Early winners are emerging from the turbulence of the last two years and are beginning to achieve breakaway performance. The next 12 months will be make or break as the window to capture new opportunities continues to close. Businesses will need to make smart decisions swiftly to navigate a dynamic business environment, gain a competitive edge and achieve what we call “hyperspeed value”.
We define hyperspeed value as breaking organizational inertia to accelerate growth to match the speed of change and outpace competitors. It is achieved when companies embrace change and innovation to capture opportunities that drive outsized growth. For a detailed introduction to hyperspeed value, read this insight.
We analyzed the most successful companies’ plans that we surveyed as part of BDO’s 2022 CFO Outlook Survey to discover what these “Hyperspeed Heroes” are doing to achieve hyperspeed value in the year ahead.
Profile of a Hyperspeed Hero
Hyperspeed Heroes’ 2022 Growth
Over the next 12 months, the most successful companies will align their growth strategies toward a set of common objectives – increasing revenues, improving efficiencies and resilience as well as strengthening customer relationships and boosting customer service levels.
Innovation Plans for 2022
In the months ahead, these high-performing businesses are poised to widen the gap between them and the rest of the pack. But it doesn’t mean it’s too late for everyone else – the moves you make over the next 12 months will determine whether you join them or fall behind.