The Chemistry of Growth: A CEO's Guide

We were frustrated, distrustful of each other, and frankly, scared. It was the 1970s, and my company had gone deeply into debt with a New England bank to double our capacity, not noticing the onset of a recession that had temporarily flattened our growth. At the time my company had a corporate strategy best described as "just work harder." From the financials and the morale, however, it was clear this "strategy" wasn't working. The bank, worried by our worsening financials, pushed us into "...