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Success of 'Superaccelerators' More than Sheer Speed
New research from Heidrick & Struggles identifies 23 large companies that outperform competitors by rapidly mobilizing, executing and transforming with agility

LONDON and CHICAGO, June 1, 2016 /PRNewswire/ -- Heidrick & Struggles (Nasdaq: HSII), a premier provider of executive search, leadership consulting and culture shaping worldwide, today released new research detailing how some of the world's largest companies outperform their competitors by moving with the speed and agility of much smaller organizations.   

Heidrick & Struggles Issues New Thought Leadership - Accelerating Performance

The firm's new report, Accelerating performance: How to mobilize, execute, and transform with agility, identifies 23 "superaccelerator" companies and the behaviors that enable them to move quickly and decisively, speeding past competitors.

"Sustained organizational success in an uncertain, fast-changing world requires acceleration," says Colin Price, Executive Vice President and Global Managing Partner, Leadership Consulting. "We define 'acceleration' as reducing time to value through the ability to pivot sharply and to rapidly build market momentum."  

For the complete report, see http://bit.ly/1sJmKa3

"The majority of competitive differentiation occurs based on companies' ability to make sense of changes in their environment and to act 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."

Notably, the superaccelerators are not all Silicon Valley technology companies—they come from a variety of industries and geographies. "Twenty years ago, we would have found that industry and geography mattered more than they do now to a company's prospects for outsized success," Price says. "There were wide variations in the attractiveness of industries, but 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."

The 23 Superaccelerators (ranked by 2015 revenue)

1.

Apple                                 

United States        

Technology

2.

Ping An Insurance (Group) Company of China

China                      

Financial Services

3.

Alphabet                   

United States           

Technology

4.

Comcast           

United States              

Communications

5.

SoftBank Group      

Japan                

Communications

6.

Cigna                              

United States              

Healthcare/Life Sciences

7.

Gilead Sciences                         

United States            

Healthcare/Life Sciences

8.

Taiwan Semiconductor Manufacturing Company   

Taiwan      

Technology

9.

Danaher                    

United States               

Healthcare/Life Sciences

10.

Starbucks                             

United States    

Consumer Goods

11.

Tencent Holdings            

China                     

Technology

12.

Tata Consultancy Services             

India                         

Technology

13.

Visa                                  

United States                  

Financial Services

14.

Cognizant Technology Solutions             

United States     

Technology

15.

BlackRock                           

United States      

Financial Services

16.

Biogen                                  

United States          

Healthcare/Life Sciences

17.

MasterCard                      

United States             

Financial Services

18.

The Priceline Group                    

United States            

Communications

19.

Shire                            

United Kingdom          

Healthcare/Life Sciences

20.

HDFC Bank                    

India                   

Financial Services

21.

Cerner                  

United States           

Technology

22.

Intercontinental Exchange                     

United States          

Financial Services

23.

Illumina                  

United States        

Healthcare/Life Sciences

Analysis of these and other successful companies led the Heidrick & Struggles Leadership Consulting team to develop a framework that an organization can follow to accelerate its own performance.

"Following this framework will increase the metabolic rate of an organization so that it is fitter, more effective and can respond faster to changing external factors, no matter what industry or geography it competes in," Price says.

About Heidrick & Struggles:

Heidrick & Struggles (Nasdaq: HSII) serves the executive talent and leadership needs of the world's top organizations as a premier provider of leadership consulting, culture shaping and senior-level executive search services. Heidrick & Struggles pioneered the profession of executive search more than 60 years ago. Today, the firm serves as a trusted advisor, providing integrated leadership solutions and helping its clients change the world, one leadership team at a time. www.heidrick.com.

H&S Media Contact:
Lia Randazzo +1 312.731.4003
lrandazzo@heidrick.com

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Photo - http://photos.prnewswire.com/prnh/20160531/374001
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SOURCE Heidrick & Struggles


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