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Economy Chosun

As companies grow, complexity drags them down; The 'founder's mentality' is key to overcoming crisis

As companies grow, complexity drags them down; The 'founder's mentality' is key to overcoming crisis

  • 18. Juli 2016
  • Min. Lesezeit

Economy Chosun

As companies grow, complexity drags them down; The 'founder's mentality' is key to overcoming crisis

"As companies grow, they become larger organizations. Complexity increases. And this complexity stifles their growth," said Chris Zook, the former co-head of Bain & Company's Global Strategy practice and author of The Founder's Mentality, in his email interview with Economy Chosun. "This is called the 'paradox of growth.' You have managed to grow and achieve economies of scale, but the scale becomes a killer of future growth. The 'founder's mentality' is needed to overcome such a crisis."

(Full article only available in Korean)