Management Maturity

How Management Maturity Can Impact The Functioning Of Your Company?

Let’s start this text with a question: do you know what stage of Management Maturity your company is in? No? Don’t despair, you’re not the only one. The truth is that many companies do not know how developed they are in the face of competition. But assuming your management isn’t at the height of its maturity is not a problem – as long as you’re willing to improve it.

Brazil, for example, is emerging as the granary of innovative startups Management Maturity , which each year gain more investments . However, this does not mean that these corporations are organized and do not experience difficulties – after all, they are still being formed.

Check out how to find out which stage of management maturity your company is in and what is the impact of management maturity on the company’s functioning.

What Is Management Maturity?

To understand what Management Maturity is, we need to focus first on maturity itself. It means the last stage of development into something or a state of full knowledge Management Maturity acquired to be applied . In the business sector, maturity is understood as the condition in which companies go through adversities easily and take little risk in terms of market changes .

That is, management maturity concerns a management sector that has its development consolidated and dynamics well established. This maturity is easy to observe in companies that have been in the market for years and keep innovating, without letting their sales fall.

On the other hand, we also have relatively new companies that have already reached a stage of maturity. This is because the business is focused on making constant internal improvements,Management Maturity accelerating its maturation process.

What Are The Company’s Management Maturity?

Now that you know what Management Maturity is, check out the company’s maturity levels. But it is worth remembering that depending on the organization and investment available, a business can move from one level to another quickly.

Startups

Focused on getting money to support themselves, startups are companies with little training time, where management is still mixed with finance.

Normally based on an idea or concept to be implemented and developed, this business format seeks professionals aligned with its objectives and capable of adding to the growth of the brand.

Emerging Companies

After going through the early stage trials and sustaining their idea, companies can be considered emerging if they are well received by the market.

However, thinking continues to be short-sighted, requiring the entire business to function perfectly so that profits, as well as the survival of the company, are guaranteed.

Expanding Companies 

By prioritizing process standardization , expanding companies are one step closer to maturity. Its vision is in the future and no longer has its founder as the main piece. This means, for example, hiring a new CEO (Chief Executive Officer).

At this point, investments stop acting only as a driving force for the product to be delivered, but also start to be directed to sectors such as innovation or marketing.

mature Companies

The next stage of maturity levels belongs to companies that are already established in their market. At this stage, the main concern is to maintain competitiveness, creating products with the objective of reaching consumers.

As for the internal work of management, mature businesses tend to have a longer-lasting relationship with their employees, prioritizing a strong internal culture along with well-defined processes.

Enterprise Maturity Curve: Maturity Is Not Yet The Last Stage

Anyone who thinks that maturity levels end when the company has just reached it is wrong. Decline can also occur Management Maturity , represented by the company’s maturity curve .

Each level presented above represents a degree of ascension. However, maturity is not the end of the road.

In it the company will find its most difficult job : keeping the brand balanced and relevant in the market and avoiding examples like Kodak , a famous brand linked to photography that ignored the arrival of new technologies and went into decline.

How To Perform The Management Maturity Diagnosis?

To find out what level of maturity your company is at, it is necessary to carry out a management maturity diagnosis, analyzing 3 pillars of the company:

Management

At this stage, metrics related to Management Maturity will be analyzed. If they do not exist or are not followed up, it is already a good indicator of the company’s maturity.

Some businesses tend to apply informal management in their early years, prioritizing quick results, but forgetting to structure the standards that will be applied so that Management Maturity is facilitated.

People

The second pillar analyzed is composed of the people who make up the business. In addition to analyzing data from the HR area, such as the rate of employee departures and the ease or not of performing their duties, it is also interesting to know the perception of employees about the company.

While growing businesses serve as a springboard for those seeking greater prominence in the market, ventures with greater management maturity tend to attract Performance Management professionals interested in forming a career.

Law Suit

Startups and emerging businesses often find it difficult to establish processes, due to the need to reinvent themselves daily and the environment conducive to innovation. In other words, the more respected and institutionalized the processes, the greater the degree of maturity of the company.

E leaP has prepared a complete material, which makes the Diagnosis of the Performance Management Maturity of your strategic planning. It’s simple, just answer a few questions and you’ll receive resources based on your results.

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