The Daily Stat: Achieving Sustained Growth: No Cakewalk

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FEBRUARY 9, 2010
Achieving Sustained Growth:
No Cakewalk
12%. That's how many companies worldwide managed to grow profits and revenues more than 5.5% over the 10 years ending in 2008 and earn back their cost of capital, according to Bain's updated global database of Sustained Value Creators. The moral of the story: Achieving sustained, profitable growth is very challenging, and the odds of success are low.
Source: Profit from the Core: A Return to Growth in Turbulent Times,
by Chris Zook and James G. Allen
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Profit from the Core: A Return to Growth <br />in Turbulent Times
Profit from the Core: A Return to Growth
in Turbulent Times
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In this updated edition of Profit from the Core, the authors show that a renewed focus on the core is more critical than ever as firms seek to rebuild their competitive advantage coming out of the downturn — and that a strong core will be the foundation for successful expansion as the economy recovers.
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