Paul F. Nunes, Tim Breene [Archive.org URL]

When the business is successfully chugging along but has not yet peaked, executives feel that operations can be leaner—they’ve moved far down the learning curve by then—and meaner, since they are under pressure to boost margins. They will then reduce both headcount and investments in talent, and will increasingly focus on talent that can best execute the existing business model. This has the perverse effect of driving away the very people—the entrepreneurial risk takers and business builder types—best able to help them reinvent the business.

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