Cheetahs Continue: Lessons on How to Survive and Thrive from Missouri’s Fastest Growing Businesses
The Chasing Cheetah project (phase 2) continues to look at fast growth business and how they have been able to prosper and grow in an economic recession. "Cheetahs Continue" outlines lessons learned from in-depth interviews with business owners who continued to hire new employees through the recession and focusing on four categories: Reasons for their success, their views on the business climate in their markets, their relationship to their local communities and their perspectives on key policy issues. Findings indicate that these companies have an innate market orientation that gathers intelligence about their customers' needs, shares those needs throughout their firms, and responds in meaningful ways to those customer needs. They also have a willingness to embrace change as it relates to responding to their markets, an intrinsic desire to serve others and a down-to-earth simplicity. The report provides insight and recommendations that can inform local, regional and statewide economic development and job creation efforts. Full report
Chasing Cheetahs: Lessons from Missouri's Fastest Growing Businesses
The Chasing Cheetahs project looks at fast growth businesses located in Missouri that have doubled in employment within five years. Based upon job creation as the key indicator for business growth. The report outlines many of the characteristics of these fast growth or "cheetah" businesses that are making a large impact on their communities. Aspects that these "cheetah" companies attributed to their success: customer service, economic opportunity, focus/goals and workforce rate at the top. The report provides insight and recommendations that may add value to local, regional and statewide economic development and job creation efforts. Full report
Previous reports can be found in the research reports archive.