Sustainable Profitability - 22 Big Business Secrets for Continuous Profitability in the Micro-Profit Era

Author: Wang Xiaoming
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 the face of increasingly fierce competition among peers in today's society and declining industry profit margins, many companies are increasingly feeling the dilemma of management, and profit 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 allowing products/services to benefit customers, strengthening its own operational management capabilities, ensuring the normal operation of its value stream, and ultimately generating surplus value through the operation of the value stream, can the company accumulate this surplus value and finally achieve the goal of profitability. Profitability for enterprises is a cumulative growth—it is not just a creative or 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 have a positive impact on 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 business secrets for enterprises to achieve sustainable 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.