Arthur D. Little studied six companies with excellent performance “that are – at least to the outsider – in unglamorous business sectors, relatively unknown to the consumer, and downstream in the food chain of huge and highly competitive industries such as automotive, consumer goods, and pharmaceuticals.” The companies are global leaders in their sectors, with annual sales between $1 and 4 billion. They are from sectors that, directly or indirectly, cater for elementary needs that are expected to remain in demand even in a slow-growth environment.
The study tried to identify the factors that help explain these companies’ strong performance. It also looked for common factors among them. Unsurprisingly, there are strikingly common factors – the building blocks of “back to basics”. Read on…
Authors: Herman Vantrappen, Yusuke Harada
Source: Prism (Arthur D. Little)
Subjects: Best Practices, Management
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