Smart Growth-Creating Real Long-term Value

Most U.S. business leaders appear to believe that all businesses either "grow or die"-and many act as if they believed that all growth is good, and that public companies should grow in a linear, continuous manner as reflected in ever-increasing quarterly earnings. But if these tenets of "the U.S. Growth Model" inform the short-term business view that prevails in many C-suites and boardrooms, there has been surprisingly little analysis of the extent to which the pursuit of continuous growth translates into longer-run success. Copyright Copyright (c) 2010 Morgan Stanley.