Excellent article on CFO.com “How Not to Grow“. Highlights summarized below.
- Going after the wrong market. Get focused by creating a “not-to-do” list.
- Scaling good ideas too fast. Leave some opportunities for tomorrow.
- Waiting too long to invest in the future. Make innovation part of the company’s culture — and cultivate the fine art of killing unpromising projects.
- Hiring superstars who don’t fit the company culture. Maximize the employees you have before hiring more.