Home » Articles on Demand » Large For Profit Organizations Growing and Diversifying




Large For Profit Organizations Growing and Diversifying

by Roger Neugebauer and Debra Hartzell
January/February 2015
Access over 3,000 practical Exchange articles written by the top experts in the field through our online database. Join Today!

Article Link: http://exchangepress.com/article/large-for-profit-organizations-growing-and-diversifying/5022170/

After years of little or no growth, the large organizations in the for profit sector began to grow again in 2014 (see The Exchange Top 50 Chart on page 72). In addition, these organizations displayed an increasing interest in participating in public programs to serve a broader spectrum of families.

2014: Growth Re-Ignites

While the economy was slowly recovering, the major for profit players were not aggressive in their growth strategies. From 2009 through 2013, the largest for profit organizations grew on average just over 1% per year. In 2014, the top 50 in aggregate showed zero growth. However, during the year KinderCare Learning Centers sold or closed a great number of its older and poorly performing centers. When you subtract KinderCare from the equation, the balance of the largest for profits actually grew by just over 5%.

The growth mode appears likely to continue as the CEOs of the top 50 centers project an aggregate growth of 6% in 2015. Of course, whether such optimism is translated into reality remains to be seen. During the previous five years of slow growth, these same organizations predicted growing by 4 �" 7% in our annual surveys. However, with a year of actual solid growth ...

Want to finish reading Large For Profit Organizations Growing and Diversifying?

You have access to 5 free articles.
or an account to access full article.