A Fast-growing Small Business Development Strategy

Every company has its own life cycle, as for the fast growing small company, more attention should be paid to the development strategy along with the expansion of company scale. Initial research of a fast growing small company's market environment and industry circumstances is conducted in this article, suggestions are provided for the company's vision, objectives, development strategy, competition strategy, measures and approaches to achieve the strategy.Intensive analysis of the company's background, external and internal environment, competition situation and industry circumstances is conducted in this article; the company's current position in the industry is also analyzed.Based on the above mentioned findings, the company's vision, objectives, development strategy and competition strategy are explored; the company's business philosophy, culture and strategy key success factors are discussed as well. The article is of the opinion that, the company shall focus on its own core business and core technology, provide differentiated product and service to customer in segmented market, take lead in operation and product in business unit, make effort to upgrade its core competence, commits itself to developing the company into a well-known domestic electronic information product Contract Manufacturer and a leading domestic customized testing instrument supplier. Thus, lay solid foundation for the company's continuous and healthy growth.Measures and approaches to achieve the company's strategy are finally discussed in the article.