Background Note | HBS Case Collection | April 2004 (Revised May 2006)

Achieving Profitable Growth and Market Value

by James L. Heskett and Richard G. Hamermesh


Provides an overview of how a new venture needs to change as it passes from the initial start-up to the growth phase. Explores how a venture's leadership, strategy, and execution need to evolve to deal with rapid growth.

Keywords: Growth Management; Business Growth and Maturation; Business Startups; Change Management;


Heskett, James L., and Richard G. Hamermesh. "Achieving Profitable Growth and Market Value." Harvard Business School Background Note 804-157, April 2004. (Revised May 2006.)