3 Key Insights from Our Research on Pitfalls in Growing Companies

3 Key Insights from Our Research on Pitfalls in Growing Companies

3 Key Insights from Our Research on Pitfalls in Growing Companies

Discover the key findings from our research with 250 professionals from Belgian growing companies and get started with tips from Pit&Pit to avoid the most common pitfalls.

Discover the key findings from our research with 250 professionals from Belgian growing companies and get started with tips from Pit&Pit to avoid the most common pitfalls.

20 sep 2024

The more successful your company becomes, the greater the chance that other players will want to capitalize on your success. Some growing companies find that competitors are even copying their products. Almost half of the companies in our research (46%) have encountered competitors more frequently offering customers similar products since their growth spurt.

The advice from Belgian online organic food store Pit&Pit? Stay true to your unique company values and differentiate yourself from the competition by delivering top quality. But also recognize that competitors contribute to the growing attention to your product offering. Pit&Pit CEO Sven Van Gucht strongly believes in ‘co-construction’ around healthy food: “Competitors are everywhere, but other players in our segment contribute to the increasing focus on healthy food. Sooner or later, their customers will also end up on our site.”

The more successful your company becomes, the greater the chance that other players will want to capitalize on your success. Some growing companies find that competitors are even copying their products. Almost half of the companies in our research (46%) have encountered competitors more frequently offering customers similar products since their growth spurt.

The advice from Belgian online organic food store Pit&Pit? Stay true to your unique company values and differentiate yourself from the competition by delivering top quality. But also recognize that competitors contribute to the growing attention to your product offering. Pit&Pit CEO Sven Van Gucht strongly believes in ‘co-construction’ around healthy food: “Competitors are everywhere, but other players in our segment contribute to the increasing focus on healthy food. Sooner or later, their customers will also end up on our site.”

The more successful your company becomes, the greater the chance that other players will want to capitalize on your success. Some growing companies find that competitors are even copying their products. Almost half of the companies in our research (46%) have encountered competitors more frequently offering customers similar products since their growth spurt.

The advice from Belgian online organic food store Pit&Pit? Stay true to your unique company values and differentiate yourself from the competition by delivering top quality. But also recognize that competitors contribute to the growing attention to your product offering. Pit&Pit CEO Sven Van Gucht strongly believes in ‘co-construction’ around healthy food: “Competitors are everywhere, but other players in our segment contribute to the increasing focus on healthy food. Sooner or later, their customers will also end up on our site.”

The more successful your company becomes, the greater the chance that other players will want to capitalize on your success. Some growing companies find that competitors are even copying their products. Almost half of the companies in our research (46%) have encountered competitors more frequently offering customers similar products since their growth spurt.

The advice from Belgian online organic food store Pit&Pit? Stay true to your unique company values and differentiate yourself from the competition by delivering top quality. But also recognize that competitors contribute to the growing attention to your product offering. Pit&Pit CEO Sven Van Gucht strongly believes in ‘co-construction’ around healthy food: “Competitors are everywhere, but other players in our segment contribute to the increasing focus on healthy food. Sooner or later, their customers will also end up on our site.”

67% struggle with attracting and retaining qualified staff

Employees are the backbone of a growing company. Their skills, motivation, and engagement have a direct impact on your company’s ability to grow effectively.

As a company expands, it needs more employees and expertise. And that’s where the challenge often lies. Two out of three growing companies (67%) struggle with attracting and retaining qualified staff in the competitive job market. Yet, you need talent to drive your company’s growth. How do you address this?

Growing company Pit&Pit consciously chose senior profiles. CEO Sven Van Gucht explains this strategy: “In a rapidly growing company, it is often difficult to provide new starters with the right support and foster their personal growth. Experienced employees have the right knowledge and skills to achieve the company’s ambitions.”

Want more tips to tackle HR-related obstacles on your growth path?

Download the free Growth Generator whitepaper.

Employees are the backbone of a growing company. Their skills, motivation, and engagement have a direct impact on your company’s ability to grow effectively.

As a company expands, it needs more employees and expertise. And that’s where the challenge often lies. Two out of three growing companies (67%) struggle with attracting and retaining qualified staff in the competitive job market. Yet, you need talent to drive your company’s growth. How do you address this?

Growing company Pit&Pit consciously chose senior profiles. CEO Sven Van Gucht explains this strategy: “In a rapidly growing company, it is often difficult to provide new starters with the right support and foster their personal growth. Experienced employees have the right knowledge and skills to achieve the company’s ambitions.”

Want more tips to tackle HR-related obstacles on your growth path?

Download the free Growth Generator whitepaper.

Employees are the backbone of a growing company. Their skills, motivation, and engagement have a direct impact on your company’s ability to grow effectively.

As a company expands, it needs more employees and expertise. And that’s where the challenge often lies. Two out of three growing companies (67%) struggle with attracting and retaining qualified staff in the competitive job market. Yet, you need talent to drive your company’s growth. How do you address this?

Growing company Pit&Pit consciously chose senior profiles. CEO Sven Van Gucht explains this strategy: “In a rapidly growing company, it is often difficult to provide new starters with the right support and foster their personal growth. Experienced employees have the right knowledge and skills to achieve the company’s ambitions.”

Want more tips to tackle HR-related obstacles on your growth path?

Download the free Growth Generator whitepaper.

Employees are the backbone of a growing company. Their skills, motivation, and engagement have a direct impact on your company’s ability to grow effectively.

As a company expands, it needs more employees and expertise. And that’s where the challenge often lies. Two out of three growing companies (67%) struggle with attracting and retaining qualified staff in the competitive job market. Yet, you need talent to drive your company’s growth. How do you address this?

Growing company Pit&Pit consciously chose senior profiles. CEO Sven Van Gucht explains this strategy: “In a rapidly growing company, it is often difficult to provide new starters with the right support and foster their personal growth. Experienced employees have the right knowledge and skills to achieve the company’s ambitions.”

Want more tips to tackle HR-related obstacles on your growth path?

Download the free Growth Generator whitepaper.

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Table of contents

Table of contents

Table of contents

Table of contents

MollieInzichten3 Key Insights from Our Research on Pitfalls in Growing Companies
MollieInzichten3 Key Insights from Our Research on Pitfalls in Growing Companies
MollieInzichten3 Key Insights from Our Research on Pitfalls in Growing Companies