Top impediments to growth per Bain & Co who asked 377 executives:
- 45% insufficient resources (people, funds, tools and time)
- Inability to focus (too many distractions, indecisiveness)
- Culture (risk aversion, bureaucracy, no bias for action)
- Organizational complexity
- Weak business plans (unclear vision, competing priorities)
- Missing capabilities (gaps in staffing, poor organization)
These sound easy to remedy from the outside. It is when you are on the inside that they become more complex.