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Inside the Strategy Room
198. Six strategies for growth outperformance
Mar 15, 2024
Dig into six strategies for growth outperformance with experts from McKinsey & Company. Topics include driving sustainable growth, strategic resource allocation, talent management, innovative practices, strategic growth and expansion, 'shrinking to grow' strategy, pitfalls of pursuing adjacencies, emphasizing innovation in a changing industry landscape, and the significance of investable growth and courage in strategy.
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Quick takeaways
- Successful companies focus on profitable growth, not just revenue expansion.
- Maintaining a growth mindset and making bold moves are crucial for growth outperformance.
Deep dives
Choosing Growth as a Strategic Priority
Growth is highlighted as essential for driving performance, culture, and employee satisfaction. The focus is on achieving profitable growth instead of mere top-line expansion, supported by strategies to inspire a growth culture and make bold moves even in uncertain economic times.
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