CHAPTER 2Define a Growth Agenda
In the interview at the end of Chapter 1, Kay Plantes talked about the challenges caused by the Western growth model of too big to fail and made a very interesting point: Leaders must build a rich portfolio of business models so that they remain strong and then sell off the highly matured business models to make room for investing in emerging ones. Thus, the mental model of growth should not be limited to getting bigger for the sake of being bigger. Rather, an organization should practice smart growth to remain healthy.
Growth comes in spurts of regenerative growth as overlapping life cycles of products (and business units) require changes in competencies and potentially in business design. Successful growth must ...
Get Business Model Renewal: How to Grow and Prosper by Defying Best Practices and Reinventing Your Strategy now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.