oboloo

oboloo Glossary

Organic Internal Growth

oboloo Glossary

Organic Internal Growth

Organic Internal Growth

Organic internal growth is defined as a company’s ability to increase its sales, profit, and market share without acquiring another company or making any significant external investments.

A company that is experiencing organic internal growth is typically doing so as a result of strong management, efficient operations, and a healthy market for its products or services. While there are many factors that can contribute to a company’s organic internal growth, these three are typically the most important.

Strong management teams are critical for companies looking to grow organically. These teams need to be able to set clear goals and objectives, develop strategies for achieving these goals, and execute these strategies effectively. Additionally, they need to be able to manage the day-to-day operations of the company effectively and efficiently.

Efficient operations are also important for companies looking to grow organically. This means that the company is able to produce its products or services at a high quality and at a low cost. Additionally, it means that the company has efficient processes in place for things like manufacturing, distribution, customer service, etc.

Finally, companies need a healthy market for their products or services in order to experience organic internal growth. This means that there is sufficient demand for the company’s products or services and that the company has a competitive advantage in the market. Without these two things, it will be very difficult for a company to grow organically.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971