
CHA PTER 1: Growth Is Everywhere8
LESSONS
If you are a senior executive in an organization, what can you take
away from all this?
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The key lesson is that the stock market rewards good growth.
It is not enough to just deliver good operating performance and
prots. The market needs to see prospects for growth as well.
There are scores of companies that managed their assets with
great care and delivered good returns on assets, but did not grow
much. Many of these companies ended up being targets for
acquisitions as others saw opportunities for growth that these
companies themselves did not.
But growth has to enhance shareholder ...