Keywords: organisational survival, organisational long-term survival, employment, employment growth
One of the oft quoted figures about entrepreneurial start-ups is the high percentage of failures. Estimates of new business failures tend to coalesce around the 60% to 85% mark within the first three years. Previous studies have shown that the risks associated with small organisational size is a significant factor in their survivability.
Consequently, any organisation’s overall aim is to secure enough business (or financial resources) to fund expansion which, in turn, helps to provide organisational and marketplace stability. However, growth is a balancing act, as many studies have shown. Growing too fast can lead to as many problems as not growing fast enough. The overall intention is to develop alignment and harmony with the marketplace in a way that provides reasonable business stability.
A new study looking at how early employment growth conditions predict organisational long-term survival.
This research briefing will be useful for anyone involved in organisational strategic leadership and organisational development.
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