What Got You Here Won't Get You There: Planning for Prosperous Growth

Professional athletes talk about how games change as players move from amateur to college to professional levels. It's not just skills development that's needed, but an ability to manage advanced competition, faster or more aggressive situations, new challenges and changing dynamics. It's a good analogy for business leaders except for one important aspect: Growth in business can creep up on you. If you aren't prepared for it, you'll find yourself stuck in the processes that worked well when you were much smaller, had a smaller employee count, or were in a less competitive station. This week John Martin talks us through how to plan for prosperous growth, including some warning signs that you need some changes, how leaders should look for growth points, and where the CFO fits in as a critical strategic resource.Create The Next is delivered to you from ProCFO Partners. Every week, we explore strategies and ideas for financial management and growth to help today’s businesses put their financial picture in context. ProCFO Partners are expert financial officers networked across industries, verticals, specializations and situations. Fulfilling the role of a part-time CFO with all-time commitment, ProCFO Partners utilizes the innovative and exclusive FGC Financial Flywheel as a framework that creates momentum to drive your financial functions for sustainable success. Visit procfopartners.com to explore how we can implement a systematic and scalable financial system to help you achieve your goal.