Mid-sized companies are often like adolescents. They are growing, no longer what they once were but not yet what they will become. The rate of change required in mid-sized companies is greater than small businesses or large enterprises. Most mid-sized companies, whether they are “stand alone” or a group of companies, need to continually evaluate their system and process maturity and to ensure they have not only the right people on board for today but for the future as well. The smooth transition through the organizational “gear shifts” in growing mid-sized companies will be a determining factor in their long term potential.
Frisby Advisory Services LLC can help mid-sized businesses overcome the challenges they face. Jeff Frisby played a key role in guiding his former companies through several “gear shifts”, leading his family business from six million dollars in sales to over fifty million inside of a decade, and then helping guide a public company from two hundred fifty million to just under one billion of revenue within about the same time span.
The challenges to be met differ, depending on the company size and complexity, but the issues are often the same. They revolve around ensuring that the vision that brought the company to where it is today is still valid and useful for guiding current strategic initiatives, ensuring the key business functions are appropriately staffed and built with the future in mind, and ensuring that constraints to future growth have been properly targeted for elimination.
The future of mid-size companies can be solid or precarious depending on how and when leadership deals with the issues generally described above. Whether your company is housed in one facility or twenty, Frisby Advisory Services LLC can help you grow and “Reinvent the Art of the Possible!”