The challenge of growth is a reality for many companies. Indeed, growth is essential for the survival and sustainable development of businesses and organizations. Growth is rarely linear or continuous; it often occurs in stages. As a result, a company goes through several cycles during its existence, each bringing its own set of unique challenges.
The Growth Plateau
Your company might be encountering a growth plateau if the expansion has significantly slowed and revenues have remained stagnant since your last fiscal year. If you aspire to navigate beyond this plateau and seamlessly reach the next phase of your organizational growth, Espace Stratégies is here to guide you effectively.
In such a scenario, certain questions need to be addressed:
- How can the organization be transformed to quickly overcome this plateau?
- What are our next growth avenues capable of accelerating the transition towards new opportunities or business models?
The Growth Crisis
Rapid and substantial growth within a short timeframe can place a company in a precarious situation or even a crisis. When growth occurs swiftly, the organization must make decisions that will impact its short, medium and long-term future but may not always have the necessary time for thorough consideration. If your company finds itself in the midst of a whirlwind, taking a step back is essential to enable well-informed decision-making.
Common pitfalls companies may face in such rapid growth include poorly qualified hires, a lack of time or structure leading to client loss, escalating costs leading to cash flow exhaustion and more.
This type of growth presents challenges at the organizational level and requires precise and swift responses.
HOW CAN ESPACE STRATÉGIES ASSIST YOU?
Whether your company is in a precarious situation or facing a growth crisis, Espace Stratégies can guide you through your growth strategy to intervene quickly and react in the short term to find development levers. This may involve a business model review, an analysis of growth opportunities, a new corporate positioning based on market trends and a better understanding of customer needs, new innovation avenues and much more.
We can help align your organization’s development for the coming years and provide clear direction based on the best opportunities available to you. This approach can manifest in strategic discussions with the leadership team, management meetings, the creation of a strategic plan or support in developing and implementing your growth strategy.
Managing growth is a challenge for any company and brings its share of unique and complex challenges. A well-devised plan provides the organization with the ability to quickly adjust to its strategic challenges and makes the difference between success, difficulty, or even failure.
THE ESPACE STRATÉGIES APPROACH
Espace Stratégies possesses expertise in both financial and strategic planning, organizational development and an understanding of entrepreneurial realities, enabling us to accelerate organizational growth through realistic and effective solutions while keeping human values at the core of the process.
Our past experience has allowed us to explore various private and public investment domains and their operations. Through business missions, support for research institutions such as Technology Transfer College Centers (CCTTs), and export services, our knowledge of project implementation has grown.
This hands-on knowledge, coupled with our adaptability and agility, allows us to meet very specific needs by bridging the gap between the two worlds and sourcing the necessary and appropriate expertise for your projects.
To address various growth themes, Espace Stratégies offers several consulting services. In the case of growth management, the most relevant ones include:
For many years, the leadership team at Insum has chosen Espace Stratégies to assist in strategically planning its growth and support in preparing for its annual meeting. ES has also supported Insum in numerous mandates, including the development of its strategic plan, business plan, marketing strategy including sales, as well as its considerations regarding the company’s transfer. In November 2021, this global leader in Oracle APEX solutions was sold to the Talan Group. The company has since continued its expansion under the guidance of the latter.
Ludik Designer Confiseur
Ludik Designer Confiseur is a company engaged in the production and marketing of confectionery products, including the brands Kandju and Marie & Franky. In the context of significant growth, the company enlisted the services of Espace Stratégies to develop a concrete strategic plan that could be swiftly executed. This initiative aims to address the numerous organizational and strategic challenges while engaging all stakeholders in participating in the anticipated changes.
Technorm is a consulting firm for the construction industry, specializing in codes and standards, building fire safety, technical-legal expertise, and ongoing training. Espace Stratégies has facilitated several strategic reflection workshops with the Technorm leadership team to provide guidance for their future growth and the integration of a new shareholder team.