When inequality gets too extreme, then it becomes useless for growth, and it can even become bad because it tends to lead to high perpetuation of inequality over time and low mobility.
There is at least one point in the history of any company when you have to change dramatically to rise to the next level of performance. Miss that moment - and you start to decline.
It's possible to become so comfortable with one's style and structure that one ceases to grow.
the much-sought prize of eternal youth Is just arrested growth.
There are many countries in the world that when they reached the middle-income stage, they witnessed serious structural problems such as growth stagnation, a widening wealth gap and increasing social unrest.
Whatever the country, whatever the culture, whatever the time, when you become a big enough organization, you start to collapse and slow down.
The time to realize that you need to transition out of your job is when you know that you've grown out of the role that you were doing before.
To prop up the stock price, managers have to turn down the screws on everybody. That forces them to cancel all the projects that would lead to future growth in order to drop money to the bottom line. This is HP's dilemma today. Once a company's growth has stopped, the game as we have known it is over. It's a scary thing.
This generation has given up on growth. They're just hoping for survival.
We called [my son] Gary "Little Herschel" when he was in middle school - but then he didn't grow any taller. He ended up playing golf and being a really nice golfer.
There are times when you are growing through experiences, but sometimes there is a point of diminishing returns in terms of growth.
