Join 21.8K other subscribers

Tag: Packard’s Law

  • Understanding “Packard’s Law”

    David Packard co-founder of Hewlett Packard:

    “No company can grow revenues consistently faster than its ability to get enough of the right people to implement that growth and still become a great company”.

    This implies that if the growth rate in revenues consistently outpaces the growth rate in people , we simply will not and indeed cannot build a great company.

    Adopted from Jim Collins’s book Good to Great