Team and Concepts, Inc. (TNC), the IT company founded by David Lee and his partners in 2003, was not a typical small business. Its owners were innovative, business-savvy entrepreneurs with audacious goals that have worked daily to grow the business and turn it into a successful company. Such transformations require a comprehensive change in many aspects of business. Facilitating this transition requires an expansion of administrative, financial, marketing and R & D capabilities. In 2004, the company faces the challenge of working with new investors and partners who are likely to create the conditions for business and require it to adopt a new behavior and new management structure. TnC also study trade-offs between acquiring outside funds and maintaining control to make wise decisions about their future strategy. "Hide
by Ali Farhoomand, Maria Ho Source: University of Hong Kong, 13 pages. Publication Date: 05 Oct 2004. Prod. #: HKU348-PDF-ENG
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