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


Posted

in

, , ,

by

Comments

Leave a Reply

%d bloggers like this: