The power of focus - 3 characteristics of growth strategies that succeed
Growth is critical for a company's success, yet wrong growth can be
really damaging for a business. Here in the Valley we seem genetically
attracted to the promise of new products and markets, yet deciding not
to pursue something can be just as valuable.
of Bain was first published in 2001 and is being relaunched this year
is a great book on this topic. It identifies and explains three key
factors that differentiate growth strategies that succeed from those
that fail:
- Reaching full potential in the core business
- Expanding into logical adjacent businesses surrounding that core
- Preemptively redefining the core business in response to market turbulence
Link to video here: http://bit.ly/bCOlMQ
Book website here: http://bit.ly/dh97QK
About us: Medallia software enables the whole company to listen to customer feedback and systematically act to improve the customer experience: http://medallia.com
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