Career Management Tips – Smart Lemming – Career Management Guide

Paul Michelman, Harvard Business Publishing talks with Rita McGrath, coauthor of Discovery-Driven Growth: A Breakthrough Process to Reduce Risk and Seize Opportunity. In this podcast, McGrath discusses each of the four steps to help executives manage their company’s growth effort:

1. Take advantage of organization processes – create structures that support emerging business opportunities or new ventures
2. Manage the growth agenda – growth or new business development will priority number one, two or three on a company’s agenda
3. Manage high tolerance of experimentation or disappointments -  manage to cost of failure, not the rate of failure
4. Develop appropriate measure and rewards systems -measure like progress towards a goal or willingness to stop

Recommended Reading List

• Discovery-Driven Growth: A Breakthrough Process to Reduce Risk and Seize Opportunityby Rita McGrath and Ian C. Macmillan
• MarketBusters: 40 Strategic Moves That Drive Exceptional Business Growthby Rita Gunther McGrath and Ian C. Macmillan
• Think Again: Why Good Leaders Make Bad Decisions and How to Keep it From Happening to YouSydney Finkelstein, Jo Whitehead, Andrew Campbell
• Strategic Innovation: New Game Strategies for Competitive Advantageby Allan Afuah
• Rita Mcgrath’s blog
• Official Discovery-Driven Growth website with free resources, blog, and excerpts

See larger image Discovery-Driven Growth: A Breakthrough Process to Reduce Risk and Seize Opportunity (Hardcover) By (author) Rita Gunther McGrath, Ian C. Macmillan List Price: $27.95 USD New From: $15.58 In Stock Used from: $2.12 In Stock Release date March 16, 2009.

See larger image Marketbusters: 40 Strategic Moves That Drive Exceptional Business Growth (Hardcover) By (author) Rita Gunther McGrath, Ian C. Macmillan List Price: $35.00 USD New From: $4.09 In Stock Used from: $0.10 In Stock

See larger image Think Again: Why Good Leaders Make Bad Decisions and How to Keep it From Happening to You (Hardcover) By (author) Sydney Finkelstein, Jo Whitehead, Andrew Campbell List Price: $27.95 USD New From: $10.84 In Stock Used from: $7.58 In Stock

See larger image Strategic Innovation: New Game Strategies for Competitive Advantage (Paperback) By (author) Allan Afuah List Price: $75.95 USD New From: $44.09 In Stock Used from: $20.00 In Stock

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