Managing Rapid Growth Note Michael J Roberts 1986
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“A study by Michael J Roberts, 1986, showed that “growth management is the single most important managerial concept ever invented.” Roberts showed that there is a correlation between the speed at which a company grows and its growth rate. Roberts also showed that if a company can control growth, the growth will be slow, and if it can’t, growth will be uncontrollable. His research has since been confirmed by other studies. Roberts studied seven growth engines for success, and identified 6 key principles for successful
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In 1986, Roberts became CEO and President of Nucor. The company had grown rapidly during the mid-1980s, with revenues doubling and net profits increasing 10 fold from the year before. At the time, the company was a leading supplier of high-quality carbon and low-alloy structural steel, known in its niche market for reliability, strength, and precision. The steel industry had grown exponentially, as new steel-making plants had been built throughout the United States and internation
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“Managing rapid growth is the critical challenge faced by many entrepreneurs and business leaders,” writes Michael J Roberts in the foreword to his new book, Managing Rapid Growth. He adds, “I was one of the first to recognize this issue. go to this web-site I developed a case study to illustrate a systematic approach to managing rapid growth.” Based on this, and what you already know from reading the material, what did you think the foreword from Michael J Roberts added to the book, and what was the key aspect of his approach to managing