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Strategies for Profitable Growth and Outperformance
The chapter delves into the importance of choosing growth as a strategic focus, highlighting the reward of sustainable growth in total shareholders' return. It explores pathways to growth like expanding the core business and maximizing existing assets, emphasizing the need for bold moves in uncertain economic times. The conversation underscores the significance of strategic resource allocation, talent management, and innovative practices for companies to excel in both the short and long term.