主题：【原创】笨蛋，我们要听重点：我的失败经历 -- wqnsihs

China's nominal economic growth is 8% (highly dubious), and the consumer spending grew at around 12%.

Your boss set totally unreasonable revenue growth target at 50%--which means the organic growth can only satisfy 12% of the 50%. The 38% gap must be satisfied through merger and acquisition.

But the current family-owned firm has very very weak mid-level management: purchase, finance, accounting, store managers, human resources...

It is like a man without a solid backbone and then you ask him to run at a break-neck speed.

Your mistake: you should not accept that target at the beginning given the extremely poor infrastructure (esp., the mid-management). You should have a team with you so that you can take over the whole operation.

Parachuted CEO without a core team always die quickly. Look at Jamie Dimon of JPMorgan. Whenever he jumped the ship, he always bring several proteges with him. That guarantee that the smooth EXECUTION of his strategy.

Both you and the board underestimated the time needed for the infrastruture consolidation.