{"id":53419,"date":"2017-12-06t05:02:35","date_gmt":"2017-12-06t10:02:35","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=53419"},"modified":"2017-12-06t08:29:31","modified_gmt":"2017-12-06t13:29:31","slug":"growth-difference-disruptor-disrupted","status":"publish","type":"post","link":"\/\/www.g005e.com\/2017\/12\/06\/growth-difference-disruptor-disrupted\/","title":{"rendered":"growth: the difference between the disruptor and the disrupted?"},"content":{"rendered":"

\"growing<\/a>the 5 key ingredients.<\/strong><\/p>\n

by domenick j. esposito<\/i>
\n
8 steps to great<\/i><\/a><\/p>\n

i was recently asked, \u201cwhy is growth important?\u201d<\/p>\n

more on strategic planning: <\/b>6 rocks in the path to growth<\/a> | m&a candidates: valuations and vetting<\/a> | ai likely to accelerate merger mania<\/a> | get your money\u2019s worth from non-billable time<\/a> | stay independent but keep looking upward<\/a> | ineffective partners and how to address them<\/a>
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log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n

my short answer was that it comes down to perspective \u2013 do you want your firm to be relevant and be a disruptor or do you want your firm to be irrelevant and be disrupted because, without growth, your firm will certainly be the latter.
\n
\nlet me explain by sharing my personal experience.<\/p>\n

\u201call businesses need to be young forever. if your customer base ages with you, you\u2019re woolworths.\u201d \u2013 jeff bezos<\/p><\/blockquote>\n

during my 47 years in the accounting profession, i was with two firms, cohnreznick and grant thornton, that, as i reflect on them, were clearly disruptors in the day.<\/p>\n

in 2002 (when i joined j.h. cohn), the firm had three offices. revenues were $52 million and the firm was ranked #43 nationally. we were stuck in the middle like an oscar mayer sandwich as we were considered a small firm that lacked market permission to handle sophisticated clients. when clients wanted to raise capital, the investment banking community would say, \u201cwho is j.h. cohn?\u201d<\/p>\n

the firm\u2019s leadership had a number of big thinkers who weren\u2019t afraid to take calculated risks (not ranch bets) and wanted to be a marketplace disruptor:<\/p>\n