genioux Fact post by Fernando Machuca and Bing Chatbot (Copilot)
Introduction
The Harvard Business Review article "Create a System to Grow Consistently" provides a comprehensive guide on how to achieve consistent growth in a company. It emphasizes the importance of investing in a growth system, an integrated collection of capabilities and assets that drives both short-term and long-term growth.
genioux GK Nugget
"Investing in a growth system, an integrated collection of capabilities and assets, is key to achieving consistent growth in a company." — Fernando Machuca and Bing Chatbot (Copilot)
genioux Foundational Fact
The article discusses the challenges of achieving consistent growth in a company. While a brilliant idea or product innovation can lead to a burst of episodic growth, few companies manage to demonstrate growth year in and year out, especially amid the disruptions and uncertain economy of the 2020s. Research from PwC reveals that the highest-performing organizations invest in a growth system, an integrated collection of capabilities and assets that drives both short-term and long-term growth. This growth system allows some companies to sustain consistent growth and predict where next quarter’s revenue will come from.
10 genioux Facts
1. Consistent growth in a company is challenging to achieve.
2. A brilliant idea or product innovation can lead to a burst of episodic growth.
3. Few companies manage to demonstrate growth year in and year out.
4. The disruptions and uncertain economy of the 2020s pose additional challenges to consistent growth.
5. The highest-performing organizations invest in a growth system.
6. A growth system is an integrated collection of capabilities and assets.
7. A growth system drives both short-term and long-term growth.
8. Investing in a growth system allows some companies to sustain consistent growth.
9. A growth system enables companies to predict where next quarter’s revenue will come from.
10. The article provides a framework for building a growth system and offers case examples highlighting companies like Toast, IKEA, Vertex, Adobe, and Roblox.
Conclusion
The article "Create a System to Grow Consistently" offers valuable insights into achieving consistent growth in a company. It underscores the importance of investing in a growth system, an integrated collection of capabilities and assets that drives both short-term and long-term growth. This approach enables companies to sustain growth and predict future revenues, even in an uncertain economy.
REFERENCE
The g-f GK Article
Paul Blase and Paul Leinwand, Create a System to Grow Consistently, Harvard Business Review, From the Magazine (March–April 2024).
Paul Blase
Paul Blase is a principal at PwC U.S. and leads the firm's growth platform¹. He has deep project experience in helping senior executives design innovative growth and market entry strategies, improve operating profits through creating more productive business and operating models, enhance customer experience, and design and manage multi-year transformation programs to deliver results². He has worked across various industries such as financial services, insurance, retail, travel, and hi-tech². Paul's research and points-of-view have been covered by The Wall Street Journal, Financial Times, and Bloomberg². He holds a Master of Business Administration degree from MIT's Sloan School of Management and a Bachelor of Arts degree in mathematics and economics from Northwestern University². Additionally, Paul is fluent in Mandarin Chinese².
Source: Conversation with Bing, 3/2/2024
(1) Create a System to Grow Consistently - Harvard Business Review. https://hbr.org/2024/03/create-a-system-to-grow-consistently.
(2) Paul Blase - PwC. https://www.pwc.com/us/en/contacts/p/paul-blase.html.
(3) Paul Blase - Crunchbase Person Profile. https://www.crunchbase.com/person/paul-blase.
(4) Paul Blase - PwC. https://www.pwc.com/gx/en/contacts/p/paul-blase-1.html.
Paul Leinwand
Paul Leinwand is a principal at PwC U.S., a global managing director at Strategy&, and an adjunct professor at Northwestern’s Kellogg School¹. He is a thought leader on strategy, growth, and capability building for Strategy&, PwC's strategy consulting group⁴. Paul advises boards and management teams on the topics of strategy, growth, and capability building, with a focus on consumer products and healthcare¹³. He has co-authored a book titled "Beyond Digital" that discusses how to successfully transform businesses¹. His work involves helping companies define their place in the world in terms of the unique value they create for customers and society, and then defining the system of distinct capabilities that allows them to create that value in ways that others cannot¹.
Source: Conversation with Bing, 3/2/2024
(1) New book, Beyond Digital, shows the way to successful business ... - PwC. https://www.pwc.com/gx/en/news-room/press-releases/2021/pwc-beyond-digital-book.html.
(2) Paul Leinwand - PwC. https://www.strategyand.pwc.com/gx/en/unique-solutions/capabilities-driven-strategy/speakers-corner/paul-leinwand.html.
(3) Beyond Digital: How Great Leaders Transform Their Organizations and .... https://www.changemanagementreview.com/beyond-digital-how-great-leaders-transform-their-organizations-and-shape-the-future-with-paul-leinwand/.
(4) Create a System to Grow Consistently - Harvard Business Review. https://hbr.org/2024/03/create-a-system-to-grow-consistently.
Copilot's Summary:
The Harvard Business Review article "Create a System to Grow Consistently" discusses the challenges of achieving consistent growth in a company. The authors argue that while a brilliant idea or product innovation can lead to a burst of episodic growth, few companies manage to demonstrate growth year in and year out, especially amid the disruptions and uncertain economy of the 2020s¹.
Research from PwC reveals that the highest-performing organizations invest in a growth system, an integrated collection of capabilities and assets that drives both short-term and long-term growth¹. This growth system allows some companies to sustain consistent growth and predict where next quarter’s revenue will come from¹.
The authors provide a framework for building a growth system and offer case examples highlighting companies like Toast, IKEA, Vertex, Adobe, and Roblox¹. These examples illustrate how investing in a growth system can lead to sustained growth, even in an uncertain economy¹.
Source: Conversation with Bing, 3/2/2024
(1) Create a System to Grow Consistently - Harvard Business Review. https://hbr.org/2024/03/create-a-system-to-grow-consistently.
(2) How to Succeed in an Era of Volatility - Harvard Business Review. https://hbr.org/2024/03/how-to-succeed-in-an-era-of-volatility.
(3) Create a System to Grow Consistently - store.hbr.org. https://store.hbr.org/product/create-a-system-to-grow-consistently/S24022.
(4) Create a System to Grow Consistently | Harvard Business Publishing .... https://hbsp.harvard.edu/product/S24022-PDF-ENG.
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