Embed a Growth Engine within Your Corporate Culture(1 / 2)

EmbedaGrowthEnginewithinYourCorporateCulture

Whenorganizationsmakegrowththemainpriority,itbecomesthetopicofallformalandinformalconversations.Peoplethenstartacceptingpersonalresponsibilitytogenerategrowth,ratherthanleavingittosomeoneelse.Thisishelpful.

Establishinga“SocialEngine”

Inpractice,mostnewideascomeaboutwhenpeoplewithintheorganizationexchangeinformationwitheachother.Themoreoftenthishappens,themoreideasgetgenerated,andthebetterthechancesanideathatwillgeneratesubstantialrevenuegrowthwillemerge.Thisistheconceptofcreatinga“socialengine”—thatis,puttinginplaceastructurethatallowsinformationtoflowthroughouttheorganization.

■Thecharactersofgoodinformation

·Unfiltered—byintermediaries

·Timely—passedonassoonaspossible

·Senttoeveryonesimultaneously—notsequentially

·Conciseandtothepoint—soastoavoiddistortion

■Thestepsinvolvedinbuildingasocialengine

·Theseniormanagementteam—needtoacknowledgethatthecurrentwaysoftryingtogrowaren'tworkingverywell.Themanagementteamneedstocollectivelybelievethatstronggrowthisdesirableandnecessary.Theteamthenneedstotalktothepeopleandextolthevirtuesofgrowthasbeingrealistic.