HEALTHY COMPANY: Generic Components of a Sustainable Growth Company, What Makes a Healthy Company, How To Build a Great Business, Strong Company

Healthy Company

How To Ensure That Your Company Remains Strong In the Future

Seven Generic Components of a Healthy Company

Strategy	A daring, robust, credible and adaptive corporate strategy.
Business Model	Customer-focused → business model based on distinctive → corporate capabilities and the sustainable competitive advantage of the firm
Organization	→ Winning, → balanced and → innovation-friendly organization → 9 Signs of a Losing Organization
People	The ability to attract, retain, develop, → inspire, → energize, and → empower highly-performing talent.
Assets	Productive, well-maintained and well-focused assets
Innovation	Continuous → Innovation systems, technologies, products, services, processes, and marketing.
Positive Corporate Image	A good reputation with → customers , employees, partners, investors, regulators, governments, and other stakeholders.

→ 10 Rules for Building a High-growth Business

What Makes a Healthy Company?

→ The Tree of Business Success

Thinking about health, as opposed to long-term performance, helps → management teams understand how to look after companies today in a way that will ensure that they remain strong in the future. It focuses the mind on what must be done today to deliver the outcome of → long-term performance .

"Most companies are not focusing enough on managing the health of their businesses.

→ 9 Signs of a Losing Organization

There are several generic components of a healthy company – a robust and credible strategy; productive, well-maintained assets; innovative systems, structures, products, services, and processes; a fine reputation with customers, investors, regulators, governments, and other stakeholders; and the ability to attract, retain, develop, inspire and energize high-performing talent," says Ian Davis¹ from McKinsey.

→ Business BLISS

Six Distinct Ways

According to Healthy Companies International², a healthy company sets itself apart in six distinct ways.

❶ A Healthy Company Lives a Higher Purpose. The company views itself not just as a business, but as a force working for the greater good. People understand and embrace the vision, which is clear and inspiring. They have a zeal for fulfilling the company's mission, and share a passion for exceeding customer expectations... More

→ 7 Routes to High Profits

→ Business Success: Yin-Yang Strategies

→ Balanced Business System

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→ e-Coach: 10 Success Lessons

The best way I know to establish and maintain a healthy, competitive culture is to partner with your people
– through shared objectives and a common strategy. >>>

Michael Dell

Dell Inc.

Love for customers is the springhead of the cascade of → innovations and the river of → revenues. >>>

Vadim Kotelnikov

We want to keep the company healthy and its employees happy, and we want to keep them on the job and productive.

Akio Morita

Sony

Boost the self-esteem of your personnel.
If people believe in themselves, it’s amazing what they can accomplish.

Sam Walton

Wal-Mart

Building a leader pipeline is essential to the health of your company and it therefore is a strategic duty of the senior leader.

Jack Welch

Pick good people, use small teams,
give them excellent tools.

Bill Gates

Micsosoft

References:

1. How To Escape the Short-Term Trap, Ian Davis, McKinsey

2. The Healthy Company, Healthy Companies International

3. Advices by Self-Made Billionaires

→ 10 Success Lessons from Amazon

→ 10 Success Lessons from Google

→ 10 Success Lessons from Facebook

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