The Key to Consistent Growth Is Having the Right Incentives

03/04/2024 15 min Episodio 52
The Key to Consistent Growth Is Having the Right Incentives

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Episode Synopsis

Is your growth strategy working consistently? Strategy expert Ken Favaro says creating and sustaining growth isn’t rocket science. However, you do have to understand the difference between “organic” growth and “inorganic” alternatives, which come through a merger or acquisition. In this episode, Favaro argues that it’s important to focus on creating incentives for organic growth within your organization. He also explains why you should avoid typecasting your business units as “cash cows” or “growth engines” if you want them to achieve ongoing growth.