Scaling a Startup People and Organizational Issues Thomas R Eisenmann Alison Berkley Wagonfeld 2012
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In this research study on scaling a startup, we explore some of the key organizational challenges faced by these innovative companies. This essay is based on the authors’ extensive research in the field of startup innovation and entrepreneurship. As the title suggests, we focus on scaling. As is true in almost all businesses, startups face several challenges that affect the scale of their operations. One of the most important challenges is recruiting, retaining and retaining experienced leaders in key positions. Another is addressing a wide range of issues in terms of h
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1. Scaling a Startup: People Startups are small businesses that aim to generate revenue as quickly as possible and then rapidly scale up in the future. The initial stage is usually one in which the company grows rapidly, but this stage is not the most difficult, as the revenue and profitability will gradually increase over time. But how does the team and organization scale? It is common to see this being done in one of two ways: either in a merger or acquisition with a larger company, or the team’s members being hired from an
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Scaling a Startup: People and Organizational Issues Thomas R Eisenmann, Alison Berkley Wagonfeld 2012. I recently spoke at the first annual StartupWeekend San Diego, held February 23-26, 2012. StartupWeekend is an amazing and fun event aimed at encouraging entrepreneurship among the participants. There were seven of us attending the event (two teams of 4 and one team of 5). The purpose of the
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The aim of this case study is to understand how startups deal with the people and organizational issues faced while scaling. Executive Summary: A well-functioning startup team is the key to success. Successful teams require a diverse team. People with different personality traits, backgrounds, and skill sets are essential for a startup’s growth. A team can also get distracted, causing the startup to stagnate or to decline in growth rate. This case study examines the difficulties and solutions associated with scaling a startup and identifies the
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I was part of the small team of the company that just took off with the latest technologies and innovations in the world. This case study is about the challenges and opportunities that our team faced in terms of the people and organizational issues related to scaling the start-up. The company, founded by a renowned team of technology experts, is a unique player in the industry. They started from humble beginnings and gradually climbed the ranks, becoming a respected and sought-after partner in the tech industry. The company was well established in the
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One of the biggest challenges faced by many early-stage startups is scaling. This can be both a tremendous opportunity as well as a formidable task. It is not uncommon for a startup to have grown rapidly but still have trouble expanding in a meaningful way. At one point, when we were working on the formation of our own startup, we were faced with this challenge in one form or another. Initially, we were growing rapidly and, while our customers were getting larger, the company’s resources (human, financial, etc.) were not. This
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