The Growth Paradox
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Author | : Chris Zook |
Publisher | : Harvard Business Review Press |
Total Pages | : 223 |
Release | : 2016-05-17 |
Genre | : Business & Economics |
ISBN | : 1633691179 |
A Washington Post Bestseller Three Principles for Managing—and Avoiding—the Problems of Growth Why is profitable growth so hard to achieve and sustain? Most executives manage their companies as if the solution to that problem lies in the external environment: find an attractive market, formulate the right strategy, win new customers. But when Bain & Company’s Chris Zook and James Allen, authors of the bestselling Profit from the Core, researched this question, they found that when companies fail to achieve their growth targets, 90 percent of the time the root causes are internal, not external—increasing distance from the front lines, loss of accountability, proliferating processes and bureaucracy, to name only a few. What’s more, companies experience a set of predictable internal crises, at predictable stages, as they grow. Even for healthy companies, these crises, if not managed properly, stifle the ability to grow further—and can actively lead to decline. The key insight from Zook and Allen’s research is that managing these choke points requires a “founder’s mentality”—behaviors typically embodied by a bold, ambitious founder—to restore speed, focus, and connection to customers: • An insurgent’s clear mission and purpose • An unambiguous owner mindset • A relentless obsession with the front line Based on the authors’ decade-long study of companies in more than forty countries, The Founder’s Mentality demonstrates the strong relationship between these three traits in companies of all kinds—not just start-ups—and their ability to sustain performance. Through rich analysis and inspiring examples, this book shows how any leader—not only a founder—can instill and leverage a founder’s mentality throughout their organization and find lasting, profitable growth.
Author | : Matty Paquay |
Publisher | : Lannoo Meulenhoff - Belgium |
Total Pages | : 291 |
Release | : 2024-04-23 |
Genre | : Business & Economics |
ISBN | : 940140724X |
How to keep all the plates in the air? Does your business story fit on a beermat? Competitors, which competitors? The Growth Paradox describes the phenomenon of growing pains. When a business grows rapidly, it tends to slow itself down. How can this be prevented? Is there anything that can be done about it? Absolutely, and this book helps you with that! In eleven chapters, it explains in clear language what the most common growing pains are and how to address them. Assumptions are debunked, myths are busted, problems are explained, and solutions are provided. Every company has the potential to become a growth company. And to stay that way. '11 chapters, 11 hooks, that not only help you understand where the growing pains come from but also assist in addressing the real causes. The Growth Paradox also helps you to create a practical framework with which your team can discuss and tackle rapid changes. That is exactly what we needed during our rapid organisational growth.' - Veerle Gonnissen | Site Manager INEOS O&P Lillo
Author | : Jan Eeckhout |
Publisher | : Princeton University Press |
Total Pages | : 352 |
Release | : 2022-10-25 |
Genre | : Business & Economics |
ISBN | : 0691224293 |
A pioneering account of the surging global tide of market power—and how it stifles workers around the world In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.
Author | : Jacky Fischer |
Publisher | : BenBella Books |
Total Pages | : 257 |
Release | : 2023-11-21 |
Genre | : Business & Economics |
ISBN | : 1637744080 |
Award-winning CEO Jacky Fischer presents her signature management method to help small businesses scale up by avoiding the most common and destructive pitfalls. If you hold on too tightly as a leader—to your people, to everyday decision-making, to the past—you will cut off vital oxygen necessary for growth. The solution: Stop being a control freak and instead empower your employees, get out of your own way, and establish a clear vision for the future. In other words: Let go to help your business grow. Embrace the growth paradox to get unstuck and grow your company to the next level. By leaning into some key, counterintuitive business ideas, you’ll make space for changes that will lead to nonlinear growth. In this uniquely insightful guide, you’ll learn why: Holding people accountable doesn’t work Helping employees often hurts performance Giving up power and control can increase growth Focusing on money can reduce profits Introducing big ideas can derail your progress What’s more, Fisher shares lessons she learned from growing a small family business into an organization with annual revenue topping $40 million—as well as practical tools for taking stock of where you are and charting an actionable plan so that you can create hypergrowth in your business.
Author | : Rob Krueger |
Publisher | : Guilford Press |
Total Pages | : 319 |
Release | : 2007-08-30 |
Genre | : Science |
ISBN | : 1593854986 |
Sustainability--with its promise of economic prosperity, social equity, and environmental integrity--is hardly a controversial goal. Yet scholars have generally overlooked the ways that policies aimed at promoting "sustainability" at local, national, and global scales have been shaped and constrained by capitalist social relations. This thought-provoking book reexamines sustainability conceptually and as it actually exists on the ground, with a particular focus on Western European and North American urban contexts. Topics include critical theoretical engagements with the concept of sustainability; how sustainability projects map onto contemporary urban politics and social justice movements; the spatial politics of conservation planning and resource use; and what progressive sustainability practices in the context of neoliberalism might look like.
Author | : Clayton M. Christensen |
Publisher | : HarperCollins |
Total Pages | : 416 |
Release | : 2019-01-15 |
Genre | : Business & Economics |
ISBN | : 0062851837 |
New York Times–bestselling Author: “Powerful . . . a compelling case for the game-changing role of innovation in some of the world’s most desperate economies.” —Eric Schmidt, former Executive Chairman, Google and Alphabet Clayton M. Christensen, author of such business classics as The Innovator’s Dilemma and How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offer a groundbreaking solution for true and lasting change. Global poverty is one of the world’s most vexing problems. For decades, we’ve assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, building infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources, and hope to see change over time. But hope is not an effective strategy. At least twenty countries that have received billions of dollars’ worth of aid are poorer now. Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies—but also builds countries. The Prosperity Paradox identifies the limits of common economic development models, which tend to be top-down efforts, and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, Ojomo, and Dillon use successful examples from America’s own economic development, including Ford, Eastman Kodak, and Singer Sewing Machines, and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico. The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they’ve failed before. But The Prosperity Paradox is more than a business book—it is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.
