A growth strategy is an organization's plan for overcoming current and future challenges to realize its goals for expansion.
Examples of growth strategy goals include increasing market share and revenue, acquiring assets, and improving the organization's products or services.
The 4 primary types of growth a business can experience include strategic, internal, organic, and lastly- partnership, acquisition, or merger growth. Learning more about each of these 4 types of growth can help business strategy efforts be more successful and organized.