If you want to stay competitive in an increasingly competitive market, McKinsey found that “growth trumps all.” According to its research:
- Growth yields greater returns.
- Growth predicts long-term success.
- Growth matters more than margin or cost structure.
This means it needs to be a focus as you expand your team. To allow for continual growth companywide, you need to hire leadership candidates who have a growth mind-set, allowing them to motivate their team to act, take risks, and evolve with the company.