Becoming a Mighty Midsized Company

Life would be a lot easier if each of the seven growth killers we’ve discussed in this book acted independently. Then we’d only have to defend ourselves against them one at a time. But the truth is that they’re highly related. One can trigger another in a catastrophic cascade. But there’s a silver lining. Because the growth killers all feed off one another, taking just a few preventive steps can reduce a midsized company’s vulnerability to all of them.

But first, let’s look at a midsized toy importer (mentioned in chapters 3 and 4) that managed to survive all seven: “Letting Time Slip-Slide Away,” “Strategic Tinkering at the Top,” “Reckless Attempts at Growth,” “Fumbled Strategic Acquisitions,” “Operational ...

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