Download The Founder's Mentality: How to Overcome the Predictable Crises of Growth AudioBook Free
Why is profitable growth so difficult to accomplish and preserve? Most executives manage their companies as if the solution compared to that problem is based on the external environment - find an attractive market, formulate the right strategy, earn new customers. But when Bain & Company's Chris Zook and James Allen (creators of the best-selling Income from the Central) investigated this question, they discovered that when companies fail to achieve their progress focuses on, 90 percent of the time the root triggers are internal, not external - increasing distance from leading lines, loss of accountability, proliferating processes and bureaucracy, to mention just a few. What's more, companies experience a couple of predictable internal crises, at predictable periods, as they grow. Even for healthy companies, these crises, if not maintained properly, stifle the ability to grow further - and can actively lead to drop. The key understanding from Zook and Allen's research is that managing these choke points requires a "founder's mentality" - conducts typically embodied with a bold, ambitious founder - to restore the speed, concentrate, and connection to customers, all of which are lost as companies grow:
- An insurgent's clear objective and purpose
- An unambiguous owner mind-set
- A relentless obsession with leading line
