27 Key Strengths currently in place at Successful Growth Companies

Please circle the Top 5 Strengths in your company

 

    1.   Profits are more than adequate to grow the company
    2.   Strong business/profit design
    3.   Customers are referring your products/services to their friends
    4.   Healthy cash flow
    5.   Sufficient capital available to grow
    6.   Low employee turnover
    7.   Hiring quality staff
    8.   Great staff morale and high voltage throughout the company
    9.   Competent planning throughout the company
    10.   Powerful staff buy-in on key strategies and initiatives
    11.   Project management & resource coordination
    12.   Strong leadership/staff communication
    13.   New staff orientation
    14.   Staff training
    15.   Agreed upon core values throughout the organization
    16.   Adept at capturing and retaining knowledge capital even when key employees leave
    17.   Dynamic periods of high productivity are the norm
    18.   Organization, not just the leadership, understands how the company will grow in the future
    19.   Organization understand the impact that staff satisfaction has on the company’s profitability
    20.   Company culture is generally open to change
    21.   You are one step ahead of the marketplace and your customers as their needs change
    22.   Competency in forecasting problem areas before they surface
    23.   Competency in diagnosing the real problems or obstacles to growth
    24.   Ahead of schedule in getting new products/services to market
    25.   Quickly get systems and procedures in place as the company is growing
    26.   Strong product/service differentiation in market
    27.   High competence in expanding sales

     

    The 7 Stages of Growth were developed by James Fischer, Founder of Origin Institute, a research and consulting company out of Boulder, CO. The Stages of Growth are based on a nine year study of entrepreneurial companies in the Front Range and Silicon Valley and interviews with over 700 CEOs to understand and decipher the patterns, the behavior and the characteristics of growth in entrepreneurial enterprises.