Jim Collins is a student and teacher of enduring great companies -- how they grow, how they attain superior performance, and how good companies can become great companies, he has served as a teacher to senior executives and CEOs at over a hundred corporations.
I agree to what he said. In today's fast faced world, many entrepreneurs are taking risk, and not all of them succeed. In the chapter that has been assigned to us by our Professor, Sir Ramon Duremdez Jr. It tackles about Strategies for Growth and Managing the Implications of Growth. For those entrepreneurs who choose growth strategy, there are some risk or danger. Too fast growth or uncontrolled growth can lead to a situation known as "hitting the wall". This is a situation when a venture grows too fast and loses control of cash, inventory, customers and eventually profit
