Thursday, January 5, 2012

FORMULA FOR SUSTAINED BUSINESS SUCCESS......What Really Work???

1.Being one of the largest enterprises in your industry

2.A well-defined clearly communicated strategy

3.Being one of the lowest cost enterprises in your industry

4.Embracing and emplementing new information technologies

5.Superior corporate governance practices

6.Operational execution that consistenly meets customers expectations

7.Financial engineering expertise

8.Quality of the enterprise's balance sheet

9.Achieving the most stringent quality levels (e.g. Six Sigma)

10.Creating a high-performance,high-values culture

11.Delighting customers by exceeding their expectations

12.A structure that simplifies working in and with the organization

13.Superior talent at all levels

14.Adopting a balanced scorecard

15.A great leadership team at the top

16.Driving innovation in your industry

17.A great brand

18.Developing a strong mergers and partnerships capabality

19.Superior supply-chain management

20.Being a truly global enterprise


Source: Harvard Business Schools

No comments:

Post a Comment