“The Monday MOVE Idea”
This Week: Chaos Doesn’t Scale
In the section of MOVE (V = Valor) I talk about the things that require real courage as a leader if you want to get your strategic initiative to stick. There are many.
Today, I want to talk about Scaling
The biggest challenge to scaling is being too busy. I often tell CEO’s:
You are too busy being a $200M company to be a $1B company. You can’t get there if you stay this busy being a $200M company.
One of the biggest tests of Valor is the willingness to say NO to things that are keeping your company too busy, so that you can focus on your winning product lines and build the necessary infrastructure to scale.
The companies that scale are the ones who choose to do fewer things
That might sound a little counter intuitive, but the companies who scale, are the ones who do less. It works because they can do those few things really well. By comparison, the companies who get stuck, often get stuck because they keep trying to do too many things.
You realistically can’t do *too many* things well.
The Valor to say NO
As a leader it’s vitally important to develop your confidence in this area. Study successful companies. Every chance you get, talk to CEO’s of companies who scaled and ask them, “Did you ever have a scary decision where you had to abandon some revenue streams or opportunities in order to focus on wining in fewer markets?”
They will always say yes. Because: Chaos doesn’t scale.
I’m really excited to share all the tools I put in my upcoming book MOVE to help you get your organization to execute your strategy or implement your key initiatives more decisively — Including ideas to build your own confidence and courage. Leadership requires Valor.
MOVE will be available in February, but you can download a free preview now.
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About Patty
Patty Azzarello is an executive, best-selling author, speaker and CEO/Business Advisor. She became the youngest general manager at HP at the age of 33, ran a billion dollar software business at 35 and became a CEO for the first time at 38 (all without turning into a self-centered, miserable jerk)
You can find Patty at www.AzzarelloGroup.com, follow her on twitter or facebook
