Abstract

The purpose of this research is to provide the indication on policy for the SME that are going through the Growing Pains by analyzing the cause of the Growing Pains and the effect that it causes to the company performance. By measured the extent of the growing pains in entrepreneurial companies, 8 of the 20 companies surveyed companies indicate that some very significant problems exist within the organization and the other 12 companies indicate some organizational problems require attention. As a result of correlation between company performance and Growing Pains that analyzed by using CAGR(Compound Annual Growth Rate), we have arrived at the conclusion that they are oppositely related. We have conducted the regression coefficient in order to analyze the factors that are affecting the Growing Pains and we have discovered that Leadership and work performance capability of CEO, Company's structure capability and Company's cultural strength have a meaningful relation out of 7 Factors that were used for regression coefficient. Only, CEO's work performance is analyzed to worsen the Growing Pains that, for enterprises at the certain growing stage it is needed to establish an administrative system instead of relying on CEO. Also CEO's strong leadership play which relate to administrative capacity, forming reasonable organizational structure, customer oriented mind and Company's culture that are developed with sense of responsibility reduce Growing Pains according to a research.

본 연구는 벤처기업이 겪는 성장통이 경영성과에 미치는 영향과 성장통이 발생하는 요인을 분석하여 벤처기업에 정책적 시사점을 제시하는데 그 목적이 있다. 연평균복합성장률을 사용하여 추출한 경영성과와 성장통을 상관관계분석한 결과 통계적으로 유의적인 부(-)의 관계가 있었다. 성장통에 영향을 미치는 요인을 분석하기 위해 회귀분석을 실시한 7개의 변수 중 CEO의 업무능력과 리더십, 조직 구조적 역량, 조직 문화적 역량은 성장통과 유의미한 관계가 있으나 분석요인 중 CEO의 업무능력은 성장통을 악화시키는 것으로 나타나, 기업이 일정한 성장기에 들어서는 경우 CEO의 개인적 역량에 의존하기보다 관리시스템을 구축하는 것이 필요한 것으로 분석되었다. 또한 기업의 관리역량과 관련된 CEO의 강한 리더십 발휘와 조직구조의 적정한 편제 및 고객 지향적이고 책임감 있는 기업문화의 조성은 성장통을 감소시키는 요인으로 조사되었다.

Keywords

• Growing pains;
• Venture companies;
• Company performance;
• Growing factor

• 성장통;
• 벤처기업;
• 경영성과;
• 성장요인;