BySteve Denning,
Senior Contributor.
The value creation revolution that is today replacing traditional management, isn’t confined to a few tech firms in Silicon Valley—the so-called “Magnificent Seven.”: Alphabet (Google), Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla. The reality is that the value creation revolution is reshaping business globally in every sector.
The following regions and countries have multiple firms with 10-year total shareholder returns (TSR) greater than the global benchmark of the current S&P500 average of 230% operating in diverse sectors.
Thus, the practice of traditional management is being replaced by the principles of value creation, with value for customers as the primary operational principle ahead of short-term profits, along with prioritizing networks over hierarchy, and adaptive mindsets over rigid processes, extraordinary gains are being made.
