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Subject category: Entrepreneurship
Published by:
Harvard Business Publishing (2012)
Version:
10 November 2014
Revision date:
23-Jul-2015
Length:
18 pages
Data source:
Published sources

Abstract

This note discusses the organizational challenges that startups often encounter as they begin to scale rapidly, along with approaches to addressing these challenges suggested by scholars, investors, and experienced entrepreneurs. The challenges fall into five broad areas: the need to formalize organizational structure; executive transitions; the need for management systems/processes; evolution of the board of directors role; and, preservation of an entrepreneurial culture.

Topics

Entrepreneurship; Board of directors; Executive selection; Organizational design; Systems design; Growth strategy; Start-ups

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