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Fewer, Bigger, Bolder: From Mindless Expansion to Focused Growth

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“When it comes to growing revenues, not all dollars are equal.”

In company after company that Sanjay Khosla and Mohanbir Sawhney worked for or researched, they saw businesses taking on more products, more markets, more people, more acquisitions—adding more of everything except what really mattered: sustainable and profitable growth.

And in many of these companies — large or small, from America to Europe to Asia — every quarter became a mad dash to find yet another short-term revenue boost. T...