Hypergrowth
Hypergrowth refers to an accelerated and sustained rate of expansion experienced by a company, characterized by rapid increases in revenue, customer base, market share, and organizational size. Companies experiencing hypergrowth often outpace industry norms and quickly scale their operations to meet growing demand. Hypergrowth can be fueled by various factors, such as disruptive innovations, market opportunities, strategic investments, or viral adoption of products or services. Managing hypergrowth presents unique challenges related to scalability, resource allocation, organizational structure, and maintaining quality standards while sustaining momentum.