Death From Indigestion - Sustainable Growth

Many contractors are faced with a nearly overwhelming amount of profitable work in the current economy.

D. Brown Management Profile Picture
Share

Many are posting record bottom-line profits helping their balance sheets recover from the recession.  

Quote: More organizations die of indigestion than starvation. David Packard.

With that it is important to remember the critical observation from David Packard:     

 “More organizations die of indigestion than starvation” 

Toyota is a very strong company with an amazingly strong culture and even they weren’t immune as they pushed their worldwide expansion a little too quickly.  Toyota was far from death but they did have some operational and quality problems. 

The ultimate root cause was discussed in Developing Lean Leaders at All Levels:  Their rate of revenue growth outstripped the rate they could develop their leadership (talent).  


Will the markets you are in today support you through the next cycle in the economy?  

Do you have a predictable way to develop new business - even in a tight economy?  

Are you investing enough today in building your competitive advantage for tomorrow?  

How does your talent acquisition, development and retention compare to your growth rate and your competitors?  

Learn more about sustainable growth for contractors




Fail 9 Times to Succeed
Fail nine times in order to succeed. The ability to accept failure as part of the learning process is just one of the great insights from: The Five Elements of Effective Thinking
Contractor Exit Strategy 5 of 6: Sale to Management
Contractor Exit Strategy 5 of 6: Sale to Management. A very common exit strategy for contractors and one that might be integrated with passing the business down to family or used when there is no family involved in the management of the company.
Lessons from the 9th Grade
At the beginning our our lives, careers and businesses we can get into an extremely comfortable position with someone else taking nearly 100% of the responsibility. Someone else tells us what to do, how to do it and when it needs to be done by.