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Leadership

The Surf is Up Before the Tsunami

SUrferThere is an old Beach Boys song with this lyric. It made me think of a phenomenon I have seen from time to time in business. After almost 20 years in commercial banking I saw a lot of highs and lows with my business customers. Companies on a good, perhaps even great, growth track are sometimes headed for a big storm. I am not talking about the tide shift when the economic conditions go bad. No, I am talking about having the success of the company outpace the change within.

When the company’s leadership fails to recognize and act upon the things that need to change to sustain growth and prosperity, the company may ultimately fail. I’ve named this condition “The Paradox of Success”.