100 Years

Longevity

Century-Club-logo

What keeps companies going for 100+years: http://www.crainsdetroit.com/article/20160904/BLOG200/160909939/how-companies-survive-for-100-years#utm_medium=email&utm_source=cdb-weekly&utm_campaign=cdb-weekly-20160904

Five key factors that sustain a business:

  • Strong corporate mission, culture
  • Strengths, change management
  • Deep relationships with partners
  • Employees that feel like family
  • Active members of community

“And as a rule, they are very profitable — but they see profit as the power behind their company, not its purpose.”

Companies often get focused on the tangibles (cash flow, balance sheets, data analysis) which are important….yet it is often the intangibles that separate the great companies from the ordinary.

lessons-from-century-club

Lessons from Century Club Companies: Managing for Long-Term Success – Vicki Tenhaken

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