The India Times writes…”In an article titled How the Growth Outliers Do It in HBR’s latest issue, its author Rita Gunther McGrath searched for listed companies that have grown by at least 5% each year over a 10-year period ending 2009. The results showed that only 10 companies – three from US, two each from India and Spain, and one each from Japan, China and Slovenia – grew their net profit by at least 5% during the 10-year period. And only five grew both revenues and net profit every year.” To read the entire article, click here.
The Indian Express writes…”According to research conducted by Rita Gunther McGrath, a professor at Columbia Business School, published in the Harvard Business Review (HBR), only 10 companies out of 2,347 with market capitalisations of over $1 billion, grew their net income by 5 per cent in all 10 years and only five grew both revenues and net income every year.” To read the entire article, click here.