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When It Pays To Pause
In each case where a company's growth rate has the exceeded all projecions and forecasts, two things happen: (1)the growth rate has threatened the heart beat of the company and (2)the core competency of management and their support structures was misjudged - that core competency was inadequate. The lessons are many . The foundation lesson is: when a business starts moving to the next level of performance, management, who has been there already needs to be part of the new picture. When growth accelerates at a fast pace, relying on people and processes who were fine at the previous levels of performance, is using the Dracula Organization Theory Principle, What is the Dracula Organization? It looks fine during the day but it is sucking the life out of your business in the night - those periods when you are not able to inspect as closely as you did before. You are not likely to agree with everything in this report. When you don't - look in the mirror and remind yourself your thinking is wrong.
This article was posted on March 01, 2005 |
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