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Team and Concepts Limited: Managing the Growth of a Small Business    
 
Product Ref: 04/204C Company: Team and Concepts Limited

Product Type: Case Industry: Software & Services

Related Product(s): Teaching Note
Authors: Ali Farhoomand   Mary Ho
Team and Concepts Limited (TnC), an IT company founded by David Lee and his partners in 2003, was not a typical small business. Its owners were innovative, business-savvy entrepreneurs who had audacious goals at heart, and who were working daily towards the goal of growing the business and transforming it from a fledgling set-up to a successful company. The transformation from initial success to long-term growth required comprehensive changes in many aspects of the business. In particular, TnC recognised the need to facilitate this transition by enhancing its managerial, financial, marketing and R&D capacities. In 2004, TnC was facing the challenge of working with new investors and partners, who would likely set conditions for the business and require it to adopt new behaviours and a new management structure. The Company was also exploring the tradeoffs between acquiring outside funds and retaining control in order to make wise decisions about its future strategy
Functional Area : Strategy & General Management

Issues: entrepreneurial traits, enterprise life cycle, growth strategy
Length: 13 pages Country: Hong Kong SAR

Pub. Year: 2004 Level of Difficulty: 2
         
This product type is available in the following language(s):      English   Simplified Chinese
         
Related Information: N/A
 
This is a part of The Trade & Industry Department SME Case Series
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