Looking at the different types of growth and how they impact the success of your company
My nine-year old son is very tall for his age. As a matter of fact, he is now taller than most of the kids in his elementary school, despite only being in third grade. When playing with their peers, people see him as a the leader, which is fine.
However, when playing with older children that would be his size, his lack of maturity is easily apparent, which, at times, has made him uncomfortable. Because of his size, people expect more of him, but he simply hasn’t developed mentally to match his size, yet.
Often when we talk about businesses and business growth, we look one dimensionally – how much revenue the company is bringing in and/or how many employees we have and/or how many locations we serve. However, like a child, business growth cannot be looked at simply in terms of sales; there are developmental components that have to be taken into consideration. [···]