The most important issues that a leader needs to focus on change over time, and they do so in clearly defined stages. All companies pass through four predictable stages as they grow and develop. What forms these stages are similar patterns of needs and issues faced by all growing companies. Each stage of business growth changes a company and during each of these stages the way the company operates and is managed has to fundamentally change to reach the next level.
These stages provide a way of analyzing a company's growth, breaking it down, and ultimately managing it. The stages of growth help you assess where you currently are, what needs to be done now, and prepare for what's coming next.
The four stages of business growth is a simple, clear framework for identifying and understanding the management challenges associated with growth and for helping companies deal with those challenges in a more effective way.