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As Published in the Talent Economy Magazine
The Purple Squirrel 100 Fastest
Growing IT Services Companies.
2002 Thriving in
Difficult Times:
Despite
Challenging and uncertain times, these remarkable IT Services companies
achieved extraordinary growth. It is only the best organizations that thrive
in difficult times. This year in particular, the purple squirrel 100
exemplifies service, innovation, and unyielding determination in the face of a
tough economy.
2003
Shine
on. The Future Looks Bright:
Why mince
words about it. The past few years have been an uphill climb for the IT
services and staffing industry. Y2K came and went and then the dot.com craze
drifted away like so much tumbleweed. Just as things started to look
brighter, VMS struck followed by the recent explosion of offshore
outsourcing.
Many
Staffing and Service firms couldn’t withstand the barrage. Many more
survived. Only a stout few, however, managed to take this economic lemon
and make sweet, sweet lemonade.
We have also learned that the
qualities that make a company successful in the boom times are at the
same qualities that protect a company when the chips are down. And there
is nothing particularly complicated about these values: customer
service, exemplary communication skills, high standards, and
trustworthiness, to name a few. In short, they are the core values
necessary for any business, in any industry, to attain success.
Entrants
submitted tax forms for the prior three years, with a statement about the
company. The information was validated and ranked by accounting firm Johanna
Higham, P.C. To obtain the growth rate, we subtracted the first year
revenues from the latest year revenues and divided the first year revenues
by the difference. We’re impressed with the numbers, but even more so with
the words from the leaders of those companies–words such as relationships,
service, and loyalty. Read the profiles of some of the Purple Squirrel 100
on the following pages and learn what we did–that the owners are interested
in a lot more than the bottom line.
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