Scaling a business is the dream of most business owners, finding and exploiting a new market opportunity with limited competition is the simple way to do it, however for most businesses, opportunities like this are uncommon and rarely easy to implement. Entrepid
™ Scale has been developed with researchers and established business owners to provide a systematic way to diagnose your business, identify change opportunities that can drive growth and develop company-specific approaches to delivering growth.
The logic model that drives the programme is split into three key areas:
- Prior strategies - what have you tried (and not tried) before - how successful were the approaches
- Dynamic capabilities - Evaluating your ability to pivot and respond to opportunity
- Absorptive Capacity - Are you able to utilise and commercialise information within your business