4.4 • 1.9K Ratings
🗓️ 9 June 2016
⏱️ 18 minutes
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0:00.0 | The Closer Podcast brings you the inside story of deals changing the world, told by the people who know how it all went down. |
0:09.0 | Understand the human motivations behind groundbreaking business decisions with host Amy Keene. |
0:14.6 | Listen to The Closer, Cast from Harvard Business Review. I'm Sarah Green Carmichael. I'm talking today |
0:35.0 | with Chris Dook, a partner at the evening company and a regular contributor to |
0:38.4 | HBR. His latest book is The Founders Mentality, How to Overcome the Predictable Crisis of Growth, written with is the founder's mentality how to overcome the predictable crises of growth |
0:44.2 | written with co-author James Allen. Chris thank you so much for talking with us today. |
0:48.0 | My pleasure. So the way I understand it, the central premise of this book is that we too often look to external |
0:55.3 | factors when we're trying to grow our companies and what we need to do more is not forget those |
1:00.5 | internal factors that make such a difference. |
1:03.4 | Have I sort of gotten the right end of the stick on that and if so, how did you come to those |
1:07.4 | conclusions? |
1:08.4 | Sure, well the book was really borne by the collision of two striking statistics that in a sense almost |
1:16.4 | feel paradoxical one is that right now only about barely one in ten companies in the |
1:22.1 | world achieve even a modest level of sustained and profitable |
1:26.0 | growth over the course of a decade on average even though every single company |
1:31.5 | aspires to do that. It's quite remarkable really that 90% of companies |
1:36.4 | fall short of their long-term growth objective. |
1:40.2 | And the second statistic came from a number of fairly large studies we did, each of them about 400 executives around the world, |
1:49.0 | where we probed the barriers that they perceive to achieving their growth objectives now. |
1:56.4 | And we found something that we actually haven't seen in 15 years of doing research on growth. |
2:02.4 | We haven't seen it to this degree, which is that 85% of |
2:06.6 | executives said that their major barrier to achieving growth was not the absence of |
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