Revenue is one factor for business growth, but not the only one. See how 9 Fortune 500 companies are growing!
Rock Content Writer
Mar 24, 21 | 9 min read
business growth
Reading time: 7 minutes
Everyone interprets business growth differently.
While some companies look at it in terms of how much money they are making and what their profitability percentages look like year over year, it can be much more than that.
Many Fortune 500 companies look at qualities and achievements that have nothing to do with revenue to determine whether they are experiencing positive growth. If you want to learn from great organizations, read on! Here you will find:
What is business growth?
How Have 9 Fortune 500 Brands Achieved Growth?
What is gained by looking beyond profits?
What is business growth?
Business growth is what keeps a company moving
forward year after year. While profits are needed to ensure continued operations, there is much more to it than that.
Decades ago, corporations focused lesotho email list 150000 contact leads solely on profits to determine their growth. Human and physical resources were simply pushed to the limit to ensure that profits were achieved.
Now, we are in a world where people talk. It is easy to see how one company is more successful than another because of its captivated audience, its satisfied customers , or how well it supports different causes.
Society matters. The planet matters.
When a company publicly addresses social and environmental issues, it stands out. This ensures that even when the economy is not thriving, companies maintain their leadership.
Long-term sustainability requires unique business strategies. This ensures that customers are always there. It ensures, precisely, that a company is around for decades instead of achieving short-term growth, which results in a relentless nosedive to the worst-case scenario: oblivion and loss of relevance.
How Have 9 Fortune 500 Brands Achieved Growth?
While many Fortune 500 brands choose to achieve (and calculate) their growth in different ways, these are great examples that prove that being the biggest isn’t always what matters.
It also works to use technology to help people
with free products like Google Maps, Chrome and more.
Through these free services, they focus on improving society, not increasing their income. They know that the income comes after they have paid their fair share to make a difference.
3. Cisco Systems
Cisco’The Network. Intuitive.’ Peter Dinklage
Cisco Systems has proven that with happy online sales 3 digital sales trends for 2024 employees comes innovation and the desire to strive to be the best.
They have market-leading security and networking solutions and have worked with some of the world’s leading companies.
Cisco Systems is continually identified as one of the best places to work and recently acquired the #1 spot on the Fortune, Inc. List .
Cisco maintains corporate social responsibility. It also spends a lot of time fostering a healthy work culture.
It has a global workforce and, according to surveys, employees are proud to work for the organization. Safety and inclusion speak volumes about the health america email list of a company and is clearly a driving force behind the success it experiences.