At Strategenic, we show companies how to develop the ability of “top performance” to become a successful company where revenue and profit increase year after year. .
Top performance for unstoppable growth
Successful companies build unstoppable momentum and a way of working that oozes top performance. Some of the main ways they do this is by:
- Thinking through and planning to absolutely ensure they achieve their top goal(s)
- Setting a good pace and ensuring they achieve it, year after year
- Milking more benefit from the innovations/ products that turn out to be successful
- Creating powerful market pull, so that customers actually approach them, and they can charge good margins
Jim Collin’s new book, Thriving in Chaos, has a superb story, explaining just how Amundsen ensured his success against Scott in the race to the S. Pole. It explains top performance really well.
An example successful company
Intel is one great example of this. Intel’s main market has been for the PC and the bottom is dropping out of that very market. No doubt they wish they had seen it coming a long time ago. Even the best companies make mistakes. As it is, now they are responding and, because they are a “manufacturing powerhouse with plenty of cash”, they are one of the very few companies that are likely to pull through. In fact despite the chaos they are living through, Intel’s market share is at a ten year high. They grew to $45 billion in revenue in 2011. How did they do it?
Well, they:
- Have developed an ability to route march their people up steep hills just like this one
- Are using an ability, developed over decades, to change direction and get the “engine” moving fast in the right direction
- Have stored enough money to buffer them against exactly this sort of challenge
- Have a strong reputation for top quality by channels and customers across the globe
What is more, their top performing nature may well see them benefiting massively from the mobile phone market, which they are approaching fast.
You business can also achieve top performance. If you do then you will attract the best staff, will achieve so much more in far less time and your competition will look on in awe. Learn how successful companies achieve high staff engagement.
What other examples of successful companies do you know?