Initial Research Survey:The 9 Growth Drivers for Emerging Midsized Companies

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Initial Research Survey:
The 9 Growth Drivers for Emerging Midsized Companies

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Growth Driver #1: Consistently recruiting enough high-quality talent at all levels to fuel growth.

Growth Driver #2: Actively developing those employees who are likely to be promoted, reducing the learning curve and internally supplying some of the leaders for the next generation.

Growth Driver #3: Excellent teamwork, where teams throughout the organization enjoy working together in a cohesive fashion and are highly productive and effective.

Growth Driver #4: Sales and marketing functions that deliver positive, predictable results, and can be scaled up.

Growth Driver #5: Market intelligence gathering: Regularly collecting and recording information about the markets in which the company plays, including competitors, customers and talent pools.

Growth Driver #6: Strategic growth initiatives such as looking for company acquisitions, joint ventures, new regions or related opportunities.

Growth Driver #7: A data driven company that collects data systematically and analyzes it in an ongoing effort to become more efficient and effective.

Growth Driver #8: Planning: Firms create strategic plans that look forward 3-5 years, as well as separate shorter-term operational plans that clarify activities for all leaders in the year ahead.

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