Innovative and fast-growing companies are subject to special dynamics.

What does this mean to you as an entrepreneur?

How do you make sure that you remain successful whilst expanding your company?

Typical challenges of growing companies are often similar when you are leading a company in the field of information technology, biotechnology, the pharmaceutical industry, systems engineering or wind energy:

• How do I push business success in a period of growth?
• How do I secure my company‘s growth?
• How do I steer my company as an entrepreneur on the growth track?

These are typical drivers of success for growth companies:

A stable management team in which team members complement each other.

Do you have expert and commercial know-how in your team? Do your leadership team members complement each other professionally and personally? Does at least one professional work intensively on sales? Is there a systematic process of product development leading to scaling effects to make your growth profitable?

Shaping structures and processes actively and adapting them whilst growing.

Is it clear to each manager and employee who takes on which role and tasks? Is it clear how key processes are run and who has responsibility? Create an organisational landscape for your business and space for innovation. It helps people to grow with their competencies in your company.

Consciously fine-tuning business strategy.

Customers, competitors and their innovations drive the company, an important factor as customers generate value. During ambitious growth periods it will be helpful to focus resources on a clear company strategy – with defined target customer segments and a coherent product offer. This way, you will avoid wasting your resources.

I will support you in defining and implementing your strategy. Furthermore, I will support you in working out lean performance management to ensure you reach your goals with your employees.

Managing through company culture.

 Economic goals in particular are closely related to a sustainable company culture – which means: what do you wish to accomplish with your team, how do you actually deal with cooperation in your company? Setting out a clear path and a good example every day helps employees to direct their own actions.

This way, you will create stability in growth periods.

Building up an eligible company team.

You will need people on board who support your business case and act cleverly. Where do you find them? How do you find out during selection interviews if their motivation matches your goals? Use precise job specifications and structured interviews when selecting employees.

For managers in growth companies, I am offering tailor-made  training and coaching on personnel management. You may also benefit from staff selection instruments which measure suitability and motivation with proven accuracy. For leadership teams, team development will be helpful to stay on track together.