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| The Growth Model is comprised of several phases that
in today's world are compressed due to the fast paced ever-changing
environment. |
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The Growth Model is used to show how both organizations and
relationships develop over time. It shows the impact change has on
traditional growth patterns and the most appropriate management
style for each phase.
Is your organization trying to reinvent
itself? If it is you may be at the critical "bifurcation"
stage or crossroads. WWC expertise may be just the thing you need to
help your management team through these phases of critical
challenges. Read on and ask yourself which phases of growth your
business is in. Then contact
us for further information. |
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Phase I
- Forming is the first stage of any business development
(an idea, concept or the start of any relationship)
- Storming is the bringing of that idea/concept to the
marketplace; it is often the "rocky" stage where operating norms
and relationships are established.
- Managers comfortable with entrepreneurial tasks react
positively to the challenges in this phase.
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Phase II
- Norming is characterized by establishing processes,
procedures and operating models, those characteristics hold for
teams and/or relationships.
- Performing is successfully utilizing the processes,
procedures and operating models
- Managers who enjoy structure and process prosper during this
phase of growth.
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Late Phase II
- Often begins by a change to the established operating models
(an outsider enters the marketplace challenging the way business
is done). Bifurcation is the
critical junction where businesses need to adopt to the challenge
and reinvent themselves.
- How the organization or relationship reacts to the change
often will determine success or failure.
- Managing or reacting to the significant change may require a
transformation, or the ability to adopt and change to answer the
challenge.
- Successfully transforming or reinventing organizations and
relationships requires leadership skills and behaviors.
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Phase III
- Transforming much like Phase I requires developing new
approaches and operating models.
- The big difference from Phase I is we have to
change
existing operating models and be open to
creativity.
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