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The Shoe Industry
Frederick James Allen
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R884
Discovery Miles 8 840
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Ships in 12 - 17 working days
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A Washington Post Bestseller Three Principles for Managing--and
Avoiding--the Problems of Growth Why is profitable growth so hard
to achieve and sustain? Most executives manage their companies as
if the solution to that problem lies in the external environment:
find an attractive market, formulate the right strategy, win new
customers. But when Bain & Company's Chris Zook and James
Allen, authors of the bestselling Profit from the Core, researched
this question, they found that when companies fail to achieve their
growth targets, 90 percent of the time the root causes are
internal, not external--increasing distance from the front lines,
loss of accountability, proliferating processes and bureaucracy, to
name only a few. What's more, companies experience a set of
predictable internal crises, at predictable stages, as they grow.
Even for healthy companies, these crises, if not managed properly,
stifle the ability to grow further--and can actively lead to
decline. The key insight from Zook and Allen's research is that
managing these choke points requires a "founder's
mentality"--behaviors typically embodied by a bold, ambitious
founder--to restore speed, focus, and connection to customers: * An
insurgent's clear mission and purpose * An unambiguous owner
mindset * A relentless obsession with the front line Based on the
authors' decade-long study of companies in more than forty
countries, The Founder's Mentality demonstrates the strong
relationship between these three traits in companies of all
kinds--not just start-ups--and their ability to sustain
performance. Through rich analysis and inspiring examples, this
book shows how any leader--not only a founder--can instill and
leverage a founder's mentality throughout their organization and
find lasting, profitable growth.
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