The operational efficiency programs that have dominated most organizations during the recession actually erode growth capabilities, according to Betsy Morris (New Rule: Look Out, Not In) who writes in Fortune that of 58 large companies with Six Sigma programs, 91% trailed the S&P following implementation.
Thus, simply identifying changes in the competitive space, brainstorming the “right” opportunities and then demanding performance without changing the business model, the management systems, the cultural inhibitors and leadership mindsets throughout the organization, doom many well-meaning initiatives to mediocrity. The shift to growth as a core competence requires the commitment of everyone involved to explore, select and support new opportunities.
Thus, simply identifying changes in the competitive space, brainstorming the “right” opportunities and then demanding performance without changing the business model, the management systems, the cultural inhibitors and leadership mindsets throughout the organization, doom many well-meaning initiatives to mediocrity. The shift to growth as a core competence requires the commitment of everyone involved to explore, select and support new opportunities.
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