3 Silent Business Growth Killers
There’s an inescapable truth I’ve found over twenty years of working with fast-growth companies: Instead of bringing out the hidden strengths of a business,success tends to bring out the hidden weaknesses.
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Building a Fast-Growth Management Team
The biggest distinguishing factor between success and failure is almost always the senior management team. A high-performing team, with broadly differing viewpoints and perspectives, determines how far a business goes – more than the idea, more than the timing, and even more than the resources of the company.
5 Success Factors of High-Growth Companies
What separates the also-rans struggling to achieve growth from the masters – those companies and leaders who manage to achieve long-term sustainable growth? What are the practices that can make the difference between merely surviving and achieving extraordinary growth?.
Business Growth is a Balancing Act
As companies grow and get bigger, most leaders struggle with the need to add structure and process to the business. They become very concerned about “over managing” the organization and creating a bureaucracy. Because most of us know the horrors of working in a rigid and arthritic organization, there is a natural fear of systems, structure, and process.
5 Signs Your Business is Growing Out of Control
Without proper planning you may find your growth creating an avalanche that buries you in unforeseen problems. Several times a year, there are stories about companies that got themselves into trouble because they “grew too fast.” In hindsight, the insiders in these companies describe the situation using expressions like “out of control” or “total chaos.”
Why Smart Leaders Don’t Always Make Smart Decisions
Effective decision making is essential to a successful business. Every day we are called upon to make decisions. Some are small and have little impact. Others carry a greater weight – decisions with important consequences. Invariably, mistakes are made along the way. The difficult truth is that very important decisions made by smart people sometimes go very wrong.
Is Your Mindset Preventing Growth?
A mindset is our perspective on the world and outlook on life. The choices we make reflect our mindset. Some people see new challenges as opportunities to learn, and for others, they are an opportunity to fail.
10 Rules for Mastering the Art of Feedback
It’s not easy to hear about our weaknesses. And telling others how they can improve is almost as difficult. Giving feedback can be awkward, messy, and uncomfortable. Feedback can raise defensiveness, fear, and anxiety. And when done badly, it can be emotionally devastating.
One Essential Leadership Quality
Great leaders have a mindset of continual improvement, which is fundamental to business growth. Why? Because constant improvement requires consistently challenging the way you do things – no matter how successful you are. This “get better” mentality is the driving force behind great leaders.
Why Growing Companies Need More Meetings
In an earlier post I briefly touched on the importance of meetings in growing companies. I realize that meetings are a hot button in most organizations. But I want to provide you with the antidote to those unproductive wastes of time that we’ve all had to suffer through.
