Submit your entry on how Globe Dye Works could have thrived and grown applying the six perspectives of the Growth Strategy Grid. All entries are accepted via email only in any format at email@example.com.
Globe Dye Works is the iconic manufacturer of chemical dyes, treatments and related products, located in northern Philadelphia. After 140 years of operating as a quintessential industrial enterprise it went out of business.
Applying the six key perspective of the Growth Strategy Grid, formulate your Growth Strategy for Globe Dye Works that could have helped the iconic manufacturer to avoid decline and failure. All competition entries may be accompanied by any type of media (photo, video, illustration) and may be submitted in any format (photo, video, illustration, plain text, PDF, PPT) as long as the Growth Strategy Grid and all six perspectives are applied. For full competition entry details, please read Terms and Conditions.
The entries are accepted via email at firstname.lastname@example.org starting September 25, 2013 (3pm ET) through October 20, 2013 (6pm ET). TGSCo. Committee will select and announce three winners on October 25, 2013 who will receive awards ranging from one grand prize of US$1,000 to two runner-up prizes of US$750 and US$500. Download the Growth Strategy Competition Webinar PDF to lean more.
The Growth Strategy Student Competition is based on the Globe Dye Works Co. case study, a chemical dyes manufacturer in northern Philadelphia that after 140 years of operating as a quintessential industrial enterprise by five generations of the Greenwood family went out of business. Earning its motto, “You can rely on Globe”, the company faithfully served its customers, employed thousands of dedicated employees and became the economic foundation for its broader community. After facing intense shifts in the competitive landscape, the company eventually stopped growing, and after a long decline Globe Dye finally closed its doors in 2005. Today, the company’s iconic logo continues to tower prominently over the red brick buildings, tantamount to a warning sign that seems to ask: “How can our fate be avoided?”
The story of Globe Dye was featured in Growth Is Human, a non-commercial award winning 15-minute film produced by The Growth Strategy Co. and directed by Pulse Cinema. At the intersection of social impact, economic policy and business growth, the film captures the “human and community story” related to globalization, global competition and business strategy. “Growth Is Human” emphasizes that companies of all shapes, sizes and geographies share the common objective to, not only avoid the fate of companies like Globe Dye Works, but to also find ways to thrive and grow. As companies pursue these objectives, they must confront the central underlying question: Can business growth and renewal be more inevitable than decline and failure?