Growth = People + Processes + Cash
Growth, sustainable growth that is, is dependent upon have good people, good processes, and enough cash.
It’s not an either/or proposition for any of them. You really need all three for steady, sustainable growth.
Good people are frustrated with poor processes. Good people create good processes. Keeping good people means putting good processes in place. And letting good people tinker with them to improve them.
Good processes allow you to attract better people.
Good people combined with good processes create competitive advantage.
Good strategy can’t stand alone for very long without good people and good processes.
None of the above works without cash. Run out of cas,h and the good people and good processes end.
Want to learn more about the connection between people, cash and growth? Join us for the EPIcenter Growth Symposium on January 20th. Details and registration are here.