There are unique challenges at each stage of an organisation’s growth and being able to recognise the road ahead gives the company and its leaders an advantage, said Loredana Padurean, associate dean and faculty director for action learning at the Asia School of Business & International Faculty Fellow at MIT.
“Therefore, we have to understand the unique opportunities and different challenges that come with each stage, to know what strategies to apply, what type of people to hire and what kind of investments to make to move on to the next stage, ” she said. When the company reaches a certain stage of maturity, innovation and maintaining an entrepreneurial mindset will be key.
The programme is to help participants understand the evolutionary journey that companies go through from the early stages to become a mature and sustainable company.
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