The 1-Hour Industrial Gas Leader – Discover the Eight Golden Industrial Gas Business Rules

0 By Josef David
The 1-Hour Industrial Gas Leader – Discover the Eight Golden Industrial Gas Business Rules

You want to understand the principle rules for running a successful industrial gas company.
Here are the eight rules for success and generating a sustained 15% of Return on Capital Employed


Eight Rules for Successful Industrial Gas Companies

  1. “Stick to the knitting” – do not be lured into related businesses
  2. Better a big fish in a small pond – do not overextend into new business areas
  3. Set your corporate financial targets and stick to them at all times
  4. Manage the business for sustained profitable growth not boom and bust
  5. Make sure that you own or control your basic technology needs
  6. Recruit outsiders to senior positions to refresh the bloodline
  7. Reward and promote based on achievement not appearance
  8. Communicate regularly with all stakeholders and listen to their views