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Growing Pains: Transitioning from an Entrepreneurship to a Professionally Managed Firm, Fourth Edition
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More About This Title Growing Pains: Transitioning from an Entrepreneurship to a Professionally Managed Firm, Fourth Edition

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Since it was first published in 1986, Growing Pains has become a classic resource for understanding how start-ups can make the transition to become large, professionally-managed organizations that maintain the special spark that launched them. In the fourth edition of Growing Pains, authors Eric Flamholtz and Yvonne Randle have thoroughly revised and updated the book to include new ideas and concepts including information about strategic planning, Sarbanes-Oxley, family businesses, and overcoming growing pains, as well as new examples and cases of companies.
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Eric G. Flamholtz is a professor of management at the Anderson Graduate School of Management, University of California at Los Angeles. He is president and cofounder of Management Systems Consulting Corporation.

Yvonne Randle is vice president of Management Systems Consulting Corporation, where she has been a consultant since 1983.

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English

Foreword vii

Preface ix

PART ONE: A FRAMEWORK FOR DEVELOPING SUCCESSFUL ORGANIZATIONS 1

1 How to Build Successful Companies 7

2 Identifying and Surviving the First Four Stages of Organizational Growth 26

3 Recognizing Growing Pains and Assessing the Need for Change 48

PART TWO: MANAGEMENT STRATEGIES FOR EACH STAGE OF ORGANIZATIONAL GROWTH 71

4 The New Venture and Expansion Stages 73

5 The Professionalizing Stage 93

6 The Consolidation Stage 119

PART THREE: MASTERING THE TOOLS OF PROFESSIONAL MANAGEMENT 143

7 Strategic Planning 147

8 Organizational Structure 188

9 Management and Leadership Development 214

10 Organizational Control and Performance Management Systems 243

11 Effective Leadership 272

12 Corporate Culture Management 298

PART FOUR: ADVANCED ASPECTS OF ORGANIZATIONAL TRANSITIONS IN A GROWING ANDCHANGING COMPANY 333

13 Advanced Strategic Planning 335

14 Managing the Advanced Stages of Growth 359

15 Making the Transition to a Public Company 379

PART FIVE: THE PERSONAL ASPECTS OF ORGANIZATIONAL TRANSITIONS IN A GROWING AND CHANGING COMPANY 399

16 The Special Case of Managing Family Business Transitions 401

17 The Transition CEOs Must Make to Survive Beyond the Entrepreneurial

Stage 427

Notes 454

Index 463

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English

"This book provides a proven framework and a practical approach for dealing with what matters most for the success of any growing organization. I found it comprehensive and compelling."--Madhavan Nayar, founder and company leader, Infogix

 

  “Although we already had a culture of pursuing continuous improvement, we lacked a framework for planning to restructure Pardee Homes to take advantage of our talented people, resources, and systems to expand our business into new markets. Utilizing ‘the pyramid’ we have developed a disciplined approach to truly strategic planning (and planning for contingencies), excellence in execution and objective measurement of goals and objectives in every department and in every division.”--Michael McGee, CEO, Pardee Homes

 

“Growing Pains documents the proven system utilized by Flamholtz and Randle to guide numerous companies through the start-up phases to national-level growth.  This is not a book of academic platitudes or untested abstractions, but is a practical guide book based on hands-on experiences and demonstrable successes. Because Flamholtz and Randle have developed their perspectives from having worked closely with many companies and management teams, their judgments are solid and their principles can be followed with confidence.”--

Henry Cisneros, executive chairman, CityView

 

 

“I have had the great fortune to personally witness a multitude of small business owners and nonprofit executives successfully apply the principles taught in this book to transition their organizations toward enduring success. The concepts in this book provide the critical tools and knowledge for any entrepreneur to channel their passion into a concrete strategy that enables them to take their business to the next level. Flamholtz and Randle’s Growing Pains is worth the investment of the most precious of our commodities--time and intellectual energy!”--Helen Han, CEO, National Association of Women Business Owners-LA

 

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