Grow or Die
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The document provides an overview of the key building blocks needed for business growth in 5 minutes through 20 slides. It discusses that having a great product is not enough to sustain long-term growth and that ongoing growth is needed to remain competitive. It then outlines 8 key blocks for growing a business, including having the right value proposition, targeting the correct market, strong customer relationships, an effective business model, strategic alliances, high-performing management, an involved board, and a viable capital strategy. It emphasizes that businesses need to continuously evaluate and improve all areas to sustain long-term growth.
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We chose this topic because the leadership during crisis aims at tackling issues that happen in our everyday life whether it be in personal, departmental or group/ team level but also on a company and global economic scale. Without good leadership during these tough times, a department/company or country can fail to find the best solutions. A good leader during crisis needs to keep the team spirit high, motivation going and clear vision. We aim at having a group activity with a simulation game to make the teams aware of and access leadership performance during crisis.
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Sources:
Hamblin, R. L. (1958). Leadership and crises. Sociometry, 21(4), 322-335.
James, E. H., & Wooten, L. P. (2005). Leadership as (Un) usual:: How to Display Competence in Times of Crisis. Organizational Dynamics, 34(2), 141-152.
Heifetz, R., Grashow, A., & Linsky, M. (2009). Leadership in a (permanent) crisis. Harvard Business Review, 87(7/8), 62-69.
Grant, J. M., & Mack, D. A. (2004). Preparing for the Battle:: Healthy Leadership during Organizational Crisis. Organizational Dynamics, 33(4), 409-425.
Hunt, J. G., Boal, K. B., & Dodge, G. E. (1999). The effects of visionary and crisis-responsive charisma on followers: An experimental examination of two kinds of charismatic leadership. The Leadership Quarterly, 10(3), 423-448.
Spreitzer, G. M., Restoring Hope During Trying Times. Ross School of Business. Visited on the 2nd of February via http://www.bus.umich.edu/facultyresearch/research/TryingTimes/Hope.htm.
Rowe, P. Great Crisis Leaders:10 Key Characteristics. CRISIS MANAGER UNIVERSITY, visited on the 10th of February 2016, via http://www.bernsteincrisismanagement.com/newsletter/crisis-manager-081124.html
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Just like any being an organisation goes through different phases in its evolution. This Friday we are going to take a closer look at these stages: pioneering, differentiating, integrating and associating as Lievegoed / Glasl identify them. Using the evolutionary theory of these and other scientists as background, the changes a company goes through are explained.
Working in a start-up or being closely in contact with young, developing companies, we can observe changes everyday. But how do all these changes happen? With this presentation I hope to give you a tool to analyze the current life stadium of your organisation and to anticipate next phases.
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