The “Truth” About Growth
The Myths About Growth:
- All growth is good.
- Bigger is always better.
- Businesses must “grow or die.”
- Stress quality controls
- Stress financial controls
- Dilute one’s customer value proposition
- Dilute one’s culture
- Put one in a different competitive space
the bigger, the more bureaucratic and complex.Complexity may exceed management capabilities and experience.
A business must only increase revenue in pace with cost increases.
Consistent above average grow is the exception—it is rare | Growth ≠ profits.
Consistent,high performance companies have :
- STRATEGIC FOCUS
- OPERATIONAL EXCELLENCE
- CONSTANT IMPROVEMENT
- CUSTOMER CENTRIC
- HIGH EMPLOYEE ENGAGEMENT