When we talk about business growth, the most precise thing that we can define is the achievement of a process of continuous improvement that drives a company to reach goals or success milestones previously planned. We can mention different ways to achieve it.
Goal setting and milestone acknowledgement is a hugely important part of any business, and I would add that including your employees in the goal planning and milestone appreciation is critically important too. You want those who work for you to feel like collaborators and not cogs - involving them significantly in the goal setting and milestone acknowledgement is your best way of doing this.