Exploring the Four Basic Paths to Business Growth
There are only a few fundamental ways businesses grow. Understanding the trade-offs of each helps leaders choose the path that fits their goals, resources, and risk tolerance.
There are only a few fundamental ways businesses grow. Understanding the trade-offs of each helps leaders choose the path that fits their goals, resources, and risk tolerance.
A strong business strategy without P&L ownership goes nowhere. Financial discipline without strategy leads to stagnation. Real leadership comes from mastering both.
Organizations need to place as much emphasis on their internal customers—the employees—as they do on external ones.
. To effectively lead, we must constantly evaluate where our efforts derive the most value and align best with our organization's strategy and mission — this is "where we need to be."
Leaders must create an environment that fosters the growth and development of high performance to get the best from their teams.