"It's not a healthy state not to grow - from the investment, employee, or strategic standpoint."
Growth in business is a vast area that can be explored from numerous ways of looking at it. With Grove, he was talking here about the concept in general.
To me, growth comes from enlargement. By enlargement I mean growth within ourselves and our people. Enlargement deals with willingness to increase beyond where we're at today, while making sure we accomplish the tasks before us in the present.
Various strategies and investment mean nothing if we haven't been enlarged within to go forward. If we aren't eventually enlarged within, we'll end up sabotaging our purpose, even if we aren't aware that we're doing it.
Grove is saying that a business can't remain healthy and productive if there isn't growth. Growth of course goes far beyond financials, although it definitely includes it.
Growth can relate to improved customer service, figuring out ways to sell more to existing customers and increasing our existing client base.
A business grows stagnent that has no growth, and eventually will die. One of the jobs of business management is to look and listen for ways to grow all aspects of the business. If we do that, much of the growth of the bottom line will take care of itself as we search to become excellent in everything that includes and is touched by our businesses.
Other Andy Grove Resources:
Andy Grove's Rational Exuberance
The Digital Age . . . driven by the passion of Intel's Andrew Grove
The History and Influence of Andy Grove
Andy Grove enters new post-Intel role as activist capitalist
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