Slow and Steady Doesn’t Always Win the Race
When it comes to running a business, columnist Matt Kirchner makes a case for rapid growth.
“Slow and steady wins the race” seems to be conventional wisdom in a lot of situations. But in this month’s About Your Business column, Matt Kirchner makes a case for a different way of doing things: “The faster you go, the more balance you get.”
Mr. Kirchner first became familiar with this lesson when learning to ride a bike. It turned out to be the beginning of his lifelong passion for cycling and a strategy he used when starting his own businesses.
In the column, Mr. Kirchner argues that rapid business growth has many benefits. It gives a company momentum, so that the effects of mistakes are not felt as strongly. It can also help prevent people from dwelling on mistakes, keep teams engaged and make customers more enthusiastic. Read the column here.
Related Content
-
Strengthening Manufacturing Workplaces Through Active Listening
A good strategy to weather the storms of manufacturing market upheavals and unpredictable factors is to commit to continuous, active employee listening.
-
Emerging Leader's Problem-Solving Skills Cool Down a Hot Project
This 2023 Emerging Leader developed a product in response to a call for help from Yamaha that was a huge hit in the snowmobile industry when it hit the market in 2010. In fact, it is now a common product that most snowmobile OEMs have implemented.
-
Recognizing Signs of a Degrading Workplace Culture
Is your machine shop missing key “culture elements?” Here are ways to identify if your organization is heading in the right or wrong direction in terms of establishing a healthy company culture.