Author | : Andrew H. Wedeman |
Publisher | : Cornell University Press |
Total Pages | : 273 |
Release | : 2012-03-15 |
Genre | : Political Science |
ISBN | : 0801464749 |
According to conventional wisdom, rising corruption reduces economic growth. And yet, between 1978 and 2010, even as officials were looting state coffers, extorting bribes, raking in kickbacks, and scraping off rents at unprecedented rates, the Chinese economy grew at an average annual rate of 9 percent. In Double Paradox, Andrew Wedeman seeks to explain why the Chinese economy performed so well despite widespread corruption at almost kleptocratic levels. Wedeman finds that the Chinese economy was able to survive predatory corruption because corruption did not explode until after economic reforms had unleashed dynamic growth. To a considerable extent corruption was also a by-product of the transfer of undervalued assets from the state to the emerging private and corporate sectors and a scramble to capture the windfall profits created by their transfer. Perhaps most critically, an anti-corruption campaign, however flawed, has proved sufficient to prevent corruption from spiraling out of control. Drawing on more than three decades of data from China—as well as examples of the interplay between corruption and growth in South Korea, Taiwan, Equatorial Guinea, and other nations in Africa and the Caribbean—Wedeman cautions that rapid growth requires not only ongoing and improved anticorruption efforts but also consolidated and strengthened property rights.
Author | : G. Haour |
Publisher | : Springer |
Total Pages | : 166 |
Release | : 2003-11-17 |
Genre | : Business & Economics |
ISBN | : 0230510558 |
Innovation is central to the success of technology companies. The CEOs of these companies must make a priority of ensuring that technical know how is effectively converted into value. The paradox is that they rarely do. Resolving the Innovation Paradox shows how to put innovation for longer-term growth at the centre of the CEO radar. One tool is distributed innovation . Distributed innovation offers companies two main benefits. First, companies raise revenue by using channels such as licensing and selling innovation projects. Second, companies tap into external technical know-how, combining it seamlessly with their internal capabilities to develop 'high impact' products and services. Unconstrained by internal resources, such firms gain in agility. Resolving the Innovation Paradox offers examples from companies such as Generics, Intel, Nokia and Samsung. The book is addressed to all readers interested in managing innovation.
Author | : Michael Charles Tobias |
Publisher | : Springer Nature |
Total Pages | : 894 |
Release | : 2021-05-18 |
Genre | : Nature |
ISBN | : 3030645266 |
This work is a large, powerfully illustrated interdisciplinary natural sciences volume, the first of its kind to examine the critically important nature of ecological paradox, through an abundance of lenses: the biological sciences, taxonomy, archaeology, geopolitical history, comparative ethics, literature, philosophy, the history of science, human geography, population ecology, epistemology, anthropology, demographics, and futurism. The ecological paradox suggests that the human biological–and from an insular perspective, successful–struggle to exist has come at the price of isolating H. sapiens from life-sustaining ecosystem services, and far too much of the biodiversity with which we find ourselves at crisis-level odds. It is a paradox dating back thousands of years, implicating millennia of human machinations that have been utterly ruinous to biological baselines. Those metrics are examined from numerous multidisciplinary approaches in this thoroughly original work, which aids readers, particularly natural history students, who aspire to grasp the far-reaching dimensions of the Anthropocene, as it affects every facet of human experience, past, present and future, and the rest of planetary sentience. With a Preface by Dr. Gerald Wayne Clough, former Secretary of the Smithsonian Institution and President Emeritus of the Georgia Institute of Technology. Foreword by Robert Gillespie, President of the non-profit, Population Communication.
Author | : Curtis J. Morley |
Publisher | : Mango Media Inc. |
Total Pages | : 170 |
Release | : 2021-03-16 |
Genre | : Business & Economics |
ISBN | : 1642504130 |
“They don’t teach these principles in business school. These lessons can only come from the entrepreneurial book of life.” —Kevin Cope, author of the #1 Wall Street Journal bestseller Seeing the Big Picture What is the “entrepreneur’s paradox”? Curtis Morley explains that the exact qualities that aid an individual in founding a startup company—brilliance and expertise—are what prevent them from realizing expected success. What starts as freedom and financial independence turns into grueling hours, stress, bills, and ultimately failure. This is the paradox that is entrepreneurship. Morley is here to show startup businesspersons how to achieve the golden rule of successful entrepreneurs—5x results. That’s achieving five dollars in revenue for every dollar spent on marketing, advertising, sales, and any other growth expenses—a goal he himself has achieved and exceeded. By coaching clients on the sixteen pitfalls faced by all startups, he has promoted entrepreneurship development in multiple industries, sharpened skills, and revealed the keys to superior, next-level growth. This guidebook contains all you need to conquer the entrepreneur’s paradox and put yourself on a defined pathway to business success, while avoiding pitfalls like: · Climbing without a map · Building not selling · Losing sight of culture “Shows prospective business men and women how to reach their goals while creating a launchpad for a business.” —Daily Herald “The playbook for startup success.” —Sean Covey, president of FranklinCovey and coauthor of the #1 Wall Street Journal bestseller The 4 Disciplines of Execution