Growth is not linear, but a rollercoaster ride of adrenaline highs and stomach churning lows. Business leaders need both endurance and the ability to change your approach when you need to keep your company on the path of sustainable growth in the long term. The authors tracked more than 110 heads of young innovative companies from more than 20 different countries and some industries for more than five years. Their study highlights the important paradox in managing growth: The same behavior that are necessary or useful for the growth of the firm in good times can easily become trapped in bad. Conscious of this, and having the ability to manage them, in particular, increases the likelihood of success. In particular, the authors identify four shifts mindset that leaders in unstable conditions of the need to do if they are to be effective: from sticking to their guns, in collaboration with his critics, from the main character, to be a means of ensuring, not always one step further by making sure that everyone is on the same page, with the extremes of living to remain firmly on track. First of all, managers should be based on a strong set of personal values, such as humility, kindness, patience and fair treatment, which ultimately will help organizations to better cope with storms and bounce back faster on sunny days growth. "Hide
by Julia Prats Moreno, Mark Pine Source: IESE-Insight Magazine 8 pages. Publication Date: September 15, 2009. Prod. #: IIR033-PDF-ENG
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