Free Ebook The Founder's Mentality: How to Overcome the Predictable Crises of Growth, by Chris Zook James Allen
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The Founder's Mentality: How to Overcome the Predictable Crises of Growth, by Chris Zook James Allen
Free Ebook The Founder's Mentality: How to Overcome the Predictable Crises of Growth, by Chris Zook James Allen
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Review
"a thoughtful and well-researched exploration of challenges faced by companies as they scale, with practical lessons for founders seeking long-term sustainable growth for their company." -- Inc. magazine"This is a very thoughtful and assured exploration of a key challenge that faces all organisations as they scale that will interest founders and those concerned about the long-term health of their organisations." -- Irish Times“While speed, innovation, big data, and disruption are the business buzzwords of the day, the best books of 2016 argue for a more considered and considerate, human-centered, inclusive, and deliberately constructive approach to business. Change is in the air and technology is on the rise, but business is still a human pursuit, and should be humane. In a media climate dominated by Twitterstorms and sound bites, it is important to dive deeper into the issues and inform ourselves more fully before taking action. These books help do that.” — Editorial Director Dylan Schleicher on the 800-CEO-READ 2016 Business Book of the Year Longlist, which includes THE FOUNDER’S MENTALITY“As a founder myself, I get it. I care about my company so much. I understand what it means to have a founder around. … I think your book is so interesting, so right on.” — J.J. Abrams, MSNBC’s “Your Business”"In a good book, I look for people who have made a ton of mistakes, so I can learn from them. One of the observations in The Founder’s Mentality [by Chris Zook and James Allen] is that founder-led companies in general perform better on the stock market." — Chieh Huang, cofounder and CEO of Boxed on what he reads at 30,000 feet, as seen in Forbes“Chris Zook and James Allen have done a fine job of putting this theory into words. Their book, The Founder’s Mentality is the product of a lot of research, and thousands of hours of experience by these two senior Bain partners.” — Management Today, UK“Fascinating and worth noting.” — Amanda Lang, Bloomberg GO“If your company isn’t soaring as anticipated, look inside not out. Chances are your problems aren’t due to market forces but rather issues such as a distancing from core principles, becoming deaf to your consumer’s voice and sometimes a founder not empowering his people. These are some of the insights gleaned from The Founder’s Mentality.” — USA Today“Summer is here, and everyone needs a business book or two to read. I’m recommending The Founder’s Mentality: How to Overcome the Predictable Crises of Growth by two very senior partners and strategy practice heads at Bain & Company—Chris Zook and James Allen. — Forbes.com“Excellent … Zook and Allen’s book focuses on how to manage the following dilemma: How can we manage growth without destroying what made us great? …The Founder’s Mentality causes us to appreciate the brilliance of an IKEA and to take practical steps to keep the Founder’s Mentality at the forefront of the way we define strategy, the way we hire front line people, and the way we design compensation systems.” — Psychology Today“Chris Zook and James Allen are known for their books on strategy … Their new book [The Founder’s Mentality] is a departure in the sense that they turn their attention, for the first time, from external strategy to internal, but it continues their now fifteen-year bent of focusing on companies’ roots in the process of helping them in periods of growth. … In that sense, Zook and Allen are staying true to their own core—their core research on how companies grow, which is immense and impressive, and their core purpose of helping leaders through that process. The other consistency across all their books is the great blend of research and storytelling.” — 800-CEO-READ (Editor’s Choice)“The founder mentality mixes passion with chutzpah for success…The result of this mentality is a bonus for shareholders. When Mr. Allen and Mr. Zook looked at shareholder returns in the S&P 500 over 15 years, they found firms with strong founder influence performed 3.1 times better.” — Financial Times“This is a very thoughtful and assured exploration of a key challenge that faces all organisations as they scale that will interest founders and those concerned about the long-term health of their organisations.” — The Irish Times“If you are a business in the early-growth stages or believe that having an “early-growth” mindset will be crucial to helping your business, then The Founder’s Mentality will provide the vision that you need to begin planning. The book ‘s authors conducted extensive research on companies in the U.S. and abroad and use that information to provide basic, down-to-Earth principles that can immediately shift your brain (and that of your employees) into a new way of thinking.” — Small Business Trends (smallbiztrends.com)“The duo Chris Zook and James Allen have delivered a bull's-eye. With The Founders Mentality they have written a book that is both practical and technically sound, six out of six stars…Buy this book.” — Borsen (Denmark)“…filled with examples of how large companies like Apple, Haier, Google, IKEA, and Nike have managed to stay in touch with their core values, even as they've grown massive.” — Inc.ADVANCE PRAISE for The Founder’s Mentality:Carlos Brito, CEO, Anheuser-Busch InBev—“The concept of the ‘founder’s mentality,’ and in particular our ‘ownership’ culture, has been central to our evolution and growth as a company. Remembering how we became successful in the first place has helped us act boldly and quickly with an insurgent mindset. This book offers great insights for business owners and leaders.”Michael Dell, founder and CEO, Dell Inc.—“As a founder I resonate strongly with the themes of The Founder’s Mentality, especially with regard to the overwhelming importance of speed, singular focus, and the ability to invest for the long term.”Adrian Gore, founder and CEO, Discovery Group—“Zook and Allen share invaluable insight as to how to preserve a company’s founding purpose, perspective, and energy, while preventing institutionalization from diluting it. Their work has been instrumental in the way my leadership team and I think about our culture, our structure, and our business model.”Linda Rottenberg, cofounder and CEO, Endeavor Global—“In this heavily researched and compelling book, Zook and Allen provide a road map for winning growth. Companies that build and maintain healthy cultures scale with speed and sidestep avoidable stall-out. Whether you are a start-up entrepreneur, an investor, or a Fortune 500 manager, you need The Founder’s Mentality!”Les Wexner, founder and CEO, L Brands—“As companies grow, scale and complexity can become a real threat to momentum. Zook and Allen’s The Founder’s Mentality offers useful insights to help leaders maintain agility in order to sustain their success.”
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About the Author
Chris Zook is a partner at Bain & Company and has been co-head of the firm’s Global Strategy practice for twenty years. He is based in Boston and Amsterdam and specializes in helping companies find new sources of profitable growth.James Allen is a partner in Bain’s London office. Co-head of the firm’s Global Strategy practice, he is founder of the Bain Founder’s Mentality 100, a global network of high-growth companies.Zook and Allen are the authors of five bestselling books on strategy, including Profit from the Core.
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Product details
Hardcover: 224 pages
Publisher: Harvard Business Review Press (June 7, 2016)
Language: English
ISBN-10: 1633691160
ISBN-13: 978-1633691162
Product Dimensions:
9.3 x 6 x 1 inches
Shipping Weight: 14.4 ounces (View shipping rates and policies)
Average Customer Review:
4.4 out of 5 stars
58 customer reviews
Amazon Best Sellers Rank:
#22,747 in Books (See Top 100 in Books)
Have read a dozens of business books. This book is very typical and high level. Recommend reading Dream Big the detailed story of 3G and AmBev founders.This is book by consultants who likely had a mandate from Harvard to publish something. Could have been written in 2 chapters and directed you towards more substantive case studies around the leaders and businesses mentioned.
This is a great book for business leaders -- managers, owners, directors, VP's -- or those aspiring to those positions. It moves away from the old idea of thinking about your business as if you were the CEO, and instead returns you to the "ground floor," of thinking about the things it takes to get to the point and staying there of "flourishing," of fighting off the challenges of the marketplace, and of finding once again the courage to look at your business as if you were starting from scratch. The "Founder's Mentality" is highlighted by four key components:1. Front-Line Obsession2. Strong focus on cost.3. A bias toward action.4. An aversion to bureaucracy.I highly encourage any business leader -- particularly if you're starting to feel that your organization has lost its sense of direction -- to read this book. It'll return you to the proper mindset, and help your business stay on target for greater things!
One of the key premises of "The Founder's Mentality" is that the agility that comes with a new company (with a Founder's vision, aversion to bureaucracy, and huge focus on the customer experience) equips it to challenge established players in the industry. The more a company can maintain this agility, the more a company can continue to adapt and compete in a changing business environment... this is effectively what the book offers: the same strategies you have heard before in a high-level overview. If you want depth, you will only find it elsewhere. For the business strategy 101 the book professes to offer, you would be better off reading anything by Michael Porter instead.
The “The Founder’s Mentality†can be a helpful resource for people at all levels within an organization—associates (particularly today’s Millennials) to CEOs—as it highlights the need for employees to comprehensively adopt an “owner’s mindsetâ€, including boldly sharing ideas, taking ownership of and pride in one’s responsibilities, and (perhaps most importantly) being accountable for one’s work. That way, all employees feel closely connected to their company, and the leaders can more nimbly pivot to keep the company competitive and focused.All concepts, trends, and examples are backed by 30 yrs of robust Bain & Company data. As such, you’ll find in The Founder’s Mentality that Zook and Allen not only sharply identify the problem areas of growth, but they also clearly delineate concrete strategies and actionable tactics leaders can apply to overcome Overload, Stall-out, and Free Fall. After all, leaders must be the “guardians of speed and agility†in order to combat these three diseases that almost always plague growing companies.“The Founder’s Mentality†is written clearly and concisely with illustrative, interesting case studies. My key takeaways from the book are to continue to actively listen, challenge myself to speak-up with ideas (even if they seem completely against the grain of the company), and never become too distanced from the front-line experience.
Relevant book for anyone looking at lifecycle of a business. How do you continue to grow a business? Have an insurgent mission, an obsession with the front line and think/act like an owner. I heard about this book at a recent conference. It has quickly become one of my favorite books for actionable ideas to grow my business
This is a great book. Every manager of a company can benefit from the insights that it supplies. Don't be turned off by the title if your founder was not a great leader or manager. It cover a wide range of topic from growth to decline of companies and what you need to do if your company is stalling or declining.
This is not a bad book but is not particularly good either. A lot of cases are covered. However, the originality aspect is lacking. I feel that the authors' previous books are superior.
This is a simple book about the importance of keeping a founder mentality in business. Easy to read but with lacking of deep discussions.
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