philosophy

 

"It's said that the sign of a good author or teacher is that they make the old seem new and the new seem familiar." That is the aspiration at:
 
The 500 Group™.

 
New Business Development 
"zero growth is not a long term viable strategy..."

The philosophy of The 500 Group™ is based upon a fundamental law which is as inescapable as the law of gravity.  It applies whether you know about it or whether you believe in it or not.  That Law simply stated is this:  Growth and decay occur simultaneously.

That law forms the reasoning and premise by which the Wharton School of Business teaches "Zero growth is not a long term viable strategy". The founder of The 500 Group™, himself a participant in the Wharton School Executive Program specializing in New Business Development and author of The Principals Principle™, adds to this: "...and growth without quality growth is no growth at all."

The phrase “New Business Development” is widely encompassing to say the least.  Any commercial affairs or ventures aimed at growth falls under this concept.  In fact, it’s better to get clear on what new business development is NOT first.  Ideally the maintenance aspects of running a business, such as operations and accounting, are aiming for efficiency not growth. Though efficiency in the maintenance of a business frees up the resources to allow for growth, it cannot be considered New Business Development.  That’s what it is NOT, now on to what it is.

The vast and inter-related endeavors that fall under the "new business development" umbrella can seem a little daunting at first.  Click on the link below, it'll take you to a page offering a very useful explanation and graphs to help clarify the term and all it implies.


GAP Analysis


"...and Growth Without Quality Growth is No Growth at All"

                                           

Footnote: E2