The Founder’s Mentality: How to Overcome the Predictable Crises of Growth by Chris Zook

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Read The Founder’s Mentality: How to Overcome the Predictable Crises of Growth Online Free - Three Principles for Managing—and Avoiding—the Problems of Growth

Why is profitable growth so hard to achieve and sustain? Most executives manage their companies as if the 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 question, 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 authors’ 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.



Title : The Founder’s Mentality: How to Overcome the Predictable Crises of Growth
Author :
Rating :
ISBN : 1633691160
Edition Language : English
Format Type : Hardcover
Number of Pages : 224 pages


Reviews


Lacie rated it ★★★★★

June 05, 2016

For Anyone with an Entrepreneurial Spirit The Founder’s Mentality is a well written, case-study based, analysis of the characteristics needed of business leaders, especially in times of crisis. You don’t have to be the founder of a start-up to benefit from the value of this book. In fact, those wh...


Andrew rated it ★★★☆☆

October 24, 2016

I think there was a lot of good to this book, but the further I got in, the more I realized I was not the intended audience. There are definitely some lessons that can be pulled from this text, but I think it's much better suited for executives in larger companies rather than leaders in the start...


Scott rated it ★★★☆☆

May 24, 2017

This book is not for founders--it's for well established firms who want to have the vitality and health of a freshly founded organization. It's got some good data and draws solid conclusions. But it's not really adding new ideas to the field and it's too academic in it's uses. It looks like they...


Russ rated it ★★★★☆

March 22, 2017

Good quick read about what happens when companies (or any organization) grow and lose sight of the focus/values/vision that made them successful in the first place. Found several crossover principles for church leadership. Biggest takeaway for me was that the causes of "stall out" or "free fall"...


Yevheniy rated it ★★★★☆

August 20, 2017

Mislead by the title...:) Still the principles suggested by Bain & Co to stay afloat while growing are applicable no matter the business size or type. Not the rocket science from the first sight, but so powerful. So easy to lose the focus on those. Book serves as a strong reminder for the cer...


Chris rated it ★★★★★

November 07, 2016

Great Book about the Owners Mentality, his or her Passion and how they must Overcome the ups and downs of their business's epp and tide of Growth until it stays in Profit.


Ann rated it ★★☆☆☆

May 27, 2017

Read this for work. 'Nuf said. Back to reading for fun!


Dan rated it ★★★☆☆

August 13, 2017

Overall good book. However, in many cases it provided arguments as fact but with no data and no footnotes connecting the statement to any research.


Manuel rated it ★★★★★

August 14, 2017

A very nice and simple approach to help you scale or restart your business with the basics that made your success in the first place. Give it definitely a try !


Darren rated it ★★★★★

July 05, 2016

This subject is something this reviewer knows all too well from his period of operating a company that had started and expanded with high growth, namely how a company can continue to grow and remain profitable over the longer-term. So this was an interesting book to read! It feels that the author...





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