The Founder's Mentality
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The Founder's Mentality
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The Founder's Mentality
Why is profitable growth so hard to achieve and sustain? Most executives manage their companies as if the solution to that problem lies in the external environment-find an attractive market, formulate the right strategy, win new customers. But when Bain & Company's Chris Zook and James Allen, authors of the bestselling Profit from the Core
Why is profitable growth so hard to achieve and sustain? Most executives manage their companies as if the solution to that problem lies in the external environment β find an attractive market, formulate the right strategy, win new customers.
But when Bain & Company's Chris Zook and James Allen, authors of the bestselling Profit from the Core, researched this question, they found that 90 percent of the challenges to growth are internal: increasing distance from the front lines, loss of accountability, and proliferating processes and bureaucracy, to name only a few.
More crucial is their finding that companies experience a set of predictable internal crises, at predictable stages, as they grow; and that for even the healthiest companies, these crises, if not managed properly, can stifle the company's ability to grow further β and actively lead it into decline.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
The Founder's Mentality by Chris Zook and James Allen has received positive acclaim for its insightful exploration of maintaining a company's core strengths while scaling. It emphasises the importance of a founder's influence in fostering innovation, passion, and agility, traits that can lead to enhanced business performance and shareholder returns. The book is praised for its practical insights, supported by extensive research, on how to preserve a start-up mentality, making it essential reading for entrepreneurs and business leaders striving for sustainable growth.
Book Details
INFORMATION
ISBN: 9781633691162
Publisher: Harvard Business Review Press
Format: Hardback
Date Published: 07 June 2016
Country: United States
Imprint: Harvard Business Review Press
Illustration: illustrations
Audience: Professional and scholarly
DIMENSIONS
Spine width: 25.0mm
Width: 155.0mm
Height: 234.0mm
Weight: 425g
About the Author
Chris Zook is a partner at Bain & Company and has been co-head of the firm's Global Strategy practice for twenty years. He is based in Boston and Amsterdam and specializes in helping companies find new sources of profitable growth.
James Allen is a partner in Bain's London office. Co-head of the firm's Global Strategy practice, he is founder of the Bain Founder's Mentality 100, a global network of high-growth companies.
Zook and Allen are the authors of five bestselling books on strategy, including Profit from the Core.
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