9 Basic Sources of Business Growth

According to: Ram Charan and Noel. M. Tichy

 

 

 

 

Natural growth, where the market for what you make is strong and expanding.

 

The Tree of Natural Business

 

 

 

 

Gaining market share through low cost high productivity growth, rapid cycle time, high asset turnover.

 

Continuous Improvement Firm

Sustainable Growth

 

 

 

Proprietary or patented technology.

 

Technology Innovation

 

 

 

Highly-developed distribution channels that you've built over time.

 

Sustainable Growth Strategies

 

 

 

Opening new markets for your existing products.

 

R&E Business Growth Strategies

 

 

 

 

Gaining power in the marketplace via acquisitions, alliances, vertical integration.

 

Create Sustainable Profit Growth

 

 

 

Expanding your pond.

 

Create a New Market Niche

 

 

 

Resegmenting your markets

 

Example: Dell

 

 

 

Moving into adjacent segments.

 

Diversification

 

 

 

 

   

Lessons from Business Legends

 

 

 

Lessons from Business Legends e-book PowerPoint slide deck for teachers  

"Innovation distinguishes between a leader and a follower."
~ Steve Jobs, Apple

"Shun the incremental and go for a leap."
~ Jack Welch, GE

"All you can do is every day, try to solve a problem and make your company better."
~ Larry Elison, Oracle

"One of the reasons we went through such a remarkable growth period was that we had this atmosphere of free discussion."
~ Akio Morita, Sony

 

 

 

 

Mini-courses

 

Your growth boosters

 

Teaching by Example