A new report from Bain & Company, Barriers and Pathways to Sustainable Growth: Harnessing the Power of the Founder’s Mentality, finds that 85 percent of the barriers to profitable growth for the average company are internal and manageable – not external and uncontrollable, such as unfairly advantaged competitors, government regulations, inaccessible technologies and market conditions that do not offer growth opportunities.
For the largest companies, this number rises to 94 percent. Inability to overcome these internal factors will cause two out of every three companies to stall out, be acquired or disappear within the next 15 years.
These are the results of a five-year study across 8,000 global companies and discussions with executives in 40 countries about the key barriers that companies face today in the pursuit of sustained and profitable growth.
The research was led by Chris Zook and James Allen, who are the co-founders of Bain’s Strategy Practice and authors of several bestselling books, including their most recent, The Founder’s Mentality (Harvard Business Press, June 2016).
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