Most senior managers pay close attention to the strategic side of growth—the “wheres,” “whens,” and “hows.” Yet many underestimate the importance of organisational factors in translating a growth strategy into reality.
This oversight can dampen a company’s growth plans: organisational processes and structures that are well suited to today’s challenges may well buckle under the strain of new demands or make it impossible to meet them.
Likewise, key employees may lack the skills needed to cope with the additional complexity that growth brings. By reviewing the experiences of three organisations that faced the stresses imposed by new growth initiatives, this article seeks to illustrate such “pain points” and suggests some approaches for coping with them.
Full article:
McKinsey & Co
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