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  • Holder & Sull (2006) : MAN 608 - Technology, Operations & Innovation

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    The document summarizes four stages of a business according to Holder & Sull (2006): 1) The primary stage focuses on testing innovations and possibilities through experimentation. Rapid adoption of innovation requires organizations to quickly test and learn from the market. 2) The scale stage emphasizes improving profitability by verifying business models are commercially viable. Scaling up requires effectively managing increased sales, workforce or profits. 3) The mature stage relies on financial resources to support operations and overcome challenges to maintain success. 4) The decline stage sees falling profits that can no longer support business activities, requiring a turnaround strategy or new business model to recover or consider a new direction.

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    The document summarizes four stages of a business according to Holder & Sull (2006): 1) The primary stage focuses on testing innovations and possibilities through experimentation. Rapid adoption of innovation requires organizations to quickly test and learn from the market. 2) The scale stage emphasizes improving profitability by verifying business models are commercially viable. Scaling up requires effectively managing increased sales, workforce or profits. 3) The mature stage relies on financial resources to support operations and overcome challenges to maintain success. 4) The decline stage sees falling profits that can no longer support business activities, requiring a turnaround strategy or new business model to recover or consider a new direction.

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    15 views1 page

    Holder & Sull (2006) : MAN 608 - Technology, Operations & Innovation

    Uploaded by

    anon_721623731
    The document summarizes four stages of a business according to Holder & Sull (2006): 1) The primary stage focuses on testing innovations and possibilities through experimentation. Rapid adoption of innovation requires organizations to quickly test and learn from the market. 2) The scale stage emphasizes improving profitability by verifying business models are commercially viable. Scaling up requires effectively managing increased sales, workforce or profits. 3) The mature stage relies on financial resources to support operations and overcome challenges to maintain success. 4) The decline stage sees falling profits that can no longer support business activities, requiring a turnaround strategy or new business model to recover or consider a new direction.

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    MAN 608 – Technology, Operations & Innovation

    Holder & Sull (2006)


    1st Experiment; in the primary stage; contains advancement of adventures and possibilities. Recognize
    the lead-ins through test and preliminary technique. Presently, innovation is instantly embraced,
    requiring standard experimentation by organizations, development from the market and from people
    who are funding it, implies that things are consistently moving for businesses.

    2nd Scale; we emphasize on improvement and profitability. In this stage you verify the demonstrations
    and checking the business elements are commercially reasonable. Scaling your business implies you're
    ready to deal with an upsurge in deals, work, or profitability in a savvy, balanced mode.

    3rd Mature; Developed and open entries help in making income to back up their own procedures. This
    stage depends on a money-related source to help beat the difficulties and keep the business up on its
    booming record.

    4th Decline; Declining organizations, if unconfined, can clear up broad effects in addition to for the
    partnership, profitability will be meek to a level at which it is not, at this point to maintain the business
    and manufacturing activities will discontinue. You may need to return and perceive how to recover your
    business in this stage, or think about a new strategy.

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