: how do we encourage entrepreneurship, risk-taking and motivation
Stage FIVE – has lost its way and out of touch with customers. In the Wilderness
Key questions are: how do we change our relationship with customers , employees, stakeholders
Stage SIX – failing. Dying
Key questions are: should we make a good end or create new life ( merger, MBO etc )
Stage SEVEN – a new purpose & identity. Transforming
Key questions are: what is our new vision , who are our new customers and how do we ensure ongoing organisational learning

.. and for an additional bonus !! Compare your perception to that of colleagues, MD and customers !
Happy Transforming

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