When growth becomes too much of a good thing

10/16/2009 | Harvard Business Review online

The boardroom imperative to create growth needs to be balanced by a desire to expand in a responsible manner, Ron Ashkenas argues. While Wall Street is focused on bigger and bigger gains, companies should be worried they'll grow too quickly and expand in too many directions, ultimately creating a moribund giant that's too complex to manage effectively, Ashkenas writes. Companies should continually retire old products and eliminate old processes to create sustainable growth, he writes.

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