Monday, October 21, 2013

Competitive Governance



Sustaining High Growth In Business
A success formula for today’s leaders

A gazelle has to outrun a lion every day in order to keep ahead and stay alive.

The ability for gazelles to run high speeds requires health, agility and stamina. These are characteristics shared by high growth businesses.
   
High growth businesses target rapid increases in revenue over consecutive years often doubling in revenue every 4 years. They tend to be small and medium sized enterprises. These gazelle businesses are the biggest job creators in North America.

Gazelle Businesses:

1. Know how to utilize the right resources, both people and finances.

2. Know how to differentiate themselves from their competitors.

3. Understand the route to the most profitable markets.

Gazelle businesses have a higher chance of continual success compared to other small and medium size businesses.

At the leadership level gazelle businesses seek out professional advice from experts in finance, production, customer relations and competitive governance. The advice on these facets of business is integrated into a strategic plan.

The plan is expressed to stakeholders through leadership vision, management mission and organizational goals. The aim is to ignite stakeholder passion by setting out a long term direction for the business coupled with achievable milestone goals and targets.  

At the operational level gazelle businesses are able to infect employees with the founder’s passion to excel and sustain high performance in executing work functions.

Passion builds self-esteem and energizes the employees to strive towards achieving set targets.

When targets are hit, everyone from the top leadership all the way down to the rank and file staff experience a sense of self-achievement. A high esprit de corps permeates the work teams. 

Gazelle businesses focus on competitiveness. Financial investment in good governance practices, human resources training and market development is done. This investment is key to ensuring high growth. 

Gazelle businesses succeed even under extremely adverse economic conditions.

Seek the expert consulting advise necessary to lead a gazelle business. 

Siddha Param
International Business Consultant
Winnipeg, Manitoba, Canada

All business is local. All markets are global.





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