|“Value is created by removing a significant limitation for the customer, in a way that was not possible before, and to the extent that no significant competitor can deliver.” Eliyahu Goldratt|
The average lifespan of a company listed in the S&P 500 index of leading US companies has decreased by more than 50 years in the last century, from 67 years in the 1920s to just 15 years today.
This shows that are significant obstacles to overcome in building a sustained organization. However, some organizations have overcome them and have become ever-flourishing. These organizations continuously and significantly increase value to their stakeholders. They continuously achieve their goal and satisfy employees and customers.
These are the goals of the Ever-Flourishing Company (EFC). The principles and goals of the EFC informs all strategic thought and action that make a ToC strategy. The principles of the EFC provide leaders with a baseline theory of the organization that leaders can build on to create successful strategies and tactics.
In this article, I describe the Ever-Flourishing Company and how the principles are used in developing a strategy for your organization.