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Start growing!

Boost your life and career with the best book summaries.

Start growing!

Boost your life and career with the best book summaries.

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Smart Growth Summary

4 min read ⌚ 

Smart Growth SummaryBuilding an Enduring Business by Managing the Risks of Growth

Executives who believed in two possible choices “grow or die,” realized the existence of a secret option number three.

We summarize these three picks and more.

Who Should Read “Smart Growth”? And Why?

According to Hess, many companies continue to conduct a blind worship routine to reach a new stage of growth, while neglecting and manipulating with the earnings in an irresponsible manner.

Managing expectations is somehow becoming a very tricky business, prone to maneuver and deception.

This book is highly recommended for all people willing to learn the secrets of growth on a personal and professional level.

Furthermore, for those keen to get familiar with the reasons causing failure and major setbacks, “Smart Growth” comes as a blessing.

About Edward D. Hess

Edward D. HessEdward D. Hess was born on October 28th, 1947 in Atlanta, US.

He is a renowned professor at the Darden School at the University of Virginia and an author of several books. His writings appeared in more than 100 media outlets worldwide.

“Smart Growth Summary”

“Mental models” are concepts which clarify how individuals work as separate units or in groups; perceive the world floating around them. Occasionally, firms tend to get too optimistic, which is also not advisable.

Your organization needs to be realistic in order to overcome the unstable economy and state regulations. Remaining profitable, and use those retained profits to invest in further production – is what all firms should advocate for.

Processes linked to financing, are often too complicated for adopting an inflexible and rigid attitude. Now and then, information is processed without an eagerness causing disorder and inefficiency.

Marketing is also in one way or another associated with these mental models that shape the companies and corporations. All of a sudden, the marketplace stagnates, and your firm must react – what would be your first reaction?

Take a moment before you answer that question. Recognize the value of fluctuating economy, it’s the only way for the society to progress, but not everyone is happy with that. Suffocating the technological progress has become a societal phenomenon since the 19th century.

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