The debate about whether strategy or structure should come first is not a new one. And yet, I would say that the discussion is not material. The majority of companies I've observed experience a disconnect between their key strategy and structure… and completely miss the magnitude of how company and industry lifecycles factor into their potential for survival and long-term success.
Posts tagged ‘company lifecycle’
For founders, the ability to say 'no' is a critical success factor. The most successful entrepreneurs demonstrate focus and discipline. Founders that pursue too many opportunities dilute their ability to execute and set the company up for failure. 'Shiny object syndrome' also indicates that a leader has not developed a framework that enables management to objectively weigh the merit of opportunities that might truly make the business great.