Who’s thriving in today’s atmosphere? Deloitte Touche Tohmatsu recently released its fifth annual list of the 200 fastest-growing companies in the world. Honorees culled from an original group of 25,000 candidates include Boeing, Check Point Software Technology, Citigroup, German manufacturer Elring Klinger and General Electric.
To make the list, companies had to exhibit resilience under pressure, says Thomas Doorley, CEO of Sage Partners and retired senior partner at Deloitte Touche Tohmatsu. “It takes a focus on three areas of success: creating value for your customers, creating an atmosphere in which talented people want to work and creating value for your investors,” Doorley says. “Most of the 24,800 companies that didn’t make the list didn’t hit all three factors.” In constructing the list, Deloitte looks at a candidate’s track record over the previous three years to verify sustained performance and not just short-term success.
Of the 200 companies on this year’s list, 26 have made the cut for the past three years. Deloitte’s study found that the fastest revenue growth in the top 200 took place in sectors such as utilities, transportation and energy. The average revenue growth for top 200 companies in the technology sector was 40 percent.
The full list is available through www.deloitte.com.