Many companies aren’t ready for growth: They haven’t clearly articulated the specific strategies they need to compete and win in the market, channeled their resources to bolster their differentiating capabilities (the few things they do better than anyone else), or aligned their organization to execute their plans. Meanwhile, years of across-the-board cost cuts have enabled them to meet short-term profitability pressures—but only at the expense of long-term priorities. And they haven’t gained or sustained a competitive advantage. These organizations have become bloated bureaucracies that are really just doing one thing: preventing substantive change.
Image: http://www.freedigitalphotos.net
To read the original article: How to Prepare Your Company for Growth
