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Concept of Organization Life Cycle

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Apply the concept of life cycle to an organization with which you are familiar, such as a university or a local business. What stage is the organization in now? How did the organization handle or pass through its life cycle crises?

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The solution discusses the concept of organization life cycle.

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Any organization must pass through the organization life cycle stages and either grows or dies at some time in the cycle. An example is a University that starts as an idea in an entrepreneur's mind, a management group is formed and the business plan is written down. The trial phase is normally achieved through trial and error. For an entrepreneur who has funds, the University goes into the growth phase where it leaves the start phase. In the growth phase, the University ...

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