Companies defined as technology leaders attain better business results than rivals that de-emphasize technology leadership. However, a study of companies that could be called technology leaders reveals that these companies were not only more profitable than their competitors but outgrew them in revenue growth as well. Posted November 1999 Complex products, complicated technologies, rapid growth spurts, short product life cycles, and strategic inflection points create a unique set of challenges.
Successful executives grasp the implications and manage their businesses accordingly.
Unlike sports teams, management teams rarely practice before making decisions. Experience shows that by following ten principles companies are more likely to arrive at successful business decisions. It's a widely known, but rarely discussed, practice that many electronics companies borrow revenue from the future to improve current performance. We're not talking about false sales documents, illegitimate transactions, or contingent sales booked as revenue. All of this is done in compliance with accounting policies.