When Growth Stalls
hbr.org · 152 words · saved by 1 readers
Successful companies lose momentum for four main reasons. All are within management’s control if spotted in time.
Harvard Business Review Logo Roc Canals/Getty Images Reprint: R0803C An abrupt and lasting drop in revenue growth is a crisis that can strike even the most exemplary organization. The authors’ comprehensive Senior management at Levi Strauss & Company could be forgiven for not seeing it coming. The year was 1996. The company had just achieved a personal best, with sales cresting $7 billion for the first time in its history. This performance extended a run of growth in which overall revenue had more than doubled within a decade. Since taking the company private in 1985, management had…
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