Smart growth : building an enduring business by managing the risks of growth / Edward D. Hess.

Format:

Book

Author/Creator:

Hess, Edward D.

Series:

Columbia Business School Publishing

Language:

English

Subjects (All):

Corporations--Growth.

Corporations.

Small business--Growth.

Small business.

Business planning.

Management.

Physical Description:

1 online resource (248 p.)

Place of Publication:

New York : Columbia University Press, c2010.

Language Note:

English

Summary:

Wall Street believes that all public companies should grow smoothly and continuously, as evidenced by ever-increasing quarterly earnings, and that all companies either "grow or die." Introducing a research-based growth model called "Smart Growth," Edward D. Hess challenges this ethos and its dangerous mentality, which often deters real growth and pressures businesses to create, manufacture, and purchase noncore earnings just to appease Wall Street.Smart Growth accounts for the complexity of growth from the perspective of organization, process, change, leadership, cognition, risk management, employee engagement, and human dynamics. Authentic growth is much more than a strategy or a desired result. It is a process characterized by complex change, entrepreneurial action, experimental learning, and the management of risk. Hess draws on extensive public and private company research, incorporating case studies of Best Buy, Sysco, UPS, Costco, Starbucks, McDonalds, Coca Cola, Room & Board, Home Depot, Tiffany & Company, P&G, and Jet Blue. With conceptual innovations such as an Authentic Earnings and Growth System framework, a seven-step growth funnel pipeline, a Growth Decision Template, and a Growth Risks Audit, Hess provides a blueprint for an enduring business that strives to be better, rather than simply bigger.

Contents:

Frontmatter

Contents

Acknowledgments

Building an Enduring Company by Managing the Risks of Growth

1. Defining the Growth Mental Model

2. Smooth and Continuous Company Growth: The Exception Not the Rule

3. Economics: Theories of Growth

4. Organizational Design and Strategy: Theories of Growth

5. Biology: Theories of Growth

6. Smart Growth: Authentic Growth

7. Managing the Risks of Growth: Public Companies

8. Managing the Risks of Growth: Private Companies

9. It Is Time for Smart Growth

Appendix

Bibliography

Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

9786612897849

9781282897847

1282897845

9780231521758

0231521758

OCLC:

826476724