The relationship between politics and business growth has long been a flashpoint between competing political ideologies. Reinforcing the idea that growth is essentially a function of politics, terms like sequestration, quantitative easing and austerity are now being viewed as the determining factors in whether companies can grow in the future.
This is, of course, a myth.
Companies that are inherently growth-focused replace political ideology with the pragmatism needed to achieve and sustain growth. These companies acknowledge that they have virtually no control over political outcomes, and that some level of political volatility will always be present in the business environment. From this understanding, rather than be transfixed or even paralyzed by these factors, they look to convert the ever- changing political winds into opportunities for growth and expansion.
The myth that growth is political is one of many myths that can inhibit the ambition and future growth prospects of companies. As the pursuit of business growth becomes even more urgent, companies must overcome these myths.
Sales & Marketing Alignment: How to Synergize for Success
5 Myths About Business Growth
1. FIVE BY FIVE EBOOK SERIES
FIVE
MYTHS
ABOUT BUSINESS GROWTH
2. Other eBooks in this five by five series
5 Critical Leadership Priorities for Growth
5 Trends for Business Growth
5 Threats to Business Growth
5 Opportunities for Business Growth
learn more by reading
GrowthThinking: Building the New Growth Enterprise
by Keary L. Crawford and Wayne A. Simmons
5 Myths About Business Growth
14. Conclusion.
Growth-focused companies dispel the many myths associated with growth
by focusing on the factors that really determine business growth:
Reframing markets, volatility and external forces to uncover hidden sources of growth
Repositioning tangible and intangible strategic assets to create high barriers to entry.
Renewing products, services, and experiences to create unique
sources of customer value and competitive differentiation.
Realigning the competitive landscape by strategically
changing the basis of competition; and
Reinventing business models to create structural competitive advantages.
Left unchecked, these five myths, and the many others associated with business growth can
be paralyzing. Fortunately, individual companies can take a different approach by formulating
their own views and taking preemptive action to achieve and sustain business growth.
Other eBooks in this five by five series
5 Critical Leadership Priorities for Growth
5 Trends for Business Growth
5 Threats to Business Growth
5 Opportunities for Business Growth
learn more by reading
GrowthThinking: Building the New Growth Enterprise
by Keary L. Crawford and Wayne A. Simmons
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Co. disclaims all warranties as to the accuracy, completeness or adequacy of such information and shall have no liability for
errors, omissions or inadequacies in such information. This publication consists of the research and experiential opinions of
The Growth Strategy Co. and should not be construed as statements of fact. The opinions expressed herein are subject to
change without notice.