{"id":1768,"date":"2018-02-24T13:27:00","date_gmt":"2018-02-24T13:27:00","guid":{"rendered":"https:\/\/preprod.realtrends.com\/blog\/2018\/02\/24\/grow-or-die\/"},"modified":"2025-03-13T02:31:07","modified_gmt":"2025-03-13T02:31:07","slug":"grow-or-die","status":"publish","type":"post","link":"https:\/\/preprod.realtrends.com\/blog\/2018\/02\/24\/grow-or-die\/","title":{"rendered":"The Misuse of Grow or Die"},"content":{"rendered":"<p><strong><em>Real estate professionals in several resort locations have already closed transactions with buyers using bitcoin or other cryptocurrencies. Here\u2019s what you need to know. <\/em><\/strong><\/p>\n<p><!--more--><\/p>\n<p>We\u2019ve all heard leaders refer to the adage <em>grow or die<\/em> in their attempt to motivate employees. Most people don\u2019t dispute it and push harder to increase sales or revenue or customers. Well, I think it\u2019s time to dispute the wisdom of this axiom, or better yet, to clarify it.<\/p>\n<p>Good growth is about improvement and development. Sometimes that growth leads to increasing size and scale. Sometimes it doesn\u2019t. When leaders mistakenly insist that size and scale are necessary for growth, they often jeopardize the success of their organizations. And it happens all the time.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-29930 alignleft\" src=\"https:\/\/static.hsstatic.net\/BlogImporterAssetsUI\/ex\/missing-image.png\" alt=\"patrick lencioni\" width=\"319\" height=\"282\" data-originalsrc=\"wp-content\/uploads\/2018\/02\/pat1.png\"><\/p>\n<p>Now, there are some organizations that feel an understandable pressure to continue growing. These are public companies who must keep their stock prices high to fund their operations or fend off the threat of a hostile takeover. For the vast majority of other companies, the compulsion to grow is a result of groupthink and pride. It is not; however, a good predictor of long-term success.<\/p>\n<p>Boredom may be another driver of the misapplication of <em>grow or die.<\/em> When executives successfully lead their organization to a record year in revenue, they are faced with the prospect of what\u2019s next? The easy answer is \u201cmore of the same.\u201d While that may sometimes be the right answer; in many cases, it is not.<\/p>\n<p>Having a great year might actually be an opportunity to slow down and invest in infrastructure or product development or culture. While those options are not mutually exclusive to growth in size or scale, they are not necessarily correlated. The fact is, the best companies, like the best athletes and performers in other disciplines, often need to slow down after a big push, to recover and reflect and restore. Forcing themselves to keep pushing without a compelling reason other than pride or boredom is a recipe for burnout, employee disillusionment and cultural implosion.<\/p>\n<p><em>Patrick Lencioni is founder of <a href=\"https:\/\/www.tablegroup.com\/\">The Table Group<\/a> and author of <span style=\"color: #0000ff;\"><a href=\"https:\/\/www.tablegroup.com\/books\/\">11 books<\/a> on leadership<\/span> and organizational excellence.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate professionals in several resort locations have already closed transactions with buyers using bitcoin or other cryptocurrencies. 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