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|
|Number of Pages||:||224 pages|
January 30, 2018
This is one of those books where they take a bunch of their consulting experience and then roll it into a book that repeats itself over and over again. Not worth the read
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...
August 26, 2017
This book is a must-read for anyone involved in running a business. It applies to small, medium and large businesses alike and focuses on the inside rather than the outside of the company.
It is full of examples and insights on how to cross the many chasms companies face as they mature.
It is short...
December 16, 2017
Not deep enough, a lot of the times it’s just executive just-so stories: self-selecting cases where it’s not clear if it’s a case of correlation or causation. The advice on complexity reduction is not bad but this could be condensed to a HBR article.
January 30, 2018
Similarly to "All models are wrong; some models are useful", my view on business books is that some of them are indeed useful. Usefulness of business books comes either from direct applicability to one's current situation, or a general quality of being inspiring. I didn't find this book either in...
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...
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...
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"...
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...
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.