Inside the engine room: Debunking the myths of scaling a new business

Demystifying the narrative around five fundamental elements will help start-ups and scale-ups grow efficiently and continuously.

When starting a company, founders should consider what organizational setup and talent are required to develop, produce, deliver, maintain, and enhance their product offering. Further, they should decide the best way to recruit, manage, and build capabilities and how to foster company culture. The engine room contains the elements that emerge from the decisions in these early stages and hosts the essential behaviors, practices, and skills a company needs to navigate and sustain successful growth.

For example, the right talent and leadership and a governance structure that allows for repeatable processes, core values, and clear benchmarks along the growth journey are all important components that fuel growth and would therefore be hosted within the engine room. These elements help companies reach their aspirations and scale intentionally and sustainably. Without them, a start-up risks stalling out and failing to achieve its full potential. https://mck.co/46qYeif

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Inside the engine room: Debunking the myths of scaling a new business

Demystifying the narrative around five fundamental elements will help start-ups and scale-ups grow efficiently and continuously.