“Growth is the oxygen of business.” — Michael Treacy
As promised in yesterday’s post, here is the recap of one of my summer reads. Michael Treacy, best-selling author of the Discipline of Market Leaders, has written a practical follow-up book based on eight years of research of fast-growing companies. He has identified the critical disciplines these companies all share and offers tips on how you can apply these to your (or your client’s) business.
Treacy’s top five disciplines to achieve double-digit growth are:
He advises you to work on all five of these separate and distinct disciplines and pull them together with a portfolio approach. I totally agree with this approach. We have used this in our own business at the MACPA. A great tool for this is the Investment Portfolio cart and leader guide from Grove Consultants, our strategic planning partner.
Why am I writing about business strategy on this blog? Three reasons:
Related courses from our Business Learning Institute you can run in your own company or firm: