Challenges and success factors for sustainable growth: Experience from strategy consulting
Jens Schädler and
Melanie Oschlies
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Jens Schädler: Bain & Company
Melanie Oschlies: University of St.Gallen
A chapter in Balanced Growth, 2012, pp 95-104 from Springer
Abstract:
Abstract Economic recovery following a financial crisis includes companies in most sectors showing increased growth ambitions. Although some of the immediate growth opportunities might be tempting, a clear strategic path must be followed to achieve sustainable success. It is important to first define and assess a company’s core business. The next steps are then – depending on the outcome of the first analyses – to focus on and realize the existing core business’s full potential, to expand into adjacencies, or to redefine the core business. This chapter illustrates the way to become a sustainable value creator by raising a set of questions each manager must answer along a successful growth path. Potential answers to the individual questions are described, supported by selected company examples.
Keywords: Success Factor; Customer Loyalty; Growth Opportunity; Core Business; Balance Growth (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-642-24653-1_7
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DOI: 10.1007/978-3-642-24653-1_7
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