Profitability or growth? Results today or tomorrow? More synergy or better stand-alone performance? Ask managers which they want and most will tell you both. But they will also tell you that more progress on one front usually comes with less progress on the other. It's like squeezing a balloon in one place only to find that it expands elsewhere.
"Worthwhile...a must for all managers!"
This month's issue includes three complete articles. From Forethought, Larry Winget offers managers some blunt advice in "Shut Up and Stop Whining". Then, in "Managing the Right Tension", Dominic Dodd and Ken Favaro offer some tips about how to make the most out of competing forces. In the third article, Sylvia Ann Hewlett and Carolyn Buck Luce look at the new breed of workaholics in "Extreme Jobs: The Dangerous Allure of the 70-Hour Workweek".
CEOs who give up on organic growth are making a big mistake.
Ken Favaro and Tim Romberger, partners at the global consulting firm, Marakon, and David Meer, chief analytics officer at Enfatico, offer tips on how to win the loyalty of more customers, increase productivity, and strengthen market position.
The authors describe how companies can select the right tension, what traps they may fall into when they focus on one side over the other, and how to escape these traps by managing to the bonds between objectives.