Managing for Profitable Growth

Course ID
MGT 6310
Credits
2

In this course, students will systematically explore how entrepreneurs grow their businesses and the challenges they face in doing so.  The course includes components from across multiple disciplines of strategy, marketing, finance and human resources to solve daily challenges of growth. This course is designed to help rethink the tenets of core strategy in an entrepreneurial way.  The course focuses on the decisions owner-managers make in recognizing and choosing opportunities, obtaining and allocating resources, challenging and directing personnel, and adapting personal goals and corporate strategies to changing personal business conditions. In this process, the course examines management challenges that are commonly encountered at different stages in the development of a business – start-up, growth, change of direction, etc. Also considered are issues of particular importance to rapidly growing companies such as establishing and communicating vision, developing networks, managing with limited resources, cash planning, leadership, delegation and professionalizing the business as it grows, while being careful to avoid stifling the entrepreneurial spirit as the organization becomes larger and more impersonal.

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