Every industry has had outliers that deliver superior performance over the long run, despite facing the same constraints as competitors. Drawing on Deloitte's insights of almost 25,000 companies spanning 45 years, the authors identified 394 companies that are true long-term standouts in every kind of industry--medical devices, trucking, semiconductors, even discount stores.
"Michael E. Raynor and Mumtaz Ahmed have analyzed data on more than 25,000 companies spanning forty-five years. In collaboration with teams of researchers they then put a carefully chosen sample of twenty-seven companies under the microscope to uncover what made the standout performers different. They found that exceptional companies, when faced with difficult decisions, follow three rules: 1: Better before cheaper. They rarely compete on price. 2: Revenue before cost. They drive profits through price and volume, not thrift. 3: There are no other rules. Everything else is up for grabs, and they are willing to change anything to remain true to the first two rules."
"Leading data analysts Raynor and Ahmed conducted a five-year study to sort through mountains of data and identify 18 companies who have truly exceptional lifetime performance. They found that success derives from how executives make choices around three key areas: price, position, and persistence. The Three Rules will allow leaders in organizations of any kind to make the hard choices that drive long-term success. When the pressure is on and the facts are ambiguous, you need to know what works most often for the most successful companies."
"Every industry has had outliers that deliver superior performance over the long run, despite facing the same constraints as competitors. Drawing on Deloitte's insights of almost 25,000 companies spanning 45 years, the authors identified 394 companies that are true long-term standouts in every kind of industry--medical devices, trucking, semiconductors, even discount stores."@en
"Every industry has had outliers that deliver superior performance over the long run, despite facing the same constraints as competitors. Drawing on Deloitte's insights of almost 25,000 companies spanning 45 years, the authors identified 394 companies that are true long-term standouts in every kind of industry--medical devices, trucking, semiconductors, even discount stores."
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