Charles Darwin taught us that species need to continually evolve in order to
thrive - and develop different skills and attributes to match their environment
and new challenges. Failure to do this results in lack of success or even extinction!
Similar principles apply to a business - at each stage of evolution the challenges,
resources, skills and strategies required are significantly different.
SPS defines these stages as:
- Start-up
- Early Stage
- Growth
- Maturity
- Dominance
- Decline
In many companies the resources, skills and strategies available don’t change
as the company progresses – and as a result the company fails to evolve as well
as it should, stalls or even declines.
Then, the environment around the business changes. Having failed to evolve,
the company is not fit for the new environment and starts to decline.
- What phase is your business in?
- Has the business evolved as it has developed?
Useful links:
- Some thoughts on how best to manage the growth phase.
- Not sure what you need to consider with regard to evolution?
SPS works alongside owners and directors of progressive businesses to help them
achieve their objectives and build real value in their companies. We have been
involved in the successful launch, development and growth of a variety of businesses
in over 30 business sectors.
Talk to SPS
If you are a Director of a progressive business of any size and you are reflecting upon the future of your business then talk to SPS. Our board advisors have an enviable record of success of working with people just like you.
If you are a Director of a progressive business of any size and you are reflecting upon the future of your business then talk to SPS. Our board advisors have an enviable record of success of working with people just like you.
For more information contact:
Martyn Fray on 01858 545885 or martyn.fray@talktoSPS.com