We just published an article in PROFIT Magazine (a Rogers publication), entitled “Why Companies Crash”; subtitled (I guess you could call it that – more of a story lead, I should say) “The Great Paradox of Management is that Growth today can inhibit More Growth tomorrow. Here’s how some High-Flying Firms overcame the challenge that could pull apart your business, too”.
The article comes from research we did with Profit 100/200 companies, interviews with a number of high-flying entrepreneurs, and 20 years of experience working with businesses of all shapes and sizes. What it all points to is that, as size and complexity of the business increase, organizations often find themselves in a state of “wobble”, caused by a misalignment of structure, resources, compensation, strategy and individuals’ roles and responsibilities.
It can cause quite a mess.
The good news? There are ways to detect it happening, prevent it from having calamitous consequences, and treat the organization if it is already present. I’ll write about those instruments, techniques and tools in future entries. For now:
The article can be found by clicking here.