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Words: | Submitted: Mon Jun 19 2006
... Clearly Stated, Focuses Strategy Whatever your strategy, whether it is low prices or innovative products, it will work if it is sharply defined, clearly communicated and well understood by employees, customers, partners and investors. One of the key mandates that winning companies followed was a focus on growth. 2. Execution: Develop and Maintain Flawless Operational Execution You might not always delight your customers, but make sure that you never disappoint them. Winners consistently meet the expectations of their customers by delivering on their value proposition. To be a steady Winner, you must constantly slash operation costs while increasing productivity by 6 to 7 percent every year. 3. Culture: Develop and Maintain a Performance-Oriented Culture Corporate culture advocates sometimes argue that if you can make the work fun, all else will follow. The research results suggest that fun, useful as it may be, is secondary to performance. Winners embraced corporate cultures that supported high performance standards, ...
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