Stages in the development of a business career
Scanning for opportunities, idea generation, and innovation/creativity.
Scale of business, market validation, resource identification, business planning, negotiating/establishing systems, consolidating gains. At this stage one will also think of different forms of organizing a business, such as sole proprietorship, partnership, Company, NGO etc
c) 1st stage growth:
Establishing the customer base, increasing sales, expanding in current markets, improving product quality, developing management skills.
d) 2nd stage growth:
Strategic thinking, investing in capacity, developing a management team, delegating management responsibility, international awareness.