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Wednesday, May 04, 2005

Managing the Paradox – Balancing the Equation

As I finish my latest book on fast growth startups and how to play owner/operator/head bottle washer, this description captured my imagination. Regardless of the company’s size, being a CEO is about managing inherent contradictions. If that is not understood and managed by finding the balance, success is just not possible.

Optimum Sustainable Growth = Market Intelligence + Strategic Focus + Human Capital + Innovation & Delivery Processes

Paradox #1: Optimum Sustainable Growth

  • Doubling your industries average for sales
  • while maintaining margins and preserving scarce resources


Paradox #2: Market Intelligence

  • Knowing your markets so well that you can anticipate opportunities
  • while avoiding paralysis of analysis

Paradox #3: Strategic Focus

  • Having clarity that aligns and drives performance
  • while being flexible to an ever changing market

Paradox #4: Human Capital

  • Attracting, Developing, Retaining your industries best talent
  • while managing labor costs

Paradox #5: Innovation & Delivery Processes

  • Institutionalizing best practices to spread excellence and shrink ignorance
  • while not losing the freedom to create and innovate

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