Week 3 Assignment.pptx - The 4 Stages of Organizational...

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The 4 Stages of Organizational Growth FRANK HAYES SR
Organizational Growth Overview Startup Ramp Up Expansio n Maturity Stage 1 Stage 2 Stage 3 Stage 4
Stage 1 During the initial stage of the growing process it is a one person operation. You alone are responsible for your business either being a success or a failure. Ultimately depending on family situations and other constraints many firms will stay a one person operation.
Stage 2 During this stage as an owner operator you begin to transition to more of a leadership role within your construct with the introduction of employees. This will give you the opportunity to now turn your efforts to more managerial duties such as hiring, scheduling and payroll.
Stage 3 This stage can be hard for some organizations were the owner will start to distance

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