Solutions for the problems of internal and external growth

Training

Main problem

the growth can cause some staff to be given new roles

This can cause the lack of necessary training to allow them to do ther new job properly

internal growth

external grwoth

this could happen to existing staff

this could happen to inherits staff

Mangement changes

is when a business buys another and it will replace or spread its mangers to cover all the areas

Also it will recruit new staffso both businesses are able to work together

Incentives for staff

With growth of the business the staff should work hard and effiently to be able the business to succed

Staff morale is common pproblem in business

This is whenthe business introduce incentives such as bonuses or extra days off work

Set realistic targets

Is when the business grow and set unrealistic targets for futurevrevenue or profit

If that happens the business will be seen as a not succeeded business

But by setting this reaistic targets the business will be more successful

Invest in the business

When the business growth internally or externally they will needto spend aditional money on

equipment

training

other assets

This additional investment will help the business to succed

Production problems

A business can mantain production levels with the right staff and production methods

using it to help stock levels will also help

Communication

A good comunication will help the business to prevent messages from being lost

The business should use all forms of internal and external communication to succeed