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    • about mark otto

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      Mark Otto is a business consultant, author. and speaker. He draws on a lifetime of experience with the organizational strategic, and leadership challenges of growing companies to offer
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    Category Archives: Company Building

    5 Business Growth Lessons I Learned the Hard Way

    By Mark Otto
    01.15.2014 | Categories:
    Company Building
    | Comments:
    0
    Early in my career, I assumed that all business growth was good; I assumed bigger was always better. After a $1 billion bankruptcy, it’s safe to say that I was wrong. Looking back, I can see that we stumbled and fell over the same fundamental issues that I see growing companies tripping over today.
    Read More

    How to Identify High-Potential Employees

    By Mark Otto
    01.10.2014 | Categories:
    Company Building
    | Comments:
    2 responses
    Do you have the leadership and managerial talent needed to grow your business? Developing your high-potential employees helps meet one of the biggest challenges of rapidly growing organizations: the ongoing need for leadership talent.
    Read More

    Is Your Business Built to Grow?

    By Mark Otto
    01.08.2014 | Categories:
    Company Building
    | Comments:
    0
    Much of what we believe about what it takes to scale a successful company and keep it growing is just plain wrong. Despite all the conventional wisdom about the greatness of America’s entrepreneurial culture, the fact is most companies start small and stay that way.
    Read More

    10 Mistakes That Derail Growing Companies

    By Mark Otto
    01.03.2014 | Categories:
    Company Building
    | Comments:
    0
    Of course there’s no alarm that’s going to go off to warn of an impending business disaster. But there are many clues. As the leader of a growing business, you need to be on the lookout for these clues because these common mistakes are critical signals that foreshadow catastrophe.
    Read More

    7 Keys to Overcoming Stagnant Growth

    By Mark Otto
    12.04.2013 | Categories:
    Company Building
    | Comments:
    0
    Growth companies often slow down because they are too focused on harvesting their success to launch new growth initiatives. Complacency creeps in. They still seem to be doing well, but as the current business slows – as it always does – they aren’t prepared to replace it. The best they can hope for, unless something changes, is to stay flat.
    Read More

    Entrepreneurs Are Needed Everywhere

    By Mark Otto
    12.02.2013 | Categories:
    Company Building
    | Comments:
    0
    Entrepreneurship is not the exclusive domain of venture-backed start-ups. And you don’t need to own a business to be an entrepreneur. What makes you an entrepreneur is the context in which you operate. Entrepreneurship is needed to create something new in an environment of uncertainty. It doesn’t matter what industry you’re in, or the size of the company. This view of entrepreneurship applies to anyone creating innovation anywhere.
    Read More

    7 Rules for Hiring Experts

    By Mark Otto
    11.25.2013 | Categories:
    Company Building
    | Comments:
    0
    Perhaps you’ve grown your business without the advice of others, but your business most certainly will not reach its full potential if you continue to do so. All successful CEOs and entrepreneurs can benefit from the expertise of outsiders. But we’ve all heard the jokes and horror stories that plague the professional services industry. And I know all too well the damage that can result from failed engagements with outside experts.
    Read More

    The Critical Role of Delegation in Fast-Growth Companies

    By Mark Otto
    11.18.2013 | Categories:
    Company Building
    | Comments:
    0
    “I don’t delegate because it’s easier just do it myself.” Or “No one can do this as well as I can.” Sound familiar? We’ve all said it. But this thinking is flawed. Delegating does take time and effort. And maybe you can do it faster or better. But there’s only one of you, and you don’t scale.
    Read More

    3 Silent Business Growth Killers

    By Mark Otto
    11.11.2013 | Categories:
    Company Building
    | Comments:
    0
    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.
    Read More

    Building a Fast-Growth Management Team

    By Mark Otto
    11.06.2013 | Categories:
    Company Building, Leadership
    | Comments:
    0
    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.
    Read More
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