Managing business growth is a very difficult endeavour for many organization. Below are strategy for Managing growth.

1.Formal growth plan.

2.Emergence growth strategy.

3.Mix growth strategy.

4.Organic growth strategy.

A.Formal growth strategy is where the organization has a laid down and written plan on how to expand their business.

Business can specify that the organization will grow in the next 5 years through target acquisition.

B. Emergency Growth strategy.

This is a strategy where the organization grow based on customer need, necessity etc

Mix growth strategy: This is where organization has documented long-term plan and still makes it flexible to adjust to changing business needs and emergence.

Organic growth strategy is where the organization grow naturally without any formal long-term plan.

Problem and challenges are handled as it comes.

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