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Gazelles Defines
A gazelle company is an
American expression for
small, fast growing companies, that create many job opportunities. Fast growing
firms ("gazelles") are publicly traded companies that have grown at least 20%
for each of the last four years, starting with at least US$ 1 million in sales.
Leading a
Venture
Venture leadership is about leading in a rapidly changing, often
hostile business environment. This
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leadership style
is especially relevant when you
innovate proactively, launch
a world-changing
high-growth startup, lead a
big change or
radical innovation project.
Leading such ventures is a
war-style journey
because they have a lot of
diverse enemies...
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Entrepreneurial Leader:
4 Attributes
Sustainable
Competitive Advantage
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Sustainable Competitive Advantage
is the prolonged benefit of implementing some unique value-creating
strategy based on unique combination of internal organizational
resources and
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capabilities
that cannot be replicated by competitors.
Sustainable competitive
advantage allows the maintenance and improvement of your
enterprise's competitive position in the market. It is an advantage
that enables your business to survive against its competition over a
long period of time...
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Growth
Attitude
Growth attitude is a combination of
skill, experience, and judgment, with a dash of courage and a dose of
arrogance.
This
attitude
establishes a context within which
new
managers lead by
creating enterprise strategy,
setting direction, securing resources, defining organization architecture, and ensuring that
learning occurs...
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Entrepreneurial Leadership
In the new era of rapid
changes and
knowledge-based enterprises, managerial work becomes
increasingly a
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leadership task.
Leadership is the primary force behind
successful
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change.
Leaders
empower employees to act on the
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Vision.
They execute through
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inspiration and develop implementation capacity
networks through a complex web of aligned relationships.
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Entrepreneurial Leader
involves instilling the confidence to think, behave and act with
entrepreneurship in the interests of fully realizing the
intended purpose of the organization to the beneficial growth of all
stakeholders involved...
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The Importance of Being
First-to-Market
Surprise To Win: 3 Strategies
3Ss of Winning in
Business
Jack Welch's 5
Strategic Questions
Being first in
any market category is going to
give you the edge – being the leader comes from
being first. It's much
easier to
get into the mind of
consumers first that try to convince people you have a better product or
service than the one that did get there first.
Improvements are always made to product/service inventions and
innovations
but the first in has a head start. Once you are the leader, a position
mostly gained by being first, it is pretty hard for
competitors to dislodge you, as long as you keep your products up to
date and of comparable
quality...
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The Role of Innovation
Systemic Innovation: 7
Areas
10 Commandments
of Innovation
Becoming
an industry leader requires significant revenue growth beyond what can be
attributed to
incremental efficiency improvements.
The essential ingredient is
radical
innovation that gives the innovation leaders a substantial edge in
faster revenue growth. More than three-quarters of
CEOs of fast-growing
companies cited innovation as their strongest
competitive advantage, according
to a PricewaterhouseCoopers survey...
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Value Innovation
Innovation Is
Love
Blue Ocean vs. Red
Ocean Strategy
Why do some companies achieve sustained high
growth in both revenues and profits? In a five-year study of high-growth
companies and their less successful competitors, researches7
found that the answer lies in the way each group approach
strategy.
The difference in approach was in the
companies' fundamental, implicit assumptions about strategy. The less
successful companies took a conventional approach: their
strategic thinking was
dominated by the idea of
staying ahead of the competition. In stark contrast, the high-growth
companies paid little attention to matching or beating their rivals.
Instead, they sought to make their competitors irrelevant through a
strategic logic called
value Innovation...
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Radical
Innovation
Radical innovation,
concerned with exploration of new technology, is
fundamentally different
from incremental innovation that is concerned with exploitation of existing
technology. Long-term corporate success linked to the ability to innovate.
Although corporate investment in
improvements
to existing products and processes does bring growth, it is new game
changing breakthroughs that will launch company into new markets, enable
rapid growth, and create high return on investment...
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Venture Management
Management of the venture-building process is
fundamentally different from corporate management that is focused
on delivering the annual operating plan. Management of a new high-growth
business is built around a customer-driven idea or a technology. It
requires
entrepreneurial mindset and skills.
8 Key Entrepreneurial
Questions
Being first to the market is the top
priority for the venture manager. Your core competence, the ability to move
quickly from idea to market, is a key enabler of success...
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Best Practices for
Maintaining The Effectiveness and Efficiency
The
CEOs surveyed ranked the
following as "best practices" for maintaining the effectiveness and
efficiency of fast-growing firms...
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Strategic Alliances
On an average, each fast growing company is
engaged in 5 different types of strategic alliances...
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Joint Ventures
Over 30% of fast growing companies are involved
in joint ventures...
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Most Important Tasks...
The
Framework for a Growth Strategy: Four Rules...
Mobilizing Your Organization...
Building a Growing Company:
10 Commandments...
Managing Rapid Growth...
Integrating
E-business...
Case in Point
3M...
Case in Point
Google...
Case in Point
Fun4Biz...
Case in Point
Innovatel...
Case in Point
Innompics...
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