"These 25 superaccelerator companies consistently achieve top-tier revenue growth with impressive, sustained profitability," said
Price is co-author along with Heidrick & Struggles Leadership Consulting Partner Sharon Toye of the book, Accelerating performance: How to mobilize, execute, and transform with agility that debuted this past January in
"The majority of competitive differentiation occurs when companies make sense of changes in their environment and react in a timely manner," Price says. "Actions that must be accomplished with speed and agility include exploiting new sources of growth as well as sustaining the source of today's competitive advantage—in other words playing both offense and defense."
The list of 25 superaccelerators for 2017 includes 11 new entries along with 14 that also made the original list of superaccelerators in 2016, underscoring the leadership challenges associated with achieving—and maintaining—high levels of performance.
Notably, the superaccelerators come from a variety of industries. "As capital has become ever more global, liquid and informed, we see that creative ideas and nimble execution can succeed in a wide range of markets and industries," Price said.
2017 Superaccelerators (ranked by market capitalization as of
1. *Apple |
United States |
Technology |
2. *Alphabet |
United States |
Technology |
3. Alibaba Group Holdings |
China |
Consumer |
4. *Tencent Holdings |
China |
Technology |
5. *Visa Inc. |
United States |
Financial Services |
6. *Comcast Corporation |
United States |
Communications |
7. *Taiwan Semiconductor Manufacturing Company |
Taiwan |
Technology |
8. United Health Group |
United States |
Healthcare/Life Sciences |
9. *Ping An Insurance (Group) Company of China |
China |
Financial Services |
10. Celgene Corporation |
United States |
Healthcare/Life Sciences |
11. *The Priceline Group Inc. |
United States |
Consumer |
12. *Starbucks Corporation |
United States |
Consumer |
13. CVS Health Corporation |
United States |
Healthcare/Life Sciences |
14. *Tata Consultancy Services Limited |
India |
Professional Services |
15. *Biogen Inc. |
United States |
Healthcare/Life Sciences |
16. *HDFC Bank Limited |
India |
Financial Services |
17. The Charles Schwab Corporation |
United States |
Financial Services |
18. Keyence Corporation |
Japan |
Technology |
19. Sun Hung Kai Properties Limited |
Hong Kong, China |
Real Estate |
20. VMware, Inc. |
United States |
Technology |
21. NetEase, Inc. |
China |
Technology |
22. *Cognizant Technology Solutions Corporation |
United States |
Technology |
23. McKesson Corporation |
United States |
Healthcare/Life Sciences |
24. Monster Beverage Corporation |
United States |
Consumer |
25. *Cerner Corporation |
United States |
Technology |
To qualify as a superaccelerator, a company must pass four "rules of 20." Among the 500 companies with the highest market capitalizations in the world, they must:
- Be in the top 20% for revenue growth, both in the past three and the past seven years,
- Have generated no more than 20% of their growth inorganically (through acquisition),
- Received no more than 20% of their revenue from their home government (eliminating state-supported enterprises),
- Have not seen their profit margin reduced by more than 20% as a percentage of revenue as they grew in scale.
For Price's article "What does it take to be a 'superaccelerator'?" which includes last year's original list of superaccelerators, click here or go to http://bit.ly/2qjH2qg.
About
Contact:
jharmon@heidrick.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/2017-superaccelerators-25-companies-outpacing-their-competition-300469949.html
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