Sustainable Profit. 22 Big Business Secrets for Continuous Profit in the Era of Thin Margins.

Author: Wang Xiaoming, Wang Zhiyong, Editors
Publisher:
Publish Date: 2006-12-01
Features: Profit is the operating principle of every enterprise. No company is willing to let its business incur losses, face operational difficulties, or even go bankrupt. However, in today's increasingly fierce market competition and declining industry profit margins, many companies are increasingly feeling the challenges of management, and profitability is becoming more and more elusive. For a company to achieve success, it must achieve profitability. This is not only a prerequisite for the survival of the enterprise but also for its sustainable existence and development. Only by enabling products/services to benefit customers, strengthening operational management capabilities, ensuring the smooth operation of value streams, and ultimately generating surplus value through the operation of value streams, can the goal of profitability be achieved. Profitability for enterprises is a cumulative growth—it is not just a creative, leapfrogging action but also a disciplined process. Enterprises should set pragmatic goals, involve everyone in growth, continuously achieve small gains, lay the foundation for major innovations, and positively impact sustainable profitability. This book combines numerous case studies to empirically explore the secrets of sustainable profitability of successful enterprises, analyze the root causes of failures in unsuccessful enterprises, and summarize 22 operational strategies for enterprises to achieve continuous development and profitability under current conditions. It is believed that the publication of this book will undoubtedly attract the attention of many managers who are trapped in operational difficulties, those who are confused about their business positioning, and those who expect secondary entrepreneurship.