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Battling with Business

Episode 100 - Organisational Maturity, Business Growth Challenges, and Navigating Change

12 Dec 2024

Description

In this compelling episode of Battling with Business, Chris and Gareth delve into the critical topic of organisational maturity and the challenges of business growth and change. They explore the lifecycle of organisations, from agile start-ups to established incumbents, offering insights into how companies can adapt, innovate, and thrive at each stage of development. Drawing on frameworks like the Greiner Growth Model, Chris and Gareth unpack the unique challenges organisations face as they scale. From the unpredictability of the start-up phase where risk, uncertainty, and luck reign supreme to the structured demands of mature businesses, they highlight the leadership, cultural, and operational shifts required at each stage. The conversation also introduces the concept of "dual operating models" a strategy to foster genuine innovation while maintaining operational stability. Chris cautions against superficial "innovation theatre," like trendy office décor, which fails to drive meaningful change. Instead, he advocates for creating environments that naturally foster creativity and adaptability. Listeners will gain insights into the importance of balancing growth with process development, maintaining a competitive advantage, and diversifying business strategies. Chris and Gareth also discuss the parallels between military and business leadership, particularly in managing complexity and leading teams through periods of transformation. Whether you're a founder, executive, or leader in a growing company, this episode offers practical advice on navigating change, managing organisational growth, and sustaining innovation in a fast-evolving world. Tune in to understand where your organisation sits on the business maturity curve and how to prepare for the next stage.  

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