Mighty Midsized Companies
How Leaders Overcome 7 Silent Growth Killers
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- $19.99
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- $19.99
Publisher Description
Most midsized company leaders want their businesses to become mighty growth machines. Unfortunately, sometimes that growth slows, stops, or goes the other way, and their leaders don’t know why. Is it the market? Is it the product? Is it the leadership team? Is it something he or she has done wrong–an ill-conceived deal; an unrealistic strategy?
Because business consultants focus on big companies that can afford big consulting fees, and because the problems of the Fortune 500 are very different than those of midsized businesses, there have been very few books that provide relevant growth advice for midsized company leaders, or can point out where the growth-killing potholes hide.
But not anymore.
Robert Sher focuses exclusively on midsized companies. He has long been an advisor to CEOs and their teams at many midsized businesses. His new book Mighty Midsized Companies: How Leaders Overcome 7 Silent Growth Killers gives readers the inside story on many highly-successful midsized companies and describes the critical factors that have powered their success. Sher has spoken to (and advised) many of the leaders of these companies, and he understands what drives midsize company growth as well as the issues can creep up to kill it.
Sher’s book is devoted to the executives who run America’s 200,000 midsized companies as well as those 370,000 businesses with 20 or more employees who are on the verge of becoming midsized. It explains how CEOs and their management teams have overcome the growth killers and instituted mechanisms for avoiding them in the future.
For leaders of midsized companies, and for people who would like to turn their smaller businesses into bigger ones, Mighty Midsized Companies is a unique and essential read.
This version is enhanced with video.
PUBLISHERS WEEKLY
Consultant Sher, formerly the longtime CEO of a midsize company, worries about the state of the American midsize firms. As the founder of CEO to CEO, Inc., he works with business leaders to help medium-size companies grow and expand. This primer is aimed at the leaders of midsize companies, which make up a significant portion of the American economy; there are nearly 200,000 companies with revenues between $10 million and $1 billion, some privately or family-held, and some publicly funded. Problems specific to midsize companies are not always visible or widely discussed in M.B.A. courses or the media, he argues. These companies struggle with low tolerance for risk, few ways to develop talent, less strategic thinking, and less seasoned talent. The titular seven silent killers are letting time slip-slide away; strategy tinkering at the top; reckless attempts at growth; fumbled strategic acquisitions; operational meltdown; the liquidity crash; and tolerating dysfunctional leaders. Using numerous case studies and presenting thorough plans for overcoming each of the silent killers, Sher writes passionately about the ways in which leaders can become aware of these challenges and rally their management teams. This is a quiet but hard-hitting game plan.