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HBR IdeaCast

Rethinking Growth at All Costs

Feb 27, 2024
Exploring the challenges of pursuing growth at all costs, the podcast discusses the importance of setting realistic growth targets and strategic planning. It examines the downfall of organizations trying to grow too fast, with examples of companies getting the balance right. The focus is on sustainable growth strategies that align with market demand and organizational capabilities.
28:35

Episode guests

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Quick takeaways

  • It's crucial for leaders to strategically consider the direction and method of growth, not just the rate.
  • Balancing growth ambitions with organizational capacity is vital to achieving sustainable growth.

Deep dives

Gary Bizano's Study on Business Growth

Gary Bizano, a Harvard Business School professor, conducted a study on the growth performance of nearly 11,000 public US companies. He discovered that most companies struggle to sustain growth, with three quarters showing minimal to no growth after adjusting for inflation. Bizano emphasizes that setting growth targets requires careful consideration of market demand and organizational capacity to achieve sustainable growth.

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