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Keep it moving in fast-forward mode

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in Best-Practices Leadership,Leaders & Managers

The difference between organizations that grow and those that die is leadership. Take some tips from the pros on smart growth.

If you’re growing through acquisition:
  • Look hard at administrative and decision-making processes. That’s where run-ins will happen later.

  • Put your own folks in charge of the business side, but leave the brainiacs alone.

  • Listen hard—and often—to make sure everybody’s on the same page.
If you’re growing naturally:
  • Don’t run after every opportunity if it takes you away from your core expertise. Example: P.F. Chang’s China Bistro, growing 21 percent a year, won’t open a new place unless it fits the chain’s demographic profile.

  • Plan for more growth even when business is going nuts.
— Adapted from “Managing Growth for a Thriving Business,” Damon Darlin, Playbook, Business 2.0.

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