By Laurence G. Weinzimmer
Speedy progress is the craze this present day. Executives at businesses of each measurement this present day are careworn to forge development possibilities that attain large rewards in brief time spans. With the perfect way of thinking and a transparent knowing of the place possibilities lurk, businesses of each measurement can turn into development champions. Award-winning pupil and advisor Laurence G. Weinzimmer, Ph.D., combines real-world consulting stories along with his broad study and innovative insights to provide the 3 development drivers universal to high-performance businesses: management, marketplace components, and powerful process. Weinzimmer stocks insights absolute to yield gains: concentrate on stability. Be a industry motive force. examine your clients. With the best method, your enterprise will speed up.
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Extra resources for Fast Growth
You basically have two choices: 1. You can view your company through the products or services you offer. 48 FA S T G R O W T H 2. You can view your company through the value you create and provide. Something as elementary as how you view your own company will dramatically influence its future strategic direction. Numerous examples can be found of companies that completely change their focus (and ultimately their performance) by rethinking the underlying reason for their existence and taking a new look at themselves.
Ready, Set, Grow: A Unique Approach to Growth We don’t learn just from the companies that have grown successfully; we also learn from companies that have tried to grow but failed. By limiting research and examples exclusively 28 FA S T G R O W T H to growth companies, we’re putting on blinders, ignoring many of the downside risks associated with growth—we’re only getting half the story. Rather than finding case studies of the most successful growth companies and then trying to figure out how to imitate them, the methods and techniques in this book are based on research that explains why certain companies grow and why others don’t.
This created the birth of the minivan, a growth opportunity that turned a failing company into a multibillion-dollar market segment leader for the last 15 years. Organizational Capability Catalysts The three factors identified as organizational capability catalysts are effective resource management (maximizing capabilities to create competitive advantage), creation of a growth attitude (developing a corporate culture for growth), and win- 16 FA S T G R O W T H ning leadership (effectively championing growth initiatives and constructing a capable top management team).