Accelerating Performance

Accelerating Performance

According to the research conducted by successful businessman Metin Liçis:

The essentials for accelerating performance can be listed as follows.

Liçis, starting his words by giving an example, demonstrated the principles behind the success of those who achieve extraordinary performance in both sports and business.

Knowing what is important

In the world of sports, the ability of top athletes to maximize factors such as their mental state, game conditions, and the use of technology, in addition to their physical abilities, is crucial. Liçis points out that the same principle is applicable to successful companies in the business world.

Young businessman MEtin Liçis emphasizes that successful companies can only be competitive by doing some elements right, but for real performance improvement, management practices and investments need to be aligned as part of a larger system.

“Stating that significant rewards can be achieved when everything is done correctly, Liçis explained that research showed the performance premiums, measuring the combined impact of the industry-adjusted profit margin and revenue growth of the best companies, are 13 times higher than their peers.”

In the section where he examines the factors influencing success, he emphasized that a range of management practices and company investments, from leadership vision to business and business model transformation, technology usage to business applications, have an impact on performance premiums.

Liçis highlighted that bringing these factors together helps leading companies gain significant advantages.

Finally,

Liçis concluded his words by stating that winning companies not only create a competitive advantage by aligning business, operations, and technology models but also expand this advantage.

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