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Social and Behavioral Sciences Commons

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Finance

Singapore Management University

Perspectives@SMU

2011

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Full-Text Articles in Social and Behavioral Sciences

Ingredients For Creating And Sustaining Growth For The Long Term, Singapore Management University Oct 2011

Ingredients For Creating And Sustaining Growth For The Long Term, Singapore Management University

Perspectives@SMU

It is easy to explain why organisations need and want to grow. This applies not only to bottom line-oriented companies, but also non-profit entities. Just like the same way business management skills can and should be applied to public sector and not-for-profit set-ups, these organisations do seek growth too. However, while it is easy to engineer short spurts of growth one way or another, what differentiates a successful organisation from one less so, is whether this organisation can sustain growth over the long-term and achieve continuous success.