Hyperspeed Heroes’ Plans for Growth in 2022
Early winners are emerging from the turbulence of the last two years and are beginning to achieve breakaway performance. The next 12 months will be make or break as the window to capture new opportunities continues to close. Businesses will need to make smart decisions swiftly to navigate a dynamic business environment, gain a competitive edge and achieve what we call “hyperspeed value”.
We analyzed the most successful companies’ plans that we surveyed as part of BDO’s 2022 CFO Outlook Survey to discover what these “Hyperspeed Heroes” are doing to achieve hyperspeed value in the year ahead.
Profile of a Hyperspeed Hero
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38% of the 600 companies surveyed are thriving now (these are the “Hyperspeed Heroes”) |
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42% of Hyperspeed Heroes expect profitability to increase between 10-25% over the next 12 months, compared to just 14% of other respondents |
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39% of Hyperspeed Heroes expect revenue increases of 10-25% over the next 12 months, compared with 15% of other respondents |
Hyperspeed Heroes' 2022 Growth
Over the next 12 months, the most successful companies will align their growth strategies toward a set of common objectives – increasing revenues, improving efficiencies and resilience as well as strengthening customer relationships and boosting customer service levels.
Innovation Plans for 2022
In the months ahead, these high-performing businesses are poised to widen the gap between them and the rest of the pack. But it doesn’t mean it’s too late for everyone else – the moves you make over the next 12 months will determine whether you join them or fall behind.
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