The president and the chief executive officer (CEO) of Holey Soles - a developer, producer and dispenser of injected-molded footwear - was positive and upbeat. Sales had developed at 300 per cent in each of the preceding two years, it ranked number four in a top publication's 2006 Canada's Emerging Growth Companies, and the CEO herself was a finalist for the 2007 Ernst & Young Entrepreneur of the Year Award. Sustaining the momentum that had been building since the company had been bought in 2004 was proving to be a challenge.
Quick increase was stretching the capabilities of Holey Soles in all regions: procuring financing, sourcing, developing new markets, keeping high quality, expanding the product portfolio and management talent. The CEO wondered what the available choices, priorities and next steps would be to continue to achieve her aggressive goal of $40 million in sales by 2009, and to develop a solid foundation for growth.
PUBLICATION DATE: August 26, 2009 PRODUCT #: 909M57-HCB-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP
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