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Mergers, Acquisitions, and the Growth Trap
Today we’re going to continue our exploration of the growth trap. I define the growth trap as seeking business growth for the sake of business growth with little regard for operational or cultural implications.
However, like the budgeting process, c-suite magical thinking poses the biggest threat to value addition in M&A and can quickly turn what on the surface looks like a great idea and a big value-add into a transaction that ends up destroying corporate value.
Is Bigger Always Better? Exploring the Growth Trap
The question today is this. Is bigger always better? In zucchini, the answer is a resounding no. In business, the answer is a bit more nuanced, but bigger is certainly not always better.
As leaders, we routinely fall into what I like to call the growth trap. The growth trap shows up in various forms, but it can be a huge morale killer and represent significant risk to the business.
What’s Old is New Again
My advice is instead of looking down your nose and denigrating members of the generations that follow you, lend a hand. Use your gifts to mentor, lift up, and inspire those who are less experienced than you are.
Working with Intention
Working with Intention: Self-reflection and the use of the five whys requires an open mind and a strong ego in order to challenge potential unconscious bias and consider answers that may not be popular or fit neatly into existing narratives. Hence, it's seldom the case that meaningful results come solely from self-reflection exercises. To make more progress, we will need the help of our coaches and mentors.
My Political Perspectives
I do my best to keep The Saturday Morning Muse out of the political spectrum, but this week I will make an exception. As we march toward election day on November 5, 2024, it’s important that our voices are heard and that we exercise our rights to free speech. This episode is on the longer side of things and should be watched in its entirety. To do otherwise would mean that what I have to say has a high probability of being taken out of context and twisted for political gain.
Reducing Emotional Waste and Insecurity
The sources of insecurity abound. Jealousy, unresolved failure, challenging relationships, lack of skill/education, poor planning, bullying, institutionalized bias, and the absence of a sense of belonging are but a few. To punch the point regarding the fluid nature of insecurity, just spend a little time with the preceding list and explore how easy it is to find examples where these issues apply both at home and at the office.