What innovative ways do you implement to move your business from startup to scale-up? EO Founder Verne Harnish identifies some of the challenges in scaling up and how company culture plays a significant role in the process.
“Culture allows you to do the main thing. You have to transition from startup to scale-up.” – Verne Harnish
Scaling Companies Worldwide
Verne is the Founder of Entrepreneurs’ Organization (EO) and the bestselling author of Scaling Up. They have 12,000 members worldwide and 210 partners in 6 continents. He has spent decades in helping companies grow.
The Role of Culture in Progress
Verne refers to Jim Collins’ definition of culture. It is both inclusive and exclusive, allowing members to share a strong sense of belongingness.
“When you come to a strong culture, it really is cult-like.” – Verne Harnish
Culture also acts as the immune system for a company. It protects the company from invaders. These invaders may come in the form of partnerships, team, and customers that are not aligned with the company’s ideals.
The Value of Saying No
Culture also allows companies to do what they are supposed to be doing. That is to grow from a startup. In the process, it includes saying no to people — including friends who want to work for the company.
“It’s pretty useful to be a pleaser if you are going to begin a business. But, what got you here won’t get you there.” – Verne Harnish
It is important for companies to find people who love what makes them unique. “Find the 7 percent who absolutely love your weirdness,” as someone once said. Successful companies with similar stories include IKEA and Apple.
Download and listen to From Startup to Scale-up to learn more. Remember to let Verne know you heard about him on Culture Eats Strategy with Jaime Jay!
Connect through the links below:
Website – ScalingUp
Twitter @thegrowthguy
Book – ScalingUp
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