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The Founders Mentality: How to overcome the predictable crises of growth / Chris Zook | James Allen

By: Material type: TextTextPublication details: Massachusetts: Harvard Business Review Press, 2016.Description: 214 p . ; Hard-Bound, 24 cmISBN:
  • 9781633691162
DDC classification:
  • 23 658.406 ZOO
Contents:
Introduction: Chapter-1: The founder's mentality; Chapter-2: The three predictable crises of growth; Chapter-3: Combating overload; Chapter-4: Reversing stall-out; Chapter-5: Stopping free fall; Chapter-6: Action plan for leaders;
Summary: Three Principles for Managing and Avoiding- the Problems of Growth. Why is profitable growth so hard to achieveand sustain? Most executives manage their companies as if 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, researched this questions, they found that when companies fail to achieve their growth targets, 90 percent of the time the root causes are internal, not external-increasing distance from the front lines, loss of accountability, proliferating processes and bureaucracy, to name only a few. What's more, companies experience a set of predictable internal crises, at predictable stages, as they grow. Even for healthy companies, these crises, if not managed properly , stifle the ability to grow further-and can actively lead to decline. The key insight from Zook and Allen's research is that managing these choke points requires a "founder's mentality"-behaviors typically embodied by a bold, ambitious founder-to restore speed, focus, and connection to customers: An insurgent's clear mission and purpose; An unambiguous owner mindset; A relentless obsession with the front line; Based on the author's decade-long study of companies in more than forty countries, The Founder's Mentality demonstrates the strong relationship between these three traits in companies of all kinds-not just start-ups-and their ability to sustain performance. Through rich analysis and inspiring examples, this book shows how any leader-not only a founder-can instill and leverage a founder's mentality throughout their organization and find lasting, profitable growth.
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Item type Current library Collection Call number Status Date due Barcode
Books Books Tetso College Library Commerce & Management Non-fiction 658.406 ZOO (Browse shelf(Opens below)) Available 6598

Introduction: Chapter-1: The founder's mentality;
Chapter-2: The three predictable crises of growth;
Chapter-3: Combating overload;
Chapter-4: Reversing stall-out;
Chapter-5: Stopping free fall;
Chapter-6: Action plan for leaders;

Three Principles for Managing and Avoiding- the Problems of Growth.
Why is profitable growth so hard to achieveand sustain? Most executives manage their companies as if 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, researched this questions, they found that when companies fail to achieve their growth targets, 90 percent of the time the root causes are internal, not external-increasing distance from the front lines, loss of accountability, proliferating processes and bureaucracy, to name only a few. What's more, companies experience a set of predictable internal crises, at predictable stages, as they grow. Even for healthy companies, these crises, if not managed properly , stifle the ability to grow further-and can actively lead to decline.
The key insight from Zook and Allen's research is that managing these choke points requires a "founder's mentality"-behaviors typically embodied by a bold, ambitious founder-to restore speed, focus, and connection to customers:
An insurgent's clear mission and purpose;
An unambiguous owner mindset;
A relentless obsession with the front line;
Based on the author's decade-long study of companies in more than forty countries, The Founder's Mentality demonstrates the strong relationship between these three traits in companies of all kinds-not just start-ups-and their ability to sustain performance. Through rich analysis and inspiring examples, this book shows how any leader-not only a founder-can instill and leverage a founder's mentality throughout their organization and find lasting, profitable growth.

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