Assignment 3: Planning for Long-Term Success
You are to write a three to four (3?4) page paper that answers the following:
1. Once an organization has identified its business foundation, it begins the
process of developing tasks that are critical in determining its success in each
stage of growth. Describe the six (6) developmental tasks that are necessary
2. Discuss the keys to success in developing Stage I and Stage II organizations.
Provide an example of a successful company in each stage.
3. Stages I and II represent the entrepreneurial phase of organizational
development while Stage III represents the professional management phase.
Discuss the differences between an entrepreneurship and a professionally
4. Discuss the keys to success in developing a Stage III organization and a
critical challenge that must be met if an organization is to make the transition
from an entrepreneurship to a professionally managed organization.
The format of the paper is to be as follows:
o Typed, double-spaced, Times New Roman font (size 12), one-inch margins
on all sides (APA format).
o Type the question followed by your answer to the question.
o In addition to the three to four (3?4) pages required, a title page is to be
included. The title page is to contain the title of the assignment, your name,
the instructor?s name, the course title, and the date.
NOTE: You will be graded on the quality of your answers, the logic/organization of the
report, your language skills, and your writing skills. or long-term success.
Use book(Eric G. Flamholtz & Yvonne Randle Growing Pains
: Transitioning from Entrepreneurship to a Professionally Managed Firm)
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