Six great Omani CEOs were asked by OER (in May 2009 Issue), how can a company retain its success after a report from Fortune 500 said that only 71 companies out of 2000 were able to stay in the list since its inception in 1955?
If you own or run a small to medium size company. The article in page 88 is a must read and it contains thorough explanations that are inspirational and direct.
Keeping the Legacy:
“Maintaining a heritage calls for concerted effort”
– Adil Ghouse, CEO, Consumer Products Group, Khimji Ramdas
Countries call is heritage but companies call it branding. The image of your company is built of reflections you’ve allowed it to adapt to and the culture is build of the workforce is values and behavior.
Basic Instinct:
“Start focusing on your priorities”
– Richard P Russell, MD & CEO, Blue City Company 1
Focusing on the basic elements of Business is what will build the bond between you and your customers. Once you share a bond, it takes a whole army to break what you’ve got.
Close to your knitting:
“One of the fundamental philosophies of our group is to be conservative”
– P Chandrasekhr, Group General Manager, Jawad Sultan Group
This takes us back again to basics. It is also what all consultants do. You only ask for their help when you are too deep inside the box and need an outsider to point stuff out.
People Power:
“It is only the people-focus that will keep a telecom company afloat whether it is a boom or bust time”
– Ross Cormack, CEO of Nawras
Before coming up with a new idea to revolutionize the world, ask the most important questions. What do the customers want? Where do they need our assistance? How can I improve things?
In the end our success is only possible by delivering what they really need.
Read The Writing on the Wall:
“A CEO has to be futuristic in his outlook and should not ignore modernization and innovation”
– Krishna Kumar Group, CEO of Al Anwar Holdings
Deliver solutions that will make tomorrow seem easier then today.
Future Ready:
“Our 40 year legacy inspires us”
– Giles Cunningham, CEO, Zubair Corporation
If you’ve succeed in finding solutions for customers 50 years ago, then you will succeed in finding solutions for customers today. However focusing on R&D gives you a good advantage over your competitors. Use it to change today for tomorrow.
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