Growth-focused
Characterized by a primary emphasis on expansion, development, and improvement, particularly within a business, organization, or individual. A growth-focused approach prioritizes strategies and actions designed to increase revenue, market share, capacity, or personal capabilities. This often involves investing in new resources, exploring innovative opportunities, and adapting to evolving circumstances. The core aim is to achieve significant and sustained positive change over time, viewing progress as a central objective.
Growth-focused meaning with examples
- The company implemented a growth-focused marketing strategy, targeting new customer segments and increasing its online presence, resulting in a 20% rise in sales within the first quarter. This approach emphasized aggressive expansion and customer acquisition, and it aimed to build brand recognition.
- The CEO steered the team towards a growth-focused strategic plan. The aim was to expand into international markets, and the organization would have to overcome geographical constraints. Innovation and technological advancements would have to be central to their plans to get past competitive rivals.
- She adopted a growth-focused mindset, dedicating herself to continuous learning and skill enhancement to advance her career. She knew that by committing herself to developing the new soft skills demanded by new technological advancements, she could easily overcome all obstacles to her goals.
- The venture capital firm sought growth-focused startups with disruptive technologies and significant market potential. They believed that investing in high-potential, innovative ventures was the key to achieving substantial returns on their investments and would be key to their future.
- A growth-focused economy emphasizes investments in infrastructure, education, and research and development to stimulate long-term prosperity and productivity. Government policies supported these areas to support and nurture the expansion, leading to higher living standards.
