Taking a Growth Pause: Preparing for Long-Term Success

For this week’s post, I would like to share a guest article published in Carrier Management, a quarterly journal targeting P&C insurance executives. Like previous guest editorials, this article was written with a specific industry in mind, but the contents are applicable to any organization.

When a company is in its infancy, the main focus is growth, growth, growth – just get things off the ground and we’ll figure the rest out later.

A few years go by and the company has grown tremendously…

While things make look great on the surface, the company is actually reeling on the inside. It seems like all executives and support staff do month after month is extinguish one fire over here, just to watch another one pop up over there.

Everyone knows something needs to change, or else the company’s future will be at risk, but no one knows where to start.

Today’s article explores why taking a growth pause is so important and provides specific actions companies can take to shore up their operations to ensure long-term success. I want to pass along a big thank you to Carrier Management for the opportunity to help their audience better understand what may be preventing their companies’ success.

Click the image below to access the full article.

Taking a Growth Pause: Preparing for Long-Term Success

Has your company ever taken a growth-pause to reflect, re-orient, and update systems, processes, and priorities? 

In the haste of growing a company, it can be easy to forget to take a step back and take stock of where you’ve been and where things are going. To share your thoughts and experiences, please feel free to leave a comment below or join the conversation on LinkedIn.

And if you feel your company has reached the point that it needs to take a pause but doesn’t know where to start, please don’t hesitate to reach out to me via email today to discuss your specific situation.

Featured image courtesy of Ayelt van Veen via Unsplash.com

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