We now have undisputed evidence that more than two thirds of publicly listed companies do not create shareholder value. Moreover, a large number of those who succeed seem to derive their success from events or items over which they have very little control. There is also evidence that apart from a very select group of companies, it is hard to find companies that continue to perform well beyond a ten year span.
This leads us to ask whether high performing firms are the result of chance, or whether we can determine some systematic approaches to gain a sustainable right to succeed. And if so, what are the key ingredients for this success?
The Three Ingredients....
If you look around and identify companies that you deal with either in your business or as a consumer, you may notice that these “successful” companies have three key ingredients.
