
The stage of maturity
The maturity stage is generally characterized by stability, as the company has reached a level where it has been to optimize the investment and realize a reasonable return on investment. Defined organizational structure and processes that many people are in place and functioning effectively. A key challenge for companies is to maintain the “status and became a market leader in the industry and region.
What does it look like?
The company is now stable operation, where there is a structured organization that is usually hierarchical in nature. It most cases, the various departments to monitor all areas of its operation and in some cases there may be a division. This company is not dependent on such business owners in the last phase, because the infrastructure and expertise that is woven into the organization. Financial resources are managed to achieve maximum results to finance future investments. In addition, many formal system in place and has been tested and improved from time to time. Threats can come from various sources in this phase. Some of these threats, competition, lack of diversification and commoditization. Read the rest of this entry »