Why is profitable growth so hard to achieve and sustain?
Most executives manage their companies as if the solution lies in the external environment: find an attractive market, formulate the right strategy, win new customers. But when consultants at Bain & Company researched this question, they found that when companies fail to achieve their growth targets, the root causes are usually internal, not external. What’s more, they found that growing companies experience predictable internal crises. If not managed properly, these crises will stifle a company’s ability to grow.
Chris Zook of Bain & Company—coauthor of The Founder’s Mentality as well as other acclaimed books such as Profit from the Core— leads this Harvard Business Review webinar. Zook shares why companies need a “founder’s mentality” to drive speed, focus, and connection to customers and summarizes research insights and case studies from across the globe on how organizations can find lasting, profitable growth.